Jardine Phillips says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom retirement property located in Morningside, Edinburgh. The list price is £170,000, and the property has 519.04 square feet of living space. The average property price in the area is significantly higher at £480,825, with an average price per square foot of £354. The property appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern kitchen appliances. The communal garden is also well-kept. There is no evidence of significant repair or renovation needs. While the property is a retirement property and lacks a private garden, it benefits from access to a shared communal garden area. This is a positive aspect, providing outdoor space for residents. Considering the average price per square foot in the area (£354) and the property’s size (519.04 sqft), a rough estimate of the expected price would be around £183,790 (£354 x 519.04). The list price of £170,000 is therefore below the estimated value based on the average price per square foot, suggesting it could represent good value, especially considering its location and condition. However, it’s important to note that this is a simplified calculation and does not account for all factors influencing property prices. The location in Morningside is generally considered desirable, with proximity to local amenities and transport links. However, the lack of specific details about proximity to schools, shops, and other points of interest limits the ability to provide a more detailed location assessment.

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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