1/5 Rankeillor Street, Newington, EH8 9JA
DE

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 %
from 438,440.00 £
Est sale value
566,311.98 £
Increased by 90.45 %
from 297,361.14 £
Average area rental value
2,059.00 £/mo
Increased by 4.04 %
from 1,979.00 £/mo
Est letting value
1,894.02 £/mo
Increased by 100.00 %
from 947.01 £/mo
Est rental Yield
4.93 %
Decreased by 9.04 %
from 5.42 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Deans Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools8.74 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hardwell Close £ 000.00 KM
The Old Printworks £ 500,00000.00 KM
Hermits Croft £ 375,00000.00 KM
Davie Street £ 000.00 KM
Buccleuch Place Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB1.38 KM
Haymarket9419HYM4.19 KM
Slateford9236SLA7.15 KM
Brunstane8807BSU8.82 KM
Kingsknowe9217KGE9.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
1/5 Rankeillor Street, Newington, EH8 9JA £ 350,000BUY5 / 100.00 KM
5, Montague Street, Newington, Edinburgh, EH8 9QT £ 350,000BUYUnknown0.06 KM
10 (1F2) Montague Street, Newington, Edinburgh, EH8 £ 320,000BUY6 / 100.07 KM
2/2 Montague Street, Edinburgh, EH8 9QU £ 270,000BUY6 / 100.08 KM
Rankeillor Street, Newington, Edinburgh, EH8 £ 410,000BUYUnknown0.11 KM