Macgregor says ..

Property Oracle says ..

The property is a ground floor flat located on Melville Street in Edinburgh’s city centre. The flat is modern, recently renovated and appears to be in excellent condition. The images show a high standard of fixtures and fittings throughout. The location is excellent, being in the heart of Edinburgh’s city centre, providing easy access to amenities, transport links and places of interest. While the plot size is relatively small at 850 sqft, this is typical for a city centre flat.

The list price of £440,000 is slightly higher than the average price of £384,318 for the area, but considering the property’s modern condition, central location, and the fact that it’s a ground floor flat (often commanding a premium), the price seems reasonable. The average price per sqft in the area is £399, and while the property’s sqft is smaller than the average, the premium location and modern condition justify the price. Nearby comparable properties are limited in the data provided, with sqft information missing, making a precise comparison difficult. However, the available data suggests the property is priced competitively within the market.

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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