Balfour Street, Edinburgh, Midlothian, EH6
YO

Balfour Street, Edinburgh, Midlothian, EH6

By Your Move

£ 195,000

Reviews

2 out of 5 stars

Your Move says ..

Set just off Leith Walk with its fine selection of artisan cafes, bars and restaurants is this two bedroom first floor flat formally occupied as an HMO and benefits from double glazing. COUNCIL TAX = C EPC = E

Property Oracle says ..

Leith Walk is a vibrant and up-and-coming area of Edinburgh. The property’s proximity to Edinburgh city centre and its transport links are positive aspects. However, the absence of nearby schools in the immediate vicinity might be a drawback for families. More information on the quality of local schools would be needed for a complete assessment.

The property itself appears to be in need of significant modernisation and renovation. The flooring, walls, and kitchen require attention. The condition of the bathroom is also questionable based on the images. A full survey would be needed to ascertain the extent of the work required.

The plot size is relatively small for a property in Edinburgh, suggesting limited outdoor space. The lack of a garden is a notable feature.

Considering the list price of £195,000, the average price per square foot in the area is £346. This property is significantly below average in size, at 530.88 sqft. While the price is lower than the area average, the extensive renovation needed significantly impacts its value. A comparative market analysis of similarly sized and conditioned flats in the area would be necessary to determine whether the list price is reasonable. The lack of comparable properties in the provided data limits the accuracy of this assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
3
Location
7
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
530.88
Lot (est)
613.54

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
243,409.00 £
Decreased by 18.96 %
from 300,349.00 £
Est sale value
215,006.40 £
Increased by 2.27 %
from 210,228.48 £
Average area rental value
1,724.00 £/mo
Increased by 17.52 %
from 1,467.00 £/mo
Est letting value
1,061.76 £/mo
Increased by 100.00 %
from 530.88 £/mo
Est rental Yield
8.50 %
Increased by 45.05 %
from 5.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Your Move created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Pilrig Cottages £ 305,00000.00 KM
Quintinshill Place £ 000.00 KM
Shaw's Terrace £ 275,00000.00 KM
Orchardfield Lane £ 145,00000.00 KM
Bonnington Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB1.93 KM
Haymarket9419HYM4.91 KM
Slateford9236SLA8.38 KM
Brunstane8807BSU9.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Balfour Street, Edinburgh, Midlothian, EH6 £ 195,000BUY4 / 100.00 KM
Balfour Place, Edinburgh, Midlothian, EH6 £ 210,000BUYUnknown0.00 KM
4/7 Balfour Place, Edinburgh, EH6 5DW £ 250,000BUY6 / 100.02 KM
Balfour Place, Edinburgh, Midlothian, EH6 £ 85,000BUYUnknown0.07 KM
49 1f2, Balfour Street, Leith, Edinburgh, EH6 5DP £ 220,000BUY6 / 100.10 KM