451/8 Lawnmarket, Old Town, Edinburgh, EH1 2NX
GI

451/8 Lawnmarket, Old Town, Edinburgh, EH1 2NX

By Gillespie MacAndrew

£ 320,000

Reviews

2 out of 5 stars

Gillespie MacAndrew says ..

A spacious third floor flat set right in the heart of Edinburgh’s Old Town, in the shadows of Edinburgh Castle and situated on the historic Royal Mile. The property would be an excellent investment opportunity and could be used as a two bedroom property and is perfectly positioned for all of Edi...

Property Oracle says ..

This 2-bedroom, 1-bathroom flat is situated at 4518 Lawnmarket in Edinburgh’s Old Town, a highly sought-after location. The property boasts a central position offering convenient access to Edinburgh Waverley train station and numerous city center attractions, shops, and restaurants. The interior shows a functional layout with a living area featuring a fireplace and adequate natural light through its windows. The kitchen and bathroom appear to be in reasonable condition but may benefit from some modernisation. While the property provides sufficient living space, it’s important to note the absence of a garden or any significant outdoor space which is a common characteristic of properties in the Old Town. The provided data lacks details to fully determine the price per square foot for this property which would provide a definitive picture of value for money and its comparison to other similar properties in the area. The photos suggest an adequate interior, but further information on the state of the building’s structure would greatly assist in completing a comprehensive assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
9
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
788.03

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
322,952.00 £
Decreased by 27.89 %
from 447,880.00 £
Est sale value
271,082.32 £
Decreased by 6.52 %
from 289,995.04 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
788.03 £/mo
Unchanged by 0.00 %
from 788.03 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Gillespie MacAndrew created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools7.90 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Terrace £ 000.00 KM
Mid Entry £ 000.00 KM
Mound Place £ 645,00000.00 KM
Old Assembly Close £ 000.00 KM
Covenant Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB0.61 KM
Haymarket9419HYM2.85 KM
Slateford9236SLA6.14 KM
Kingsknowe9217KGE8.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
451/8 Lawnmarket, Old Town, Edinburgh, EH1 2NX £ 320,000BUY5 / 100.00 KM
Victoria Street, Liverpool, Merseyside, L1 £ 110,000BUY5 / 100.08 KM
Upper Bow, Edinburgh, EH1 £ 165,000BUYUnknown0.12 KM
North Bank Street , , Edinburgh £ 370,000BUY5 / 100.12 KM
James Court, Hemsworth, Pontefract, WF9 £ 60,000BUY5 / 100.13 KM