Flat 2F, 27 Drummond Place, New Town, Edinburgh EH3 6PN
SI

Flat 2F, 27 Drummond Place, New Town, Edinburgh EH3 6PN

By Simpson & Marwick

£ 525,000

Reviews

2 out of 5 stars

Simpson & Marwick says ..

A fantastic opportunity to acquire a two bedroom second floor flat, located on Drummond Place, in Edinburgh's desirable New Town.

Property Oracle says ..

This two-bedroom, one-bathroom flat at Flat 2F, 27 Drummond Place, Edinburgh, EH3 6PN, is situated in the prestigious New Town area of Edinburgh. The location is a significant selling point, offering proximity to the city centre, excellent transport links, and the architectural charm associated with New Town. The building’s exterior appears well-maintained, and the pictures show that the property is presented as habitable. However, while the kitchen appears updated, the interior décor and furnishing style shown in the photographs are somewhat dated, suggesting that some modernisation might enhance its appeal to prospective buyers. The property’s size is reported as 1,107.93 square feet. This size is reasonable for a two-bedroom flat, especially in such a sought-after location. However, the absence of a private garden or outdoor space is a notable drawback, especially when comparing it with other properties in the area that might include this amenity. The list price of £525,000 must be considered in relation to the market conditions and the property’s specific condition and potential need for renovations. Further analysis comparing the price-per-square-foot with other similarly sized and located properties is needed to determine if this represents good value. The absence of comparable data in the provided information restricts this assessment.

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
6
Location
9
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
1,107.93

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
322,952.00 £
Decreased by 27.89 %
from 447,880.00 £
Est sale value
381,127.92 £
Decreased by 6.52 %
from 407,718.24 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
1,107.93 £/mo
Unchanged by 0.00 %
from 1,107.93 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Simpson & Marwick marked this listing as sold.

  • Simpson & Marwick created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools8.29 KM

Images

Drummond Place 03 Drummond Place 13 Drummond Place 14 Drummond Place 16 Drummond Place 08 Drummond Place 09 Drummond Place 12 Drummond Place 24 Drummond Place 23 Drummond Place 15 Drummond Place 07 Drummond Place 04 Drummond Place 06 Drummond Place 11 Drummond Place 17 Drummond Place 18 Drummond Place 22 Drummond Place 19 Drummond Place 20 Drummond Place 21 Drummond Place 26 Drummond Place 28 Drummond Place 29 Drummond Place 30 Drummond Place 38 Drummond Place 37 Drummond Place 39

Nearby Streets

NameAverage PriceAverage SqftDistance
Nelson Place £ 000.00 KM
Summerbank £ 000.00 KM
East Scotland Street Lane £ 612,50000.00 KM
Eyre Place Lane £ 000.00 KM
Rodney Street Tunnel £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Edinburgh9328EDB1.10 KM
Haymarket9419HYM2.94 KM
Slateford9236SLA6.41 KM
Kingsknowe9217KGE8.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Scotland Street, Edinburgh £ 350,000BUY6 / 100.07 KM
12 Scotland Street, New Town, Edinburgh, EH3 6PX £ 875,000BUY7 / 100.08 KM
Drummond Place, Edinburgh, EH3 £ 1,100,000BUYUnknown0.08 KM
Scotland Street, Edinburgh £ 765,000BUY6 / 100.12 KM
Scotland Street, New Town, Edinburgh, EH3 £ 385,000BUY5 / 100.12 KM