Umega says ..

Property Oracle says ..

The property is located in the Morningside area of Edinburgh, a desirable location known for its affluent atmosphere, proximity to green spaces, and excellent transport links. The nearby Haymarket train station offers convenient access to the city centre and beyond. While specific school details are limited, the presence of Merchiston Castle School within a reasonable distance suggests access to quality education options. The area also boasts a variety of local amenities, including shops, restaurants, and cafes, as evidenced by the provided images of local businesses. This contributes to a high quality of life and makes the location highly desirable.

Based on the provided images, the property appears to be a period property, retaining many original features such as ornate cornicing and fireplaces. While the property shows signs of age, it does not appear to be in a state of disrepair. The images suggest the property has been recently decorated, with fresh paintwork and new flooring in some areas. However, the bathroom appears to be in need of some updating. Overall, the condition of the property is reasonable, although some modernisation may be desirable in certain areas.

The images do not provide clear evidence of a private garden associated with the property. Therefore, it is difficult to assess the amount of land associated with the property.

The list price of £340,000 is below the average price for the area (£480,825). However, the lack of square footage information for the subject property makes a direct price per square foot comparison impossible. Considering the average price per square foot in the area (£354), and the fact that the property is a period property requiring some modernisation, the list price could be considered reasonable, particularly if the property’s square footage is on the smaller side of the average for the area. Further, comparable properties in the area have sold for similar prices, supporting the reasonableness of the list price.

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

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