Garage 5, Forrester Park Grove, EH12 9AL
DE

Garage 5, Forrester Park Grove, EH12 9AL

By Deans Properties

£ 20,000

Reviews

2 out of 5 stars

Deans Properties says ..

A rare opportunity has arisen to purchase this single lock-up/garage with secure up and over steel door offering ideal parking or storage. The garage is located in a residential development in the popular area of Corstorphine, in the North of Edinburgh. The garage measures approx. 144sqf or 13.38...

Property Oracle says ..

This listing is for a single lock-up garage located within a residential development in the Drum Brae/Gyle area of Edinburgh. The garage itself is of average size at approximately 144 square feet. Images show a basic brick structure with an up-and-over door. The internal finish is simple with a concrete floor and brick walls. The garage shows some signs of age and may need some cosmetic improvements and cleaning. The property’s location offers reasonable proximity to public transportation links, including several ScotRail stations within a few kilometers, though local amenities might be limited, needing a short journey by car or public transport. Given the lack of any land apart from the garage footprint, this is primarily a parking or storage solution, suitable for residents of the complex or as an investment opportunity for rental income. The asking price appears to be reasonable, though comparable market data for similar properties would allow for a more detailed assessment. In conclusion, the property is a practical investment but lacks features and space to appeal to a broad market. While functional, it represents a niche property type.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
144.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
308,599.00 £
Increased by 8.50 %
from 284,421.00 £
Est sale value
53,424.00 £
Increased by 28.37 %
from 41,616.00 £
Average area rental value
1,181.00 £/mo
Decreased by 6.12 %
from 1,258.00 £/mo
Est letting value
144.00 £/mo
Unchanged by 0.00 %
from 144.00 £/mo
Est rental Yield
4.59 %
Decreased by 13.56 %
from 5.31 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Deans Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Merchiston Castle SchoolOffshore Schools4.07 KM
Cargilfield SchoolOffshore Schools4.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Broomhouse Gardens West £ 000.00 KM
Broomhouse Drive £ 000.00 KM
Broomhall Bank £ 290,00000.00 KM
Broomhouse Medway £ 000.00 KM
Broomhouse Wynd £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Gyle9318SGL1.76 KM
Wester Hailes9231WTA2.04 KM
Kingsknowe9217KGE2.61 KM
Edinburgh Park9395EDP2.67 KM
Edinburgh Gateway6545EGY4.11 KM

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