Kinleith Mill, Currie

An idyllic, tree-lined development by the Water of Leith, featuring a wide selection of distinctive 3, 4 & 5 bedroom homes and apartments new to the CALA portfolio.

Our three showhomes are unique to Kinleith Mill - visit us today to picture life at this stunning and distinctive development.

Qualification criteria applies for our Golden Share apartments, 2 bedroom apartments are priced £185,000. Prices of our family homes start at £425,000.



Location: Off Blinkbonny Road from Lanark Road West, Currie, Edinburgh, EH14 6AE
Current Prices From £185,000 - £480,000

Golden Share apartments now available Part Exchange available* Ideal location

Kinleith Mill, Currie
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Plot 62
Plot 62 - GOLDEN SHARE HOME - Inveresk Apartments - 2 Bedroom Apartment

£185,000

Floor plan and specifications

This apartment is a 'Golden Share' home. This means that the asking price you need to pay on day one to buy your share is capped at an affordable level.

The property has a simple price cap - you own 100% of the property but its price is capped at 80% of market value on first sale and all subsequent resales.

This means it is marketed at 80% of market value to you now, and you would have to sell it at 80% of market value when you come to sell it in the future.

IT IS NOT SHARED EQUITY

No-one owns the other 20% of value - you own 100% of the property yet pay just 80% of the market value, and the other 20% of the market price is simply written off (within the title deeds) and you cannot buy it out.

TO BE ELIGIBLE TO PURCHASE ONE OF THESE PROPERTIES

You must be a person with a connection with the Lothians either through employment, family or cultural networks, and be able to evidence that the open market value of the property was not affordable to you (see below for what you would need to provide).

 - You must reside in the apartment as your permanent home. Letting or sub-letting the property is not permitted.

 - The maximum residual savings you have after the purchase and furnish of the property should not exceed £6,000.

It's really straightforward to evidence all of that - you would just need to present a form of ID (a passport for example), a utility bill with your address on it, your last 3 payslips (or income source) and last 3 monthly bank statements. In some cases further information may be required. Evidence of not being able to afford the full market vallue may be provided in a number of forms, the most common being from a mortgage lender stipulating the maximum borrowing you would be permitted.

If you are interested in these homes, or for further information, please contact our Sales Advisors today.

 

Plot 62 is a stylish and spacious 2 bedroom apartment with a good-sized, open-plan kitchen and lounge/dining area, two bedrooms, master en-suite, and a well-equipped bathroom.

 

 

View on Site plan

Plot 62

similar properties

More 2 bedroom properties currently available at Kinleith Mill

Type Plot No. Price
Plot 64 - GOLDEN SHARE HOME - Inveresk Apartments 64 £185,000 View
Plot 65 - GOLDEN SHARE HOME - Inveresk Apartments 65 £185,000 View
Plot 67 - GOLDEN SHARE APARTMENT - Inveresk Apartments 67 £185,000 View
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