3A Market Street, Musselburgh, EH21 6PS

McEwan Fraser is delighted to offer a ¼ share in this fantastic two-bedroom ground-floor flat located on Market Street by the banks of the River Esk. The Old Bridge over the river is mere moments away and Musselburgh High Street is easily accessible by foot. The property has two generous bedrooms, a bathroom, a living room, and a separate kitchen. Further benefits include double glazing and resident parking.

The accommodation is focused on the living room, which is bright, neutrally decorated, and finished with laminate flooring. There is plenty of space for a variety of different furniture arrangements and a new owner will have plenty of flexibility to create their ideal entertaining space.

The kitchen is accessed from the living room and enjoys a full range of contemporary base and wall-mounted units that are set against a tiled splash-back. There is plenty of prep and storage space for the most dedicated of home cooks.

Bedroom one is the larger of the two bedrooms and is currently utilised as a home office. It has plenty of space for a full suite of bedroom furniture. Bedroom two is a further well-proportioned double. Both bedrooms are bright, neutrally decorated, and enjoy integrated wardrobe space. The bathroom is partially tiled and has a three-piece suite with a shower over the bath. There is a handy storage cupboard in the hall.

The property offers fantastic value for money and early viewing is highly recommended. Quarter share flats of this standard are rare.

Electricity Supply: Octopus energy
Water Supply: Scottish water
Sewerage: Local authority
Broadband / Mobile Coverage: Virgin media, Partial 5G coverage

N.B. The remaining 75% share of the property is owned by Castle Rock Edinvar Housing Association. Any new purchaser must meet the eligibility criteria for Shared Ownership and will be required to undergo a financial assessment and approval by the Association. At the time of writing, a monthly occupancy payment of £255.63 is payable to the Association.

In addition to this there is a variable quarterly payment to the Property Factor to cover the upkeep of the communal areas.

Applicants for shared ownership will be considered subject to meeting the following criteria:

Applicants should be first time buyers or an existing home owner who has had a change of circumstances which means they have to move from their current home
Applicants should have sufficient income to allow them to pay an occupancy charge without the need to apply for Housing Benefit or Universal Credit.
Applicants should normally have a regular income, although applicants without a regular income but with access to other funds will be considered
Applicants should have a gross household income not normally higher than £45,443 per year when buying in Edinburgh or £36,000 when buying in Mid, East or West Lothian areas
Applicants should have sufficient net income to pay a monthly occupancy charge, a mortgage (if this is being used to purchase the share), factoring fees (where the property is factored), council tax and other household costs.
Applicants should not have sufficient income and/or savings to meet the full cost of an outright purchase.
Applicants will intend to use the property as their only home.

Full guidance and an application form are available on request.