Property pick: flats for first time buyers
Buying a property for the first time can be a daunting prospect, but here are some ideas for two of the most popular areas for first time buyers in Edinburgh.
Gorgie and Dalry
Some facts: the average selling price for Gorgie over the last six months is £103,267.
We’ve also seen a growth in prices in this area compared with the same time last year by an average of 8.4%.
Between March and August 2015, ESPC registered an increase of 27.9% in sales volumes in this area.
Offers Over £104,995
1 bed flat with 2 public rooms
This flat just off Gorgie road is in great move-in condition, so you wouldn’t need to do much work to it. The living room and bedroom are good sizes, and the box room off the living space could be adapted to suit your needs.
Offers Over £97,895
1 bed flat with 1 public room
This well-presented flat is in great condition, and with plenty of opportunity to incorporate your own taste and décor. It would be a great investment for someone just starting out on the property market.
Leith Walk and Easter Road area
Some facts: the average selling price for one bedroom flats over the last six months is £112,992.
Between March and August 2015, ESPC registered an increase of 32.8% in sales volumes.
There has been an increase of 7.0% for the average selling price of a 1-bedroom flat in the area when compared with the same six month period in 2014.
Offers Over £110,000
1 bed top floor flat with 1 public room
With oak flooring and neutral walls, and located in a quiet street just off Great Junction Street, this top floor flat has plenty to offer first time buyers. It’s been freshly upgraded and modernised, so is in move-in condition too.
Offers Over £140,000
1 bed first floor flat with 1 public room
This flat is beautifully presented, featuring an attracting living room with stripped floorboards and a bay window, a roomy kitchen and a light and airy bedroom. The building is on a quiet street with attractive views over the Water of Leith.
We often host first time buyers’ events in our showroom, so keep an eye out on our events page to find out when the next one is. First time buyers also get a discount with one of our independent mortgage advisers, to give you that extra help.