Sturrock, Armstrong and Thomson says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat with a total area of 505.90 sqft and a list price of £160,000. The property benefits from a small garden area. The photos show the property to be in good condition, with a modern bathroom and kitchen. The living areas appear well-maintained and presented. The average price for properties in the area is £276,426, significantly higher than the list price of this property. However, the average size of properties in the area is 798 sqft, considerably larger than the 505.90 sqft of this property. The average price per sqft in the area is £346. While this property’s price per sqft is not directly calculated, it is likely lower than the average due to its smaller size. The lower price could be justified by the smaller size of the property and the lack of information on the property’s overall condition and features. The location is described as being in Leith Walk. While proximity to transportation links (Edinburgh train station is 2.02km away) is a positive, the lack of information regarding nearby schools and shops makes it difficult to fully assess the location score. The surrounding streets show a mix of property prices, with some significantly higher and others lower than the list price. This suggests some variation in desirability within the immediate vicinity. Considering the property’s smaller size, good condition, and the presence of a garden, alongside the area’s average price and size, the list price of £160,000 appears relatively reasonable, especially when compared to the average price per sqft. However, a more comprehensive understanding of the property’s features and location would be needed for a definitive assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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