Simpson & Marwick says ..

Property Oracle says ..

The property is located in Marchmont, Edinburgh, a desirable area known for its Victorian and Georgian architecture, proximity to green spaces such as the Meadows, and good transport links to the city centre. The area benefits from a range of amenities including shops, restaurants, and schools. Therefore, the location score is high, reflecting the desirability of the area and its convenient location. Based on the provided images, the property appears to be a period property in need of some modernisation. Whilst the property retains many original features such as cornicing, fireplaces and high ceilings, the decor and furnishings are dated and some areas appear tired. The bathroom appears to be more modern. Therefore, a mid-range condition score is appropriate, acknowledging both the property’s character and its need for updating. The property’s plot size is 1,208 sqft, which is relatively small for a property of this type in Edinburgh. While it may not have a large garden, the location in a desirable area with access to green spaces partially offsets this. A mid-range land score reflects the limited private outdoor space. The list price of £485,000 is slightly above the average price of £480,825 for the area. However, considering the property’s location in a highly sought-after area and its period features, the price may be considered reasonable, especially if the property’s size is taken into account. The average price per sqft in the area is £354.00. The property is slightly above average in terms of price per sqft given its size and location. Therefore, a mid-range price score is given. Further investigation into the specifics of the property and comparable sales would be needed to provide a more definitive 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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