Umega says ..

Property Oracle says ..

Marchmont Road is located in the Morningside area of Edinburgh. This is a highly desirable location known for its affluent residential character, proximity to green spaces such as the Meadows, and good transport links to the city centre. The area boasts a range of local amenities including independent shops, cafes, and restaurants, contributing to a vibrant and convenient lifestyle. The presence of nearby schools, while requiring further investigation regarding their quality, adds to the family-friendly appeal of the area. The relatively close proximity to Edinburgh’s railway station also provides convenient access to other parts of Scotland.

Based on the provided images, the property appears to be in excellent condition. The interior is well-maintained and stylishly decorated, suggesting recent renovations or upgrades. There is no visible evidence of wear and tear or the need for significant repairs. The property’s exterior, as shown in the photographs, also presents a well-maintained and attractive facade, consistent with the overall high standard of the building and the surrounding area.

The property does include a garden, which is a significant advantage in a city location. While the exact size isn’t specified, the images show a sizeable, well-maintained outdoor space. This adds considerably to the property’s desirability and overall value.

Considering the list price of £350,000, the average price of similar properties in the area (£480,825), and the property’s size (645.51 sqft), the price seems relatively reasonable, especially given its excellent condition and the inclusion of a garden. The average price per square foot in the area (£354) is significantly higher than what is being requested for this property, further supporting the argument that the asking price is competitive. The lower price may be attributable to the smaller size of the property compared to the area average. However, the property’s condition and location offset this to a significant degree.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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