Jardine Phillips says ..

Property Oracle says ..

This three-bedroom semi-detached house located at 56 Southhouse Road, EH17 8EU, is currently listed for £115,000. The property is situated in the Liberton/Gilmerton area of Edinburgh, offering proximity to several train stations which provide links to Edinburgh city centre. However, the lack of readily available information on nearby schools is notable. The house itself appears to require significant modernisation and updating. The interior shows several areas requiring renovation or repairs. The kitchen and bathroom look outdated and would likely require refurbishment to meet modern standards. Despite its need for renovation, the property offers potential for a buyer seeking a project, offering three bedrooms and a garden space. This is a considerable plus. The list price is competitive compared to other nearby properties, and although a more detailed analysis of the square footage and accurate comparison of the average prices per sqft would help in a more accurate assessment, the current asking price seems reasonable, taking into account the property’s current condition and need for renovation. The property shows potential value for money, once the necessary improvements are made. Potential buyers should factor in the renovation costs when assessing the overall value. The distance to Edinburgh is also a major factor to consider when evaluating the location. This three bedroom property may be attractive to a first-time buyer or small family looking to put their own mark on a property.

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

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