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£330,000

Offers Over

5 bed flat for sale 20 Law Lane, Lerwick, Shetland, ZE1 0EA

5 beds 4 baths Maisonette

Tenure: ask agent

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About this property

Reference - KA0673

Welcome to 20 Law Lane, a spacious five-bedroom maisonette ideally located in the centre of Lerwick. This generously sized property enjoys a convenient setting within walking distance of local schools, including Anderson High School and Bells Brae Primary School. It's also just a short walk to Commercial Street, which offers a wide range of amenities such as shops, cafés, and restaurants. Nearby, you’ll also find local stores like Alex Morrison’s and Bolts Minimarket, as well as larger supermarkets including Tesco and the Co-operative.

Key features

Reference - KA0673
Maisonette
Five Bedrooms
Four Bathrooms
Spacious Lounge
Central Location
District Heating
Built 1880
Excellent Condition
Utility Room

Floorplan

Location

20 Law Lane, Lerwick, Shetland, ZE1 0EA

Open map Street View

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

Mortgage and LBTT

Property price £330,000

£165k £495k

Deposit10% £33,000

£0 £330k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £297,000 mortgage. Most lenders would want a household income of about £66,000 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.