1/5 Rankeillor Street, Newington, EH8 9JA
By Deans Properties
£ 350,000
Reviews
2 out of 5 stars
Deans Properties says ..
Fixed Price - £40k below HR Valuation. This spacious third/top floor flat forms part of a traditional tenement in Newington, close to Edinburgh University, an abundance of convenient amenities and public transport links. The city centre is easily accessible and there is lovely outdoor space nearb...
Property Oracle says ..
This 4-bedroom, 1-bathroom flat located in Newington, Edinburgh, presents a mixed bag of features. Situated in the desirable Newington area, it benefits from good access to city centre amenities, public transport, and Edinburgh University, which makes it an attractive prospect for students and young professionals. The flat is within a traditional tenement building, offering a sense of character and charm, and some rooms benefit from large windows providing ample natural light. However, the provided photographs reveal that the property requires modernisation. The kitchen and bathroom show signs of wear and tear, indicating the need for upgrades, and the walls and carpets throughout appear dated. While the large rooms provide potential for modern living, significant investment will be required to transform the property into a contemporary home. The flat itself has no outdoor space, which may be a drawback for buyers who seek a garden or outside area. The price point, while potentially attractive when considering its valuation, should be weighed against the necessary renovation costs. Overall, this property represents a potential investment opportunity for buyers willing to commit to renovations and are attracted to the location’s benefits.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 947.01
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
- 500,833.00 £Increased by 14.23 %
- Est sale value
- 566,311.98 £Increased by 90.45 %
- Average area rental value
- 2,059.00 £/moIncreased by 4.04 %
- Est letting value
- 1,894.02 £/moIncreased by 100.00 %
- Est rental Yield
- 4.93 %Decreased by 9.04 %
- Crime Rate
- 0.00 %
Agent Activity
Deans Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Merchiston Castle School | Offshore Schools | 8.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hardwell Close | £ 0 | 0 | 0.00 KM |
| The Old Printworks | £ 500,000 | 0 | 0.00 KM |
| Hermits Croft | £ 375,000 | 0 | 0.00 KM |
| Davie Street | £ 0 | 0 | 0.00 KM |
| Buccleuch Place Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Edinburgh | 9328 | EDB | 1.38 KM |
| Haymarket | 9419 | HYM | 4.19 KM |
| Slateford | 9236 | SLA | 7.15 KM |
| Brunstane | 8807 | BSU | 8.82 KM |
| Kingsknowe | 9217 | KGE | 9.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 1/5 Rankeillor Street, Newington, EH8 9JA | £ 350,000 | BUY | 5 / 10 | 0.00 KM |
| 5, Montague Street, Newington, Edinburgh, EH8 9QT | £ 350,000 | BUY | Unknown | 0.06 KM |
| 10 (1F2) Montague Street, Newington, Edinburgh, EH8 | £ 320,000 | BUY | 6 / 10 | 0.07 KM |
| 2/2 Montague Street, Edinburgh, EH8 9QU | £ 270,000 | BUY | 6 / 10 | 0.08 KM |
| Rankeillor Street, Newington, Edinburgh, EH8 | £ 410,000 | BUY | Unknown | 0.11 KM |