Flat 2, 68 Grassmarket, Edinburgh
BA

Flat 2, 68 Grassmarket, Edinburgh

By Ballantynes

£ 245,000

Reviews

2 out of 5 stars

Ballantynes says ..

A wonderful second floor, one bedroom apartment situated centrally on the world famous Grassmarket, in the heart of the capital's Old Town. An ideal first property, pied-à-terre or long-term investment given it's location.

Property Oracle says ..

This one-bedroom flat located at Flat 2, 68 Grassmarket, Edinburgh, offers a prime position in the heart of Edinburgh’s Old Town. The Grassmarket is a vibrant area with a lively atmosphere, boasting a mix of shops, bars and restaurants. The property benefits from the convenience of its central location, with Edinburgh Waverley train station being relatively close. The flat itself appears to be in good order, though the finishes are relatively simple. Photos suggest a functional layout including a living area, dining area, bedroom, and bathroom. The lack of any external space such as a garden or balcony is a noteworthy aspect that may deter some buyers. Whilst the asking price seems reasonable compared to others in the area, careful comparison with similar properties on the market should be undertaken to fully assess its value. The area’s desirability and its position in Edinburgh’s historic heart are key features driving potential investment value. Buyers seeking a central city location would find the property convenient for accessing local attractions, amenities, and transportation networks.

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
6
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
482.01

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
322,952.00 £
Decreased by 27.89 %
from 447,880.00 £
Est sale value
165,811.44 £
Decreased by 6.52 %
from 177,379.68 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
482.01 £/mo
Unchanged by 0.00 %
from 482.01 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Ballantynes created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools7.58 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mound Place £ 645,00000.00 KM
Mid Entry £ 000.00 KM
Victoria Terrace £ 000.00 KM
Inglis Court £ 000.00 KM
Hanover Street £ 349,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB0.93 KM
Haymarket9419HYM2.56 KM
Slateford9236SLA5.82 KM
Kingsknowe9217KGE8.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 2, 68 Grassmarket, Edinburgh £ 245,000BUY5 / 100.00 KM
97/7 West Bow, Old Town, Edinburgh, EH1 2JP £ 259,000BUY6 / 100.08 KM
7/9 Johnston Terrace, Edinburgh, EH1 2PW £ 230,000BUY6 / 100.08 KM
Castle Wynd South, Edinburgh, Midlothian £ 210,000BUY6 / 100.12 KM
Upper Bow, Old Town, Edinburgh £ 195,000BUY6 / 100.18 KM