Umega says ..

Property Oracle says ..

Simpson Loan is located in the Quartermile development in Edinburgh’s city centre. This is a highly desirable location, known for its modern architecture, green spaces, and proximity to the city’s amenities. The area benefits from excellent transport links, with Edinburgh Waverley train station within walking distance. While schools are a bit further out, the city centre location offers easy access to various educational institutions. The presence of nearby restaurants and cafes, as shown in the provided images, adds to the convenience and appeal of the location. Therefore, the location score is high, reflecting its desirability and accessibility.

Based on the photographs, the property appears to be in excellent condition. The apartment is modern, clean, and well-maintained. There is no visible evidence of wear and tear or the need for repairs or renovations. The fixtures and fittings look new and high-quality. The overall impression is one of a contemporary and stylish living space.

The property does not have a private garden; however, the Quartermile development includes communal green spaces, as shown in the images. These shared areas offer residents access to outdoor space, mitigating the lack of a private garden.

The list price of £420,000 for a 718.71 sqft apartment seems reasonable when compared to the average price per sqft in the area (£399.00). Nearby comparable properties are listed at significantly higher prices, suggesting the property is competitively priced, especially considering its modern condition and desirable location. However, the lack of plot size data for comparable properties makes a precise price comparison difficult. The average price of properties in the area is slightly lower (£384,318), but this average includes properties of varying sizes and conditions, making direct comparison challenging. The price score reflects the balance between the list price, the average price per sqft, and the observed condition and location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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