Lanark Road, Edinburgh, Edinburgh, EH14
MA

Lanark Road, Edinburgh, Edinburgh, EH14

By Matt Morrison Property Group

£ 170,000

Reviews

1 out of 5 stars

Matt Morrison Property Group says ..

Rare opportunity to convert in to a residential property comprising 2 bedrooms, open plan kitchen / lounge and bathroom. A MUST SEE, call NOW to arrange your viewing 7 DAYS A WEEK.

Property Oracle says ..

The property is located in Lanark Road, Edinburgh, EH14 2LQ. It’s a semi-detached property with 1 bathroom and 2 bedrooms. The list price is £170,000.

The property appears to be in need of significant renovation. The exterior shows signs of wear and tear, and the provided images suggest a tired and worn state. The small rear garden is paved and appears neglected.

While the location in Edinburgh is generally desirable, the specific area’s desirability requires further investigation. Proximity to transportation links (Kingsknowe ScotRail station is 0.73km away) and schools (Merchiston Castle School is 0.89km away) are positive factors, but the overall desirability of the immediate neighborhood needs more context. The provided average house prices in the area (£315,712) and average price per sqft (£386) are significantly higher than the list price of this property. However, this is likely due to the condition and size of the property in question. Nearby properties are significantly more expensive, suggesting that the area commands high prices for properties in good condition.

Given the property’s condition, the small size (exact measurements are not provided), and the need for substantial refurbishment, the list price of £170,000 might be considered reasonable, but only if the buyer is prepared to undertake significant refurbishment. The lack of information on the property’s square footage prevents a more precise evaluation of the price per square foot. The discrepancy between the list price and average prices in the area should be carefully considered by potential buyers.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
6
Land
2
Bedrooms
2
Bathrooms
1

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
232,000.00 £
Decreased by 29.04 %
from 326,925.00 £
Average area rental value
1,731.00 £/mo
Increased by 18.64 %
from 1,459.00 £/mo
Est rental Yield
8.95 %
Increased by 66.98 %
from 5.36 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Matt Morrison Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools0.89 KM
Cargilfield SchoolOffshore Schools7.59 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hailes Park £ 000.00 KM
Kingsknowe Drive £ 000.00 KM
Spylaw House £ 000.00 KM
Dovecot Grove £ 000.00 KM
Peatville Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kingsknowe9217KGE0.73 KM
Slateford9236SLA2.50 KM
Wester Hailes9231WTA2.52 KM
South Gyle9318SGL4.92 KM
Edinburgh Park9395EDP5.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lanark Road, Edinburgh, Edinburgh, EH14 £ 170,000BUY3 / 100.00 KM
25 Hailes Avenue, Edinburgh, EH13 0LZ £ 300,000BUY8 / 100.13 KM
318 Lanark Road, Kingsknowe, Edinburgh, EH14 2LJ £ 500,000BUYUnknown0.17 KM
4 Hailes Avenue, Edinburgh, EH13 0NA £ 515,000BUY8 / 100.19 KM
Hailes Terrace, Edinburgh, EH13 £ 275,000BUY6 / 100.19 KM