Inveresk Place, Musselburgh, East Lothian, EH21
HO

Inveresk Place, Musselburgh, East Lothian, EH21

By Home Sales Scotland

£ 324,995

Reviews

3 out of 5 stars

Home Sales Scotland says ..

Stylish apartment in The Wireworks, Musselburgh. Modern open-plan living with private balcony, two spacious bedrooms, and excellent amenities. Ideal for city living with quick access to Edinburgh.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Inveresk Place, Musselburgh, East Lothian. The list price is £324,995, and the property is 570 sqft. The average price for properties in the area is £481,071, with an average size of 1,086 sqft and an average price per sqft of £442. The property appears to be modern and well-maintained, based on the provided images. The interior is contemporary in style with a neutral color palette. The kitchen and bathrooms appear to be newly fitted and in excellent condition. There is no evidence to suggest the property is in need of renovation. While the plot size is listed as 0.00 sqft, the images show access to some outdoor space. The extent of this space cannot be definitively determined from the images alone. The location benefits from proximity to several ScotRail stations, with Brunstane being the closest at 1.52km. However, information on nearby schools and other amenities is not provided. Considering the average price per sqft in the area (£442) and the property’s size (570 sqft), a rough estimate of the expected price would be around £251,940. The listed price of £324,995 is significantly higher than this estimate. This suggests that the property may be overpriced, especially given that the property is a flat with a limited plot size. However, other factors not considered here, such as the specific amenities of the flat and the desirability of the location, could influence the actual market value.

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
6
Condition
10
Location
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
570.00

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
416,650.00 £
Decreased by 15.87 %
from 495,266.00 £
Est sale value
193,230.00 £
Decreased by 19.29 %
from 239,400.00 £
Average area rental value
2,750.00 £/mo
Increased by 103.70 %
from 1,350.00 £/mo
Est letting value
1,140.00 £/mo
Increased by 100.00 %
from 570.00 £/mo
Est rental Yield
7.92 %
Increased by 142.20 %
from 3.27 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Home Sales Scotland created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Christian Path £ 000.00 KM
Promenade £ 000.00 KM
Kirk's Place £ 000.00 KM
Aitchison's Place £ 000.00 KM
Figgate Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Brunstane8807BSU1.52 KM
Newcraighall8808NEW3.05 KM
Musselburgh9304MUB4.65 KM
Shawfair6963SFI5.04 KM
Eskbank3776EKB8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Inveresk Place, Musselburgh, East Lothian, EH21 £ 420,000BUY8 / 100.00 KM
Inveresk Place, Musselburgh, East Lothian, EH21 £ 324,995BUY6 / 100.00 KM
28 Marlborough Street, Edinburgh, EH15 £ 900,000BUYUnknown0.09 KM
30, 1F1 Marlborough Street, Portobello, EH15 2BG £ 415,000BUY6 / 100.10 KM
14/7 Marlborough Street, Portobello, EH15 2BG £ 240,000BUY5 / 100.10 KM