8 Glentress Apartments, Melrose
By James Agent
£ 175,000
Reviews
3 out of 5 stars
James Agent says ..
We are delighted to bring to the market this beautifully presented, spacious 2 bedroom first floor apartment located in a much sought-after private residential development. Close to the many amenities of the town and surrounded by communal park land, the property is tucked at the foot of the icon...
Property Oracle says ..
This property is a well-presented, modern two-bedroom apartment located in Melrose, Scottish Borders. The apartment benefits from a modern kitchen and bathroom, and is in good condition throughout. While the plot size is small, there is access to communal grounds. The location is convenient, with rail links to Tweedbank and Galashiels nearby. The price of £175,000 seems reasonable when compared to the average price per square foot in the area, although it is slightly below the overall average price for the area. More information on the specific location and comparable properties would allow for a more precise assessment.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 866.49
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
- 376,133.00 £Increased by 50.19 %
- Est sale value
- 552,820.62 £Increased by 131.16 %
- Average area rental value
- 1,250.00 £/moIncreased by 20.42 %
- Est letting value
- 1,732.98 £/moIncreased by 100.00 %
- Est rental Yield
- 3.99 %Decreased by 19.72 %
- Crime Rate
- 0.00 %
Agent Activity
James Agent created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dingleton Loan | £ 0 | 0 | 0.00 KM |
| Saint Dunstan's Park | £ 170,000 | 0 | 0.00 KM |
| Fordel Gardens | £ 475,000 | 0 | 0.00 KM |
| Wester Road | £ 0 | 0 | 0.00 KM |
| St. Mary's Road | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Tweedbank | 9500 | TWB | 3.83 KM |
| Galashiels | 9329 | GAL | 9.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chiefswood Road, Melrose, Scottish Borders | £ 175,000 | BUY | 7 / 10 | 0.09 KM |
| 1 Lower Court, Chiefswood Road, Melrose | £ 230,000 | BUY | Unknown | 0.10 KM |
| Chiefswood Road, Melrose, Scottish Borders | £ 145,000 | BUY | 7 / 10 | 0.12 KM |
| Fairways, Melrose | £ 280,000 | BUY | 7 / 10 | 0.15 KM |
| 12a, Dingleton Apartments, Chiefswood Road, Melrose, TD6 9HJ | £ 260,000 | BUY | 7 / 10 | 0.18 KM |