D J Alexander says ..

Property Oracle says ..

This property is a 3-bedroom, 2-bathroom flat located in the City Centre of Edinburgh. The flat is 1,110.84 sqft and is listed at £450,000. The average price for properties in the area is £384,318, with an average price per sqft of £399. This flat is slightly above average in size, at 1,110.84 sqft compared to the average of 961 sqft.

The location is excellent, being in the Old Town area of Edinburgh city centre. This offers easy access to numerous amenities, including shops, restaurants, and transportation links. The proximity to Edinburgh Waverley train station (0.63 KM) is a significant advantage.

Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathrooms. There is no evidence of significant wear and tear or the need for renovations.

The property does not appear to include any outdoor space or garden, as the plot size is listed as 0.00 sqft.

Considering the property’s location in the desirable Old Town area, its modern condition, and the above-average size, the list price of £450,000 seems reasonable, although slightly higher than the average price for the area. The higher price point is likely justified by the desirable location and the modern condition of the flat.

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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