Parliament Square, Edinburgh, Midlothian
By Rettie & Co
£ 500,000
Reviews
3 out of 5 stars
Rettie & Co says ..
A wonderful, Grade A listed, two-bedroom apartment in a beautiful, classic Georgian building immersed amongst the historical architecture and cobbled streets of Edinburgh’s Old Town, adjacent to the beautiful St Giles Cathedral and with immediate access to the City Chambers, the Royal Mile ...
Property Oracle says ..
This property is a 2 bedroom, 1 bathroom apartment located in the City Centre of Edinburgh. The apartment is situated in a period building on Parliament Square, a prime location in the city. The property itself appears to be in excellent condition, having undergone modernisation while retaining some traditional features. The apartment is approximately 1,073 square feet.
The location score is high due to its central location in Edinburgh. Parliament Square is within walking distance of many amenities, including shops, restaurants, and transportation links. The proximity to Edinburgh Waverley train station provides easy access to other parts of Scotland and the UK.
Based on the images, the property is in excellent condition. The interior is modern and well-maintained, with updated fixtures and finishes. There is no evidence of needing any repairs or renovations.
The property does not include a garden or any outdoor space, resulting in a low land score. This is common for city centre apartments.
Considering the average price per square foot in the area is £399, and this property is listed at £500,000, the price seems reasonable. The property is larger than average (1,073 sqft vs 961 sqft average) and is located in a highly desirable area of Edinburgh. The average price for the area is £384,318, significantly lower than the listing price, but this is likely due to the superior location and condition of this particular apartment. The nearby listings show similar properties selling for significantly higher prices, supporting the listed price. The property is a traditional period property that has been modernised, retaining its character charm.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 10
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,072.95
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 %
- Est sale value
- 369,094.80 £Decreased by 6.52 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est letting value
- 1,072.95 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 0.00 %
Agent Activity
Rettie & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Merchiston Castle School | Offshore Schools | 8.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Old Assembly Close | £ 0 | 0 | 0.00 KM |
| Covenant Close | £ 0 | 0 | 0.00 KM |
| Burnet's Close | £ 0 | 0 | 0.00 KM |
| Old Stamp Office Close | £ 0 | 0 | 0.00 KM |
| New Assembly Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Edinburgh | 9328 | EDB | 0.37 KM |
| Haymarket | 9419 | HYM | 3.19 KM |
| Slateford | 9236 | SLA | 6.45 KM |
| Kingsknowe | 9217 | KGE | 8.98 KM |
| Brunstane | 8807 | BSU | 9.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parliament Square, Edinburgh, Midlothian | £ 500,000 | BUY | 7 / 10 | 0.00 KM |
| 1/7 Parliament Square, Old Town, Edinburgh, EH1 1RF | £ 240,000 | BUY | 7 / 10 | 0.03 KM |
| Weston Gait, Gorgie, Edinburgh | £ 545,000 | BUY | 7 / 10 | 0.04 KM |
| 233/1 High Street, Royal Mile, Old Town, Edinburgh, EH1 1PE | £ 235,000 | BUY | 6 / 10 | 0.09 KM |
| Parliament Square, Edinburgh, Midlothian, EH1 | £ 500,000 | BUY | 5 / 10 | 0.11 KM |