Macpherson Property says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom cottage located in Gattonside, Melrose, Scottish Borders. The list price is £275,000.

The cottage appears to be in good condition, well maintained and presented. The interior is traditional in style with some modern updates to the kitchen and bathrooms. There is a small garden to the rear of the property.

Gattonside is a desirable village location close to Melrose, offering a peaceful yet convenient location. The proximity to Tweedbank train station provides good transport links. However, information on local schooling is not available.

Considering the average price per square foot in the area is £295, and this property is 778.02 sqft, a fair market value would be approximately £229,200. The list price of £275,000 is therefore higher than the estimated market value based on the average price per sqft. However, additional factors such as the property’s condition and location could justify a higher price. More information on comparable properties would be needed to confirm whether the list price represents good value.

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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