14 Market Place, Lauder
MA

14 Market Place, Lauder

By Macpherson Property

£ 120,000

Reviews

2 out of 5 stars

Macpherson Property says ..

14 Market Place is a spacious main door, double upper flat situated in the heart of the much sought-after Borders Town of Lauder. The property would make an excellent first home or investment opportunity, offering commuter access to Edinburgh via the A68, or by train from Stow, that runs to Edinb...

Property Oracle says ..

This 2-bedroom, 1-bathroom flat is situated in Lauder’s Market Place, offering a central location within the town. The property’s size of 828.5 square feet provides decent living space. The photographs reveal a property that appears habitable but is in need of some modernisation. The decor is dated, and updates to the kitchen and bathroom would likely enhance the property’s appeal. While the property offers a central location within Lauder, more information about proximity to schools, transport links and local amenities would enhance the assessment. The inclusion of a small garden is a plus point although the space appears fairly limited. The £120,000 asking price appears to reflect the condition and location of the property and sits competitively within the context of nearby property sales, despite the lack of precise comparison data for similar properties in the Lauder area. Potential buyers should factor in the costs of updating the property to their preferences. Overall, the property presents an opportunity for first-time buyers or investors seeking a property in a convenient location, who are prepared for some renovation work. Further information on the property’s energy efficiency rating, local council tax band and the extent of any necessary repairs/modernisations would enhance the overall assessment. The minimal land and lack of details about nearby amenities restrict the property from scoring higher.

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

Price
7
Condition
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
828.50

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
528,583.00 £
Increased by 131.16 %
from 228,666.00 £
Average area rental value
1,250.00 £/mo
Increased by 20.42 %
from 1,038.00 £/mo
Est letting value
1,657.00 £/mo
Increased by 100.00 %
from 828.50 £/mo
Est rental Yield
3.99 %
Decreased by 19.72 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Macpherson Property created the listing.

Images

Sitting Room Bathroom Rear Garden Rear Garden 14 Market Place Front Market Place Market Place Property Location Map Sitting Room 14 Market Place, Lauder Sitting Room Principal Bedroom Principal Bedroom Bedroom 2 Bedroom 2 First Floor Landing Kitchen

Nearby Streets

NameAverage PriceAverage SqftDistance
Manse Road £ 000.00 KM
Smithy Croft £ 175,00000.00 KM
The Glebe £ 000.00 KM
Lauderdale Drive £ 000.00 KM
Crofts Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
8 West High Street, Lauder £ 299,995BUY7 / 100.10 KM
Talisker, 10 Mill Wynd, Lauder, TD2 6QN £ 450,000BUY7 / 100.18 KM
Mid Row, Scottish Borders, Lauder, TD2 £ 135,000BUY5 / 100.18 KM
7 Crofts Road, Lauder, TD2 6QJ £ 165,000BUYUnknown0.21 KM
11 West High Street, Lauder, TD2 6TF £ 235,000BUY7 / 100.26 KM