Lindsays says ..

Property Oracle says ..

Oxgangs Road is situated in the Fairmilehead area of Edinburgh, a location generally considered desirable due to its proximity to quality schooling and transport links. The nearby streets show a range of property prices, with some significantly higher than others, suggesting a degree of variability within the area. While specific details on the quality of local amenities and places of significance are absent, the general reputation of Fairmilehead suggests a positive location score.

Based on the provided photographs, the property appears to be in need of significant modernisation and renovation. Many rooms show dated decor, worn carpets, and outdated fixtures and fittings. The kitchen, in particular, requires a full refurbishment. While the structure of the building seems sound, the overall condition suggests a considerable amount of work is required before the property would be considered in excellent condition.

The property includes a substantial garden, offering ample outdoor space. The presence of mature trees and a greenhouse further enhances the appeal of the garden. This considerable plot size is a significant positive aspect.

The list price of £885,000 is high considering the necessary renovations. While the location and land are positive factors, the condition of the property significantly impacts its value. Without square footage information for the property itself, a precise price per square foot comparison is impossible, hindering a definitive assessment of its value relative to the market. However, comparing it to similar properties in the area, the price appears high for a property requiring extensive renovation, especially when considering the available data on nearby streets. A full renovation will significantly increase the cost of acquisition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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