1/34

£125,000

Offers Over

3 bed house for sale 112 St. Olaf Street, Lerwick, Shetland, ZE1 0ES

3 beds 3 baths Terraced House

Tenure: ask agent

Added yesterday

About this property

Reference - KA0673 Welcome to 112 St Olaf Street REDUCED - £50,000 BELOW VALUATION Presenting 112 St Olaf Street, a terraced property consisting of three self-contained flats spanning three floors, situated in one of Lerwick's most historic streets. The ground floor flat is currently operating as a long-term let, and the other two flats have previously operated as long-term lets. The first flat consists of a kitchen, living area/bedroom, and bathroom.

Key features

Reference - KA0673
REDUCED - £50,000 BELOW VALUATION
Three Self Contained Flats
Three Stories
Refurbishment Project
One Flat with Long Term Tenancy
Ideal Investment Opportunity
Well Proportioned Gardens
Central Location
Nearby Amenities

Floorplan

Location

112 St. Olaf Street, Lerwick, Shetland, ZE1 0ES

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.