Simpson & Marwick says ..

Property Oracle says ..

The property is a substantial apartment in a period building, boasting four bedrooms and three bathrooms. Its location in Newington, Edinburgh, places it within a desirable residential area known for its mix of period properties and family-friendly atmosphere. The proximity to various transportation links, including Edinburgh Waverley station (3.97km), enhances its accessibility. While the distance to Merchiston Castle School (9.61km) might be considered significant for some, the area generally offers good schooling options. The lack of readily available comparable sales data on Gordon Terrace itself limits a precise analysis of the location score. However, considering Newington’s reputation and proximity to amenities, it can be considered a positive factor.

The images reveal a property that appears to be in excellent condition. The interior has been well-maintained and modernised, with a stylish kitchen and bathrooms. Features such as the original fireplaces, ornate cornicing, and stained-glass windows suggest that the property retains much of its period charm. The overall impression is one of a well-presented home that requires no immediate renovation.

The property benefits from a sizeable private garden, offering outdoor space. The garden is well-maintained and includes a patio area, a shed, and mature planting. This is a significant advantage, particularly for properties in urban areas.

The list price of £785,000 for a 2,408 sq ft apartment is relatively high compared to the average price per sq ft in the area (£305). However, the property’s size, condition, and the inclusion of a garden are likely to justify the higher price. The lack of precise comparable sales data for similar properties on Gordon Terrace makes a definitive price-per-square-foot comparison challenging. Nevertheless, considering the property’s features and the overall market trends in Edinburgh, the list price appears to be in line with, or potentially slightly above, market value. Further comparison with similar properties in the area would be beneficial for a more precise valuation.

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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