While the list price of £550,000 is in line with other apartments in the immediate vicinity of similar size, the lack of outdoor space and the limited plot size may make it slightly less attractive compared to properties with gardens. Considering the overall condition and highly desirable location, the price is still reasonably competitive.

Based on the provided photographs, the property appears to be in good condition with a modern and well-maintained interior. The kitchen and bathrooms seem recently renovated or updated. However, the absence of external photos limits a full assessment of the property’s exterior condition. Thus it is rated at a level lower than perfect.

The property is located in the City Centre of Edinburgh, specifically in the New Town area, known for its high desirability and prestigious address. Proximity to various amenities, including shops, restaurants, and cultural attractions, further enhances its location score. The relatively close distance to Edinburgh Waverley train station also contributes positively.

The property has virtually no private outdoor space. The photographs show a shared courtyard with limited personal useable area, which is why the score for land is very low.