Simpson & Marwick says ..

Property Oracle says ..

This two-bedroom apartment at Flat 2, 4 Advocates Close, in Edinburgh’s Old Town, presents a unique opportunity for buyers seeking a property steeped in history and situated in a prime location. The apartment’s address is directly within the historic heart of the city, offering unparalleled access to Edinburgh’s many cultural attractions, vibrant nightlife, and excellent shopping. The walkability of this area is significant. Edinburgh Waverley train station is also within convenient reach, providing easy transport links beyond the city.

While the photos depict a property with character and period features, some aspects could be considered outdated. The kitchen and bathrooms would particularly benefit from modernisation to enhance their functionality and aesthetics. Furthermore, the absence of a garden or private outdoor space could be a drawback for some buyers.

The listed price reflects the high demand for property in this central location. While pricing data would assist in a complete comparison, the price point could be considered competitive given its location and size. However, potential buyers should prepare for possible modernisation costs to bring the apartment fully up to modern standards. The significant factor to note is the unique character and location, making it likely an ideal investment for those prioritising these two attributes over modern updates. Therefore, a thorough survey prior to purchase would be advised. This is to ensure that any potential structural issues are identified early in the buying process.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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