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1 bed flat for sale

£107,800 Fixed price

Mayfield Road, 14-15 Braefoot Terrace, Edinburgh EH16

1 1
Interested in this property? Call +44 161 937 0474 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Newly build
  • Studios
  • From £ 107,800
  • 2 year guarantee at 7 .5 % net
  • From 18m2 to 22m2
  • 10 year crl build warranty.
  • Ground Rent: Nil
  • Construction Begins: Q1 2017
  • Dec 2018
  • 50% exchange deposit, 25% instalment 3 months after exchange and 25% on pr actical completion

Property description

Braefoot House Fact Sheet

Project Name: Braefoot House

Build Type: New build

Address: 234 Mayfield Road and 14-15 Braefoot Terrace, EH16 6AA

Unit Types: Studios

Number of Units: 172 in two phases –83 in first block and 89 in second block

Price: From £ 107,800

Assurance/Guarantee: 2 year guarantee at 7.5% net

Sizes: From 18m2 to 22m2

Parking: No – parking ample in the location with on street available

Facilities: Lounge/Cinema/Games Room, Reception, Office, Apple/Computer Rooms at each level, 100% cycle storage, Laundry, Landscaped gardens overlooking.

Furnishing: Included

Leasehold: Freehold

Build Warranty: Crl 10 year

Ground Rent: Nil

Management: £1350

Service Charge: Incl above

Construction Begins: Q1 2017

Completion Date: Q4 2017

Long Stop Date: 31 Dec 2018

Payment Plan: 50% exchange deposit, 25% instalment 3 months after exchange and 25% on practical completion

Additional Location Info: Next door to the University of Edinburgh Kings Campus entrance

Summary of Project: A very high design new build block of studio apartments. Location is in an affluent suburb of Edinburgh and adjacent to the Edinburgh Universities Engineering and Science Campus – Kings Campus. Free University shuttle buses run from Kings Campus (200 yds away) to the city centre which is only 1.5 miles away.

Braefoot House comprises 83 fully furnished,

purpose built, studio apartments, sited adjacent

to the University of Edinburgh King’s Buildings

Campus. The second phase of development will

deliver a further 83 apartments within an additional

block.

Superior Design

The key focus for this build was to create high end design, both externally and internally, whilst

ensuring that the accommodation was both comfortable and practical for student living; and

this is exactly what has been achieved.

The impressive stone and glass exterior is a welcome addition to this suburb’s landscape, and

is just the start of the outstanding design that sweeps through the development.

On entering the building there is a modern reception area set upon high gloss floors, and the

superior quality finish and attention to detail here sets the tone for the rest of the building.

Internally, each apartment provides comfortable living accommodation and well-designed

study areas, as well as a fully equipped kitchenette and a contemporary bathroom suite.

Braefoot House is set within an affluent suburb of

Edinburgh, just 1.5 miles south of the City’s centre

Close to the picturesque Inch Park, the medieval Craigmillar Castle and two

beautiful golf courses, residents can’t help but be impressed by the

historic buildings and stunning green spaces that surround the

development.

However, the most appealing feature when it comes to

location is the fact that Braefoot House is perfectly sited

for students attending the University of Edinburgh.

This is especially true for those students within the

University’s Engineering and Science Campus (King’s

Buildings Campus), which is just a 5 minute walk

from Braefoot House. The close proximity to this

campus makes this accommodation highly desirable

for those students based at the King’s Building.


Students in edinburgh


The University of Edinburgh is ranked within the

top 20 universities in the world, and its excellent

reputation means it is an extremely popular choice

for students, with in excess of 35,000 students

currently studying there.

Edinburgh as a city also acts as a great pull for students as there really is something for

everyone; from its enviable nightlife, to its beautiful architecture, visitors and residents alike can

always find something to intrigue and excite them within the region.

The City centre also boasts a large array of shops, restaurants, cafes and leisure facilities, and of

course, it is also the home of the Fringe Festival, the world’s largest international arts festival.


The opportunity


The construction of this development will commence in Q1 2017 with a completion date of Q4 2017.

On completion there will be 83 high end studio apartments, each with a net size of between 18m2

and 22m2. These studios will be sold fully furnished, and all of them will be equipped with high

quality fixtures and fittings. Additionally, for peace of mind, as a brand new development the entire

building will be covered with a 10 year crl build warranty.

Each of these luxury studio apartments will be sold on a freehold basis, and as a result buyers can

benefit from the fact that there will be no annual ground rent charged.


Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £229,026 Sales 532 Current average value £236,534 (Zoopla Zed-Index) Value change £13,435 ▲ 6.02%

Property value data/graphs for EH16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £412,631 £263 3.6 £401,200
Semi-detached £314,772 £258 3.2 £257,705
Terraced £226,830 £227 2.9 £218,891
Flats £180,775 £253 2.1 £160,827

Current asking prices in EH16

Average: £227,284
Avg. current asking prices in EH16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £105,000
(1)
£166,757
(13)
£252,074
(14)
£293,762
(14)
£490,000
(4)
Flats £107,560
(5)
£170,642
(14)
£217,998
(3)
- -
All £107,133
(6)
£168,772
(27)
£246,061
(17)
£293,762
(14)
£490,000
(4)

Current asking rents in EH16

Average: £1,955 pcm
Avg. current asking prices in EH16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,073 pcm
(2)
£1,237 pcm
(2)
- £7,748 pcm
(1)
Flats £780 pcm
(2)
£898 pcm
(7)
£1,328 pcm
(6)
£2,763 pcm
(11)
£2,399 pcm
(2)
All £780 pcm
(2)
£936 pcm
(9)
£1,305 pcm
(8)
£2,763 pcm
(11)
£4,182 pcm
(3)

Fun facts for EH16

Highest value in EH16
Highest value streets Zed-Index
Gordon Terrace £879,324
Wilton Road £821,806
Gilmour Road £798,971
Hallhead Road £712,566
Kilmaurs Terrace £702,405
Highest turnover in EH16
Highest turnover streets Turnover
Talla Street 105.3%
Coulter Crescent 100.0%
Portmore Drive 95.5%
Hammond Place 93.8%
Thorters Place 90.0%

What Zoopla users think of Edinburgh

Overall rating:

  • currently 4 stars
Very good - 84% (797 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Edinburgh:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Edinburgh (2.4 miles)
  • Haymarket (2.6 miles)
  • Slateford (3.0 miles)
  • Edinburgh Airport (7.8 miles)
  • Glasgow Airport (49.2 miles)
  • Glasgow Prestwick Airport (62.1 miles)
  • Leith Newhaven Harbour Ferry Landing (4.4 miles)
  • Inchcolm Island Ferry Landing (9.2 miles)
  • South Queensferry Ferry Landing (9.8 miles)

Nearby schools

View all schools in Edinburgh
  • Edinburgh Montessori Arts School (0.1 miles)
  • Liberton Primary School (0.2 miles)
  • St John Vianney Primary (0.4 miles)
  • Dunedin School (0.3 miles)
  • Liberton High School (0.7 miles)
  • Gracemount High School (1.1 miles)
  • Royal Blind School (0.7 miles)
  • Kaimes School (1.2 miles)
  • The Royal Blind School Canaan Lane Campus (1.5 miles)
Note: Distances are straight line measurements

Local info for Edinburgh

About the neighbours in EH16

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For more information about this property, please contact
Buraq Estates, M14 on +44 161 937 0474 * (local rate)

Monthly running costs Beta

£608 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,780
Repayment term 25
Interest rate 1.5
Your payment £388 /mo How Much Could I Borrow In association with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £10/mo (£121/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £28 Electricity £43 Estimated energy cost £71/mo

Similar properties could save up to £232

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Edinburgh

Estimated tax band B Council tax cost £94 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £26 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Buraq Estates, and do not constitute property particulars. Please contact Buraq Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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