Portolio says ..
Tenanted 2 bedroom buy-to-let investment in Gorebridge, which will generate a yield of 8.4%.
Property Oracle says ..
This property is a 2-bedroom flat located in Gorebridge, Midlothian. The location benefits from proximity to Gorebridge train station, providing convenient access to commuting routes. While nearby street data shows a range of property values, the lack of nearby schools and limited information on local amenities requires further investigation to fully assess the location score. The property itself appears to be in reasonable condition, though the provided images suggest it could benefit from some modernisation and a thorough clean. The kitchen and bathroom show signs of wear, and the living areas appear cluttered. The presence of a garden is a positive aspect, adding to the overall appeal. Considering the list price of £134,995, the average price per sqft in the area (£314), and the property’s condition, the price seems relatively reasonable compared to similar properties in the area, although further analysis of comparable properties would be beneficial to confirm this. The property has a small garden which is a positive attribute.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 680.00
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
- 345,048.00 £Increased by 34.37 %
- Est sale value
- 344,760.00 £Increased by 11.92 %
- Average area rental value
- 803.00 £/moDecreased by 6.19 %
- Est letting value
- 680.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.79 %Decreased by 30.25 %
- Crime Rate
- 0.00 %
Agent Activity
Portolio created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cadwell Path | £ 0 | 0 | 0.00 KM |
| Cadwell Grove | £ 350,000 | 0 | 0.00 KM |
| Moorfoot View | £ 0 | 0 | 0.00 KM |
| Cadwell Walk | £ 241,995 | 0 | 0.00 KM |
| Castle Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gorebridge | 6391 | GBG | 0.58 KM |
| Newtongrange | 6929 | NEG | 4.29 KM |
| Eskbank | 3776 | EKB | 6.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 8 Cadwell Crescent, Gorebridge, EH23 | £ 360,000 | BUY | Unknown | 0.13 KM |
| 10 Cadwell Crescent, Gorebridge, EH23 | £ 330,000 | BUY | 6 / 10 | 0.14 KM |
| Gorebridge, Midlothian, EH23 | £ 149,500 | BUY | 7 / 10 | 0.14 KM |
| Birkenside, Gorebridge | £ 139,995 | BUY | 7 / 10 | 0.14 KM |
| 7 Cadwell Crescent, Gorebridge, EH23 | £ 320,000 | BUY | Unknown | 0.17 KM |