Savills says ..

Property Oracle says ..

Palmerston Place is located in the City Centre of Edinburgh. This is a highly desirable location, known for its beautiful architecture, proximity to local amenities, and excellent transport links. The property benefits from being close to Haymarket train station (0.30 KM), providing easy access to other parts of Scotland and beyond. The average price per sqft in the area is £399, suggesting a strong and stable market. While specific school ratings aren’t provided, the presence of schools within a reasonable distance is a positive factor for families.

Based on the images, the property appears to be in good condition. It’s a well-maintained apartment with modern fixtures and fittings in the kitchen and bathroom, whilst retaining many of the original period features. The hardwood flooring and high ceilings are characteristic of period properties. There is no visible evidence of significant wear and tear or the need for major renovations.

The property does not appear to include a private garden, although there is a small balcony. The plot size (996.90 sqft) is not particularly large for an apartment in this location.

Given the property’s location in a desirable area of Edinburgh, its good condition, and the relatively large size (844.14 sqft), the list price of £425,000 appears reasonable when compared to the average price of £384,318 for the area. The average price per sqft in the area is £399.00, and this property is slightly above average in size. However, nearby comparable properties are significantly more expensive, suggesting that the list price may be on the lower end of the market value for similar properties in this location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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