Mckinlay Terrace, Loanhead, Midlothian, EH20 9JG

Property Details

A two-bedroom flat in a desirable location, ripe for modernisation and ideal for first-time buyers or investors, featuring spacious rooms filled with natural light, a large bathroom, a practical kitchen, a bright reception room, and a garden, all well-connected to public transport and local amenities.
EPC = C
Council Tax = B

For sale is a two-bedroom flat that is ripe with potential and ready for a new owner to bring it into the modern era. This property, although in need of modernising, presents an excellent opportunity for first-time buyers or buy-to-let investors looking for a project.

The property boasts a spacious layout, including two double bedrooms, each filled with natural light. The first bedroom is a comfortable double, and the second is a spacious haven, offering plenty of room to create a relaxing retreat.

There is a large bathroom, providing ample space for all your needs. The kitchen is a practical space, featuring ample storage, ready for you to put your own stamp on it. The separate reception room is a bright and inviting area, thanks to the large windows that allow for an abundance of natural light to flood in.

Beyond the interior, the flat also comes with a unique feature - a garden, which offers a slice of green in the city and a perfect place for relaxation or entertaining during the warmer months.

Situated in a desirable location, the property is well-connected with excellent public transport links. Additionally, it is within proximity to local amenities, schools, and green spaces including nearby parks. The strong local community further enhances the appeal of this location.

In summary, this flat, with its character, potential and prime location, presents a unique opportunity for those ready to realise its full potential.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Loanhead is a popular and thriving commuter town in Midlothian, surrounded by open countryside. The town offers excellent transport links this in an ideal location for the city worker, the nearby city by pass offers fast access to the major road networks, along with a Park and Ride facility at Straiton for those travelling into the city. The nearby Straiton Retail Park boasts a host amenities from high street retailers from restaurants to supermarkets. Costco superstore and Ikea are a short drive away. Schooling is represented excellently at both primary and secondary level with Loanhead Primary and Lasswade High School falling within the local catchment area. The Pentland Hills Regional Park, offers an array of outdoor pursuits: including walking, cycling, running and horse riding.



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.