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Gardenstown, Aberdeen AB45 - 2 Bed End Terrace, **30%BMV** Description  A rare opportunity to purchase this traditional fisherman’s end-terraced two bedroom cottage pleasantly situated in the Main Street area of the picturesque fishing village of Gardenstown. The property, which is on three levels, is built gable-end to the street and is accessed via a shared pend. It enjoys sea views from the attic bedroom and would make an ideal holiday home. Some period features have been retained including the panelled interior doors and the tiled fireplace in Bedroom 1. Gardenstown is an attractive fishing village in a striking location on the Moray Firth coast approx. 8 miles from Macduff. There is an excellent primary school with secondary education provided for at Banff approx. 9 miles distant. It is easily accessible from Aberdeen which is approx. 50 miles distant. 2 Bed End Terrace House/Cottage Market Value: £95,000 (RICS Home Buyers Valuation) Purchase Price: £66,000 BMV Discount: 30% Equity: £29,000 Rental: £400pcm Yield: 7.3% Cashflow: £214.37pcm Deal Fee: £1,999   Likely repayments based on a 75% LTV 4.5% interest only BM product with a 25% deposit =£185.63 =£214.37 profit before agent fees Costs of Normal Buy to Let Deal: Solicitors, buyers & vendor £1300 approx, Home Buyers Report £480. £1,999 Finder fee applies. Total cost: £ 3,779 |
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Contact our friendly team for more information on any deals, please call
Office tel: 01654 712470
Iain: 07976983438
Scott: 07843092006
email: info@1-world-properties.co.uk
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