D J Alexander says ..

Property Oracle says ..

The property is a 4 bedroom, 2 bathroom flat located on Princes Street in Edinburgh. Princes Street is a prime location in the city centre, known for its shopping, tourist attractions, and proximity to Edinburgh Castle. This contributes to a high location score. The images show a property that has been recently renovated to a high standard. The modern kitchen and bathrooms are in excellent condition, and the decor is contemporary and stylish. This suggests a high condition score. While there’s no explicit mention of a garden, the property being a flat in a city centre location makes a low land score likely. The list price of £640,000 is significantly higher than the average price for the area (£384,318). However, the property’s size (1,077 sq ft) is larger than the average (961 sq ft), and its location in the city centre commands a premium. The average price per sq ft in the area is £399, while this property is listed at approximately £593 per sq ft. Considering the prime location and high-quality renovation, the price, while high, might be justifiable. Therefore, the price score would need to reflect this balance.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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