35/2 George IV Bridge, Old Town, Edinburgh, EH1 1EL
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35/2 George IV Bridge, Old Town, Edinburgh, EH1 1EL

By McEwan Fraser Legal

£ 375,000

Reviews

2 out of 5 stars

McEwan Fraser Legal says ..

Generously Proportioned Three Bed Flat in Edinburgh's Popular Old Town

Property Oracle says ..

This three-bedroom flat is situated in Edinburgh’s Old Town, a prestigious and historically rich area. The location offers easy access to Edinburgh Waverley train station, enhancing its appeal for commuters and those seeking convenient transport links. The property’s proximity to a variety of amenities, including shops and restaurants, adds to its attractiveness. The interior photos, while virtually staged, suggest a modern and potentially well-maintained space. However, a physical inspection is crucial to evaluate the true condition and identify any potential issues. The absence of a garden or outdoor space is a notable drawback, common for flats in this area. The asking price of £375,000 requires further analysis, comparing it to similar properties in the area and taking into account the condition, size, and lack of outdoor space. Overall, this property presents a compelling opportunity for buyers seeking a centrally located flat in a desirable area of Edinburgh, but a thorough inspection is essential before making a purchase decision.

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
3
Bathrooms
1
Sqft (est)
990.28

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
340,656.32 £
Decreased by 6.52 %
from 364,423.04 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
990.28 £/mo
Unchanged by 0.00 %
from 990.28 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McEwan Fraser Legal created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools7.96 KM

Images

MFL2224221_587.jpg MFL2224221_270.jpg MFL2224221_404.jpg MFL2224221_774.jpg MFL2224221_945.jpg MFL2224221_004.jpg MFL2224221_241.jpg MFL2224221_536.jpeg MFL2224221_765.jpg MFL2224221_503.jpg MFL2224221_779.jpg MFL2224221_682.jpg MFL2224221_751.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Bristo Port £ 000.00 KM
Victoria Terrace £ 000.00 KM
Old Assembly Close £ 000.00 KM
Covenant Close £ 000.00 KM
Burnet's Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB0.64 KM
Haymarket9419HYM3.03 KM
Slateford9236SLA6.23 KM
Kingsknowe9217KGE8.77 KM
Brunstane8807BSU9.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
35/2 George IV Bridge, Old Town, Edinburgh, EH1 1EL £ 375,000BUY5 / 100.00 KM
31B/1 Chambers Street, Old Town, Edinburgh, EH1 £ 450,000BUY7 / 100.03 KM
Merchant Street, Edinburgh, Midlothian, EH1 £ 345,000BUY6 / 100.10 KM
3 2F1 Merchant Street, Edinburgh, EH1 2QD £ 395,000BUY5 / 100.13 KM
Flat 11, 3 Forrest Hill, Edinburgh, EH1 2QL £ 190,000BUY5 / 100.14 KM