McEwan Fraser Legal says ..

Property Oracle says ..

The property is a 1-bedroom flat located at 3F2 7 Elliot Street, Edinburgh, EH7 5LX. It is listed at £150,000 and has a size of 441.32 sqft. The average price per sqft in the area is £346.00, and the average property price is £276,426. The property includes a small shared garden.

The property appears to be in good condition, having been recently decorated with neutral colours. The kitchen and bathroom appear modern and well-maintained. There is a fireplace in the living room, adding a traditional feature.

While the property is a flat and therefore lacks significant land, the shared garden area provides some outdoor space. The location in Leith Walk offers proximity to local amenities and transportation links, although specific details about schools and other points of interest are not provided.

Considering the property’s condition, the relatively small size (441.32 sqft), the shared garden, and its location in Edinburgh, the list price of £150,000 appears to be relatively reasonable compared to the average price per sqft in the area. However, it is significantly below the average property price, which may suggest that the smaller size and lack of private outdoor space are reflected in the pricing. Further analysis of comparable properties in the immediate vicinity would be beneficial to confirm this 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. *

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