Murray Beith Murray LLP says ..

Property Oracle says ..

Morningside is a highly desirable area of Edinburgh, known for its excellent schools, independent shops, and proximity to the city centre. The property’s location on Morningside Road places it within easy reach of these amenities, contributing to a high location score. However, the lack of specific details regarding the proximity to schools and transport links prevents a more precise evaluation. Based on the provided images, the property appears to be a period property in need of some modernisation. The original features, such as the cornicing and fireplaces, are evident, but the overall condition suggests a need for refurbishment. The flooring, kitchen, and bathroom all show signs of wear and tear. This suggests a moderate condition score. The property includes a small rear garden, which is a positive feature, especially in a city location like Edinburgh. The size of the garden is relatively modest, but its presence still adds value. This contributes to a moderate land score. The list price of £425,000 is slightly below the average price for the area (£480,825). However, considering the property’s need for modernisation and the relatively small plot size, the price appears to be reasonably reflective of the market value. A more detailed comparison with similar properties in the area, including their condition and size, would provide a more precise assessment. The average price per square foot in the area (£354) is also a useful benchmark for comparison.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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