41 Springfield Terrace, St. Boswells, Melrose
JA

41 Springfield Terrace, St. Boswells, Melrose

By James Agent

£ 145,000

Reviews

3 out of 5 stars

James Agent says ..

Situated in the ever-popular village of St Boswells, this deceptively spacious two-bedroom upper apartment offers a fantastic opportunity for a first-time buyer or downsizer seeking stylish interiors, flexible accommodation, and a superb location. The property further benefits from a converted at...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom flat located in St. Boswells, Scottish Borders. The flat is presented in good condition and benefits from a well-maintained garden.

The property is listed at £145,000. The average price for properties in the area is £261,961, with an average price per square foot of £295. While the average price per sqft is higher than the property’s implied price per sqft (£158.38), it’s important to consider that this is a flat, and the average price includes a mix of property types, including larger detached houses which command significantly higher prices. The relatively small plot size of 0.00 sqft is also a factor. A nearby comparable flat on Strae Brigs sold for £135,000, suggesting the list price is in line with the market for similar properties.

The property appears to be well-maintained and in good condition, with a modern kitchen and updated fixtures. The garden is a valuable asset, offering outdoor space, which is relatively uncommon for flats in this area. The lack of information on nearby schools and transportation makes it difficult to fully assess the location score.

Based on the provided information, the property represents reasonable value for money, considering its condition, features, and location within the context of the local market. The property benefits from a good-sized garden which is a significant advantage.

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

Price
7
Condition
8
Location
0
Land
7
Bedrooms
2
Bathrooms
2
Sqft (est)
913.86

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
376,133.00 £
Increased by 50.19 %
from 250,445.00 £
Est sale value
583,042.68 £
Increased by 131.16 %
from 252,225.36 £
Average area rental value
1,250.00 £/mo
Increased by 20.42 %
from 1,038.00 £/mo
Est letting value
1,827.72 £/mo
Increased by 100.00 %
from 913.86 £/mo
Est rental Yield
3.99 %
Decreased by 19.72 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • James Agent created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Cuthbert's Drive £ 000.00 KM
Strae Brigs £ 135,00000.00 KM
St Modan's Road £ 000.00 KM
Braeheads Road £ 190,00000.00 KM
William Brown Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
41 Springfield Terrace, St. Boswells, Melrose £ 145,000BUY7 / 100.00 KM
Rosebay, The Green, St. Boswells £ 215,000BUYUnknown0.11 KM
11 St Cuthbert's Drive, St Boswells, TD6 0DF £ 335,000BUY7 / 100.20 KM
The Green, St. Boswells, Melrose, Scottish Borders £ 375,000BUY7 / 100.21 KM
Parkside, Main Street, St. Boswells £ 299,999BUY6 / 100.36 KM