2 bed flat for sale 8b St. Magnus Street, Shetland, Lerwick, ZE1 0JT

2 beds 1 bath Flat

Tenure: ask agent

Added yesterday

About this property

Reference - KA0673

Welcome to 8b St Magnus Street

Introducing 8b St Magnus Street, a well-presented two-bedroom first-floor flat situated in Lerwick. This comfortable, well-kept flat benefits from its own private access and occupies a sought-after location in Shetland’s capital.

The accommodation comprises a well-proportioned open-plan kitchen/lounge, two bedrooms, a shower room, a private stairwell, a large storage cupboard beneath the stairs and double-glazed windows throughout. Externally, the flat includes shared drying green to the rear, a generously sized chipped garden with mature shrubbery in front of the dwelling and on-street parking.

Key features

Reference - KA0673
First Floor Flat
Two Bedrooms
Open Plan Kitchen/Lounge
Private Entrance
Well Equipped Bathroom
Double Glazed Windows
Excellent Storage
Well Proportioned Front Garden
Central Location

Floorplan

Location

8b St. Magnus Street, Shetland, Lerwick, ZE1 0JT

Open map Street View

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

Mortgage and LBTT

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 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.