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£425,000

Offers Over

8 bed house for sale Blacksness House, New Street, Scalloway, Shetland, ZE1 0TQ

8 beds 5 baths Detached House

Tenure: ask agent

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About this property

Reference - KA0673 REDUCED - £35,000 BELOW VALUATION Welcome to Blacksness House Introducing Blacksness House, a detached building separated into five self-contained flats spanning three storeys, situated on New Street, Scalloway. Of the five flats offered within Blacksness House, two currently have long-term tenancies in place. Blacksness House presents a unique opportunity to modernise & renovate well-positioned flats, making them ideal for long-term or short-term tenancies.

Key features

Reference - KA0673
REDUCED - £35,000 BELOW VALUATION
Five Self-Contained Flats
3 x Two Bed Flats
2 x One Bed Flats
2 x Flats Currently Tenanted
Generous Private Garden Included
Ideal Investment Opportunity
Desirable Area
Walking Distance to Amenities

Floorplan

Location

Blacksness House, New Street, Scalloway, Shetland, ZE1 0TQ

Open map Street View

Council tax: Band D (Approx £1,488/year)

Mortgage and LBTT

Property price £425,000

£212k £638k

Deposit10% £43,000

£0 £425k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £382,000 mortgage. Most lenders would want a household income of about £85,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.