Cox & Co says ..
Cox & Co are thrilled to present this charming 3 Bedroom apartment with current HMO License located in a fantastic city centre location.
Property Oracle says ..
This 3-bedroom flat located on Grindlay Street in Edinburgh’s city centre presents a mixed bag of opportunities and challenges. Its prime location is undoubtedly a strong selling point, offering easy access to Edinburgh’s bustling city centre, with train stations within reasonable distance. However, the property’s condition requires immediate attention. The photographs reveal outdated decor, wear and tear on the walls, and an overall need for refurbishment. The lack of private outdoor space is another notable consideration. While the asking price is £300,000, further market research and a professional survey are needed before making a final decision. Potential buyers should carefully weigh the significant renovation costs against the benefits of a city centre location. The property’s current state is more suitable for an investor willing to undertake renovations to increase value or a buyer comfortable with a renovation project. The presence of original features such as ornate cornicing and ceiling roses in some rooms might appeal to buyers seeking period characteristics, but this needs to be weighed against the refurbishment demands.
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
- 4
- Location
- 8
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 721.00
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
- 322,952.00 £Decreased by 27.89 %
- Est sale value
- 248,024.00 £Decreased by 6.52 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est letting value
- 721.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 0.00 %
Agent Activity
Cox & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Merchiston Castle School | Offshore Schools | 6.76 KM |
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Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Spittal Street Lane | £ 0 | 0 | 0.00 KM |
| Kennedy Walk | £ 0 | 0 | 0.00 KM |
| Grindlay Street Court | £ 0 | 0 | 0.00 KM |
| Semple Street | £ 0 | 0 | 0.00 KM |
| Thornybauk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Haymarket | 9419 | HYM | 1.66 KM |
| Edinburgh | 9328 | EDB | 1.80 KM |
| Slateford | 9236 | SLA | 4.95 KM |
| Kingsknowe | 9217 | KGE | 7.48 KM |
| Wester Hailes | 9231 | WTA | 9.64 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 11-1 Grindlay Street, Edinburgh, EH3 9AT | £ 220,000 | BUY | 6 / 10 | 0.01 KM |
| 4/1 Grindlay Street, Lauriston, Edinburgh, EH3 9AS | £ 225,000 | BUY | 6 / 10 | 0.05 KM |
| 3 PF2, Cornwall Street, Edinburgh, EH1 2EQ | £ 375,000 | BUY | 7 / 10 | 0.06 KM |
| Cornwall Street, Old Town, Edinburgh | £ 495,000 | BUY | 8 / 10 | 0.06 KM |
| 13 2F1, Spittal Street, Edinburgh, EH3 9DY | £ 265,000 | BUY | 7 / 10 | 0.07 KM |