Flat for sale in Stanwell Street, Leith, Edinburgh EH6

Golden share

McEwan Fraser is delighted to present this two-bedroom ground-floor flat that forms part of Edinburgh City Council's Golden Share scheme. The property is offered to the market with a fixed price of 80% of the home report value and the buyer must meet the criteria for and be approved by the council. Purchasers must demonstrate that they are eligible and provide the necessary evidence to the City of Edinburgh Council to fund a Golden Share home, for example, evidence of a local connection or an inability to finance the purchase of the full market value of the property.

Golden Share is an affordable housing scheme which widens access to home ownership for individuals and families on low to average incomes. It is available to applicants who meet the eligibility criteria and can demonstrate affordable housing need. Golden Share homes have a simple price cap – you own 100% of the property but its price is capped at 80% of the open market value on first sale and all subsequent resales. This means that you will purchase the home at 80% of the current market value and you would have to sell it at 80% of market value when you come to sell in the future.

The accommodation is focused on a generous living room that has plenty of space for a large suite and supporting furniture. The space on offer gives plenty of flexibility for a new owner to create their ideal entertaining space. The separate kitchen has a good range of base and wall-mounted units that offer plenty of prep and storage space. A gas hob and an electric oven are integrated. Further space is provided for freestanding appliances.

Bedroom one is an ample double with an integrated wardrobe, space for supporting furniture, and also benefits from a partially tiled en-suite shower room. Bedroom two is a further double bedroom with integrated storage. Accommodation is completed by the bathroom which has a three-piece white suite and partial tiling.

Further benefits include gas central heating, double glazing, a secure entry system, and communal grounds.

Electricity Supply: Octopus
Water Supply: Scottish Water
Sewerage: Scottish Water
Broadband / Mobile Coverage: Now, 5G

By appointment through McEwan Fraser Legal on Edinburgh McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.