D J Alexander says ..

Property Oracle says ..

The property is a 2-bedroom flat located in the City Centre of Edinburgh. The location is a significant advantage, being in the desirable New Town area. Proximity to Edinburgh’s city centre offers easy access to amenities, transport links, and cultural attractions. The area is known for its high property values, reflecting its desirability. However, the lack of information regarding the specific proximity to schools, shops, and other amenities prevents a more detailed assessment of the location score. Based on the photographs, the property appears to be in good condition. The interior is modern and well-presented, with a recently renovated kitchen and bathroom. There is no visible evidence of significant repair or renovation needs. The overall impression is one of a well-maintained property. While the plot size is provided (621 sqft), there is no information about the presence of a garden. Therefore, a definitive assessment of the land score cannot be made. The list price of £295,000 is notably lower than the average price of £384,318 for the area. While the average price per sqft is £399, the absence of the property’s sqft makes a direct comparison challenging. Considering the property’s apparent good condition and desirable location, the list price could be considered reasonable, potentially representing good value for money, especially if the property’s actual sqft is smaller than average. However, without the property’s sqft, this remains a tentative assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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