McEwan Fraser Legal says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in Newhaven, Edinburgh. The apartment is situated within a modern development overlooking the water. Based on the images provided the property appears to be in excellent condition, with modern fixtures and fittings throughout. The open-plan living area is bright and spacious, and the kitchen is well-equipped. The bedrooms are also well-presented, and the bathrooms are modern and clean.

The location is a key positive aspect of this property. Newhaven is a desirable area of Edinburgh, known for its waterfront location and proximity to the city centre. The development itself benefits from stunning views across the Firth of Forth. The lack of nearby schools and limited information on local amenities requires further investigation to fully assess the location score. However, the proximity to Edinburgh city centre via public transport (train station approximately 3.88 KM away) suggests good access to wider amenities.

The property has a balcony, offering additional outdoor space, which is a positive feature. However, it lacks a private garden, which may be a negative for some buyers.

Considering the property’s condition, location, and available space, the list price of £275,000 seems reasonable. The average price for properties in the area is £255,896, and the average price per square foot is £331. This property is slightly larger than average at 914.93 sqft, and the list price reflects this. The nearby comparable properties support the valuation, with prices ranging from £230,000 to £330,000. Further analysis of comparable properties, specifically those with similar size and features, would be beneficial to confirm this assessment.

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

Images