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 %
- Est sale value
- 381,127.92 £Decreased by 6.52 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est letting value
- 1,107.93 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 0.00 %
Agent Activity
Simpson & Marwick marked this listing as sold.
Simpson & Marwick created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Merchiston Castle School | Offshore Schools | 8.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nelson Place | £ 0 | 0 | 0.00 KM |
| Summerbank | £ 0 | 0 | 0.00 KM |
| East Scotland Street Lane | £ 612,500 | 0 | 0.00 KM |
| Eyre Place Lane | £ 0 | 0 | 0.00 KM |
| Rodney Street Tunnel | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Edinburgh | 9328 | EDB | 1.10 KM |
| Haymarket | 9419 | HYM | 2.94 KM |
| Slateford | 9236 | SLA | 6.41 KM |
| Kingsknowe | 9217 | KGE | 8.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Scotland Street, Edinburgh | £ 350,000 | BUY | 6 / 10 | 0.07 KM |
| 12 Scotland Street, New Town, Edinburgh, EH3 6PX | £ 875,000 | BUY | 7 / 10 | 0.08 KM |
| Drummond Place, Edinburgh, EH3 | £ 1,100,000 | BUY | Unknown | 0.08 KM |
| Scotland Street, Edinburgh | £ 765,000 | BUY | 6 / 10 | 0.12 KM |
| Scotland Street, New Town, Edinburgh, EH3 | £ 385,000 | BUY | 5 / 10 | 0.12 KM |