Umega says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Merchant Street in Edinburgh’s city centre. The apartment is within easy reach of Edinburgh Waverley train station (0.68km), providing excellent transport links. The location benefits from its proximity to various amenities, including restaurants and shops, as evidenced by the street-level imagery showcasing nearby businesses such as Divino Italian Restaurant & Wine Bar, Merchants Restaurant & Bar, and others. While specific school proximity details are limited, Merchiston Castle School is noted as being 7.88km away. The lack of garden space is noteworthy. Based on the provided images, the apartment appears to be in good condition. The interior features modern fixtures and fittings in the kitchen and bathroom, and the wooden flooring throughout suggests a well-maintained property. There is no visible evidence of wear and tear or the need for significant renovation. The list price of £345,000 is slightly below the average price of £384,318 for the area, but the average square footage is considerably larger (961 sqft compared to 733.02 sqft). Considering the apartment’s location in the city centre, its good condition, and the relatively smaller size, the price seems reasonable, although further comparative analysis with similar properties in the immediate vicinity would strengthen this assessment. The absence of plot size data prevents a more comprehensive land value 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. *

Images