88a The Loan, Loanhead, EH20 9AQ
By Prime Property Auctions (Scotland) Ltd
£ 100,000
Reviews
2 out of 5 stars
Prime Property Auctions (Scotland) Ltd says ..
Prime Property Auctions is excited to present this Desirable Investment Opportunity! This Tenanted 1 bed is located within an easy lettable area located in Loanhead. ***84, The Loan, Loanhead, Midlothian EH20 9AQ sold for £162,010, 52, Kennington Avenue, Loanhead, Midlothian EH...
Property Oracle says ..
The property is a 1-bedroom flat located at 88a The Loan, Loanhead, EH20 9AQ, Scotland. It is listed at £100,000 and has a size of 530 sqft. The property is situated on The Loan, in Midlothian West, Midlothian. Considering the provided images, the property appears to be in need of some modernisation. While the kitchen and bathroom seem to have had some updates, the rest of the property shows signs of wear and tear. The overall condition is not poor, but it certainly requires some work to bring it up to a modern standard. The property benefits from a small, enclosed rear garden area. The average price for properties in the area is significantly higher at £244,294, with an average price per sqft of £314. Given the property’s condition, the size (530 sqft), and the lack of significant additional features, the list price of £100,000 could be considered reasonable, especially when compared to other nearby flats listed for sale at £115,000 and £125,000. However, it is important to note that the average price and price per sqft are based on larger properties, and this is a smaller flat in need of some work. Therefore, a more detailed analysis of comparable properties would be needed to fully assess the value. The location is on a main road, which may be a drawback for some buyers. However, the proximity to Eskbank train station (7.76 km) and Edinburgh (9.25km) provides good transport links. Further information on local amenities, schools, and other factors would be needed to provide a comprehensive assessment of the location.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 530.00
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
- 345,048.00 £Increased by 34.37 %
- Est sale value
- 268,710.00 £Increased by 11.92 %
- Average area rental value
- 803.00 £/moDecreased by 6.19 %
- Est letting value
- 530.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.79 %Decreased by 30.25 %
- Crime Rate
- 0.00 %
Agent Activity
Prime Property Auctions (Scotland) Ltd created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park View | £ 0 | 0 | 0.00 KM |
| Church Street | £ 245,000 | 0 | 0.00 KM |
| Park Crescent | £ 0 | 0 | 0.00 KM |
| Mayburn Bank | £ 0 | 0 | 0.00 KM |
| Polton Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Eskbank | 3776 | EKB | 7.76 KM |
| Edinburgh | 9328 | EDB | 9.25 KM |
| Brunstane | 8807 | BSU | 9.30 KM |
| Newcraighall | 8808 | NEW | 9.30 KM |
| Newtongrange | 6929 | NEG | 9.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 80c The Loan, Loanhead, EH20 | £ 125,000 | BUY | 6 / 10 | 0.04 KM |
| The Loan, Loanhead, EH20 | £ 114,995 | BUY | 6 / 10 | 0.04 KM |
| Burghlee Terrace, Loanhead, EH20 | £ 200,000 | BUY | 6 / 10 | 0.24 KM |
| 57 Burghlee Crescent, Loanhead, EH20 9BL | £ 195,000 | BUY | 6 / 10 | 0.24 KM |
| 21 Kennington Avenue, Loanhead, Edinburgh, EH20 9HZ | £ 160,000 | BUY | 7 / 10 | 0.24 KM |