Nelson Street, New Town, Edinburgh, EH3
SA

Nelson Street, New Town, Edinburgh, EH3

By Savills

£ 1,295,000

Reviews

3 out of 5 stars

Savills says ..

Immaculately presented and fully restored ground and first floor main door townhouse with elegant proportions and features, set in the central New Town

Property Oracle says ..

The property is located on Nelson Street in Edinburgh’s New Town, a highly desirable area known for its Georgian architecture and proximity to the city centre. The area benefits from excellent transport links, with Edinburgh Waverley train station approximately 1.01km away. While specific amenities like shops and schools aren’t detailed in the provided information, the New Town’s reputation suggests easy access to such facilities. Based on the images, the property appears to be in excellent condition, having undergone a tasteful and high-quality renovation. The interior is modern and well-maintained, showcasing original architectural features blended seamlessly with contemporary design. The property’s size, at 1353.21 sqft, is considerably larger than the average for the area (961 sqft). The list price of £1,295,000 is significantly higher than the average price of £384,318 for the area. However, considering the property’s superior size, condition, and prime location in the New Town, the price may be justifiable, though a detailed comparative market analysis of similar properties would be needed to confirm this. The property does not appear to have a significant amount of land, though some small planting is visible at the front of the property.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
10
Land
3
Bedrooms
4
Bathrooms
3
Sqft (est)
1,353.21
Lot (est)
2,452.00

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
465,504.24 £
Decreased by 6.52 %
from 497,981.28 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
1,353.21 £/mo
Unchanged by 0.00 %
from 1,353.21 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools8.10 KM

Images

Front Exterior Sitting Room Dining Kitchen Reception Hall Principal Bedroom Double Bedroom Double Bedroom Bedroom Family Bathroom Picture No. 14 Plasterwork View Entrance Vestibule Principal En Suite Front Door

Nearby Streets

NameAverage PriceAverage SqftDistance
Nelson Place £ 000.00 KM
Thistle Street North East Lane £ 000.00 KM
North St Andrew Street £ 000.00 KM
East Scotland Street Lane £ 612,50000.00 KM
Summerbank £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB1.01 KM
Haymarket9419HYM2.77 KM
Slateford9236SLA6.23 KM
Kingsknowe9217KGE8.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nelson Street, New Town, Edinburgh, EH3 £ 1,295,000BUY7 / 100.00 KM
Nelson Street, Edinburgh, EH3 £ 925,000BUY6 / 100.01 KM
Northumberland Place, Edinburgh £ 425,000BUY7 / 100.04 KM
Abercromby Place, New Town, Edinburgh, EH3 £ 450,000BUY6 / 100.06 KM
21a Abercromby Place, New Town, Edinburgh, EH3 £ 600,000BUY8 / 100.06 KM