Simpson & Marwick says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom apartment located at ¹⁹⁄₅ Waverley Park, Abbeyhill, Edinburgh, EH8 8ER. It’s situated in the Craigentinny/Duddingston area of Edinburgh and is listed at £160,000. The apartment has a size of 525 sqft, which is smaller than the average for the area (791 sqft). The property includes a garden.

The apartment appears to be in relatively good condition, although some aspects of the interior could benefit from modernisation. The bathroom and kitchen, in particular, show signs of age and could be updated to improve the overall feel and value of the property. The walls and flooring are dated, but the property is structurally sound.

The location is a positive attribute. Waverley Park is a residential area in Abbeyhill, a district of Edinburgh known for its proximity to Arthur’s Seat and Holyrood Park, offering scenic views and recreational opportunities. The area also benefits from its relative closeness to Edinburgh city centre, providing convenient access to amenities and transport links. However, the lack of nearby schools listed in the provided data needs to be considered.

Considering the property’s size (525 sqft), condition, and location, the list price of £160,000 appears to be slightly below the average price per sqft for the area (£292). However, the smaller size and need for some modernisation likely contribute to this lower price point compared to larger, more modern properties in the area. The average price for the area is £231,722, and while this property is smaller, the price seems reasonable given its location and the inclusion of a garden. Nearby comparable properties support this assessment, with prices ranging from £150,000 to £200,000.

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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