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How much would you offer on this flat? Scotland

35 replies

theotherfossilsister · 27/04/2021 10:54

I love this flat and so does dp. It has literally everything we want including closeness to work (we could both walk from there) closeness to the park, and it's really near my in-laws. This is a definite plus in our case as I'm lucky with pils.

We also just love it. But I sort of think there's no point as we can't bid above asking. And it's Edinburgh.

Should we just wait a few years? Our current flat is lovely but is by the most horrible road in Edinburgh. It didn't used to be horrible until literally all the traffic in the East of the city was diverted up our tiny street. There's been several accidents here and we are TTC and the thought of a child by this road is horrible. No guarantee TTC will be successful though, we're starting IVF in October if nothing has happened naturally by then as have has a horrible time trying. I still love the other flat though.

It's very likely that at some point one of my elderly parents will have to move in with us too. And so the third bedroom definitely will be used.

So is it worth bidding asking price or will that just be a waste of time?

www.rightmove.co.uk/properties/90007561#/

OP posts:
SunshineLane · 27/04/2021 11:13

Unfortunately Edinburgh property and offers over means it will always be more than the starting price... it is lovely though. If it’s not imperative you move I’d wait it out a year. Prices are crazy at the moment.

ineedanewnameplease · 27/04/2021 11:21

No harm in placing a bid but unrealistic to think you'd be lucky enough to get it. That said if you are ttc is a flat what you really want? Can you consider houses with gardens?

PaniniHead · 27/04/2021 11:25

Is there a lift to the flat? If not, it would be a ball ache for a baby/child plus an elderly parent

theotherfossilsister · 27/04/2021 11:28

Thank you both. Yes, realistically it is probably better to wait especially as it will probably go for upwards of 400k or at least 375. It's so beautiful and I love it.

I'd love a house with a garden but in Central Edinburgh that would be at least 450k I think for three bedrooms which is unfeasible at the moment.

I just hate Duke Street so much as it's so dangerous and full of car fumes but love our current flat inside.

OP posts:
theotherfossilsister · 27/04/2021 11:29

No lift I don't think. I'm not terribly practical am I?

OP posts:
Tinkletwat · 27/04/2021 13:11

That's at quite a busy junction too though so you'd still have the fumes.

StatisticallyChallenged · 27/04/2021 13:53

I think you'd be wasting your time - what's the home report value? How long has it been on?

lastqueenofscotland · 27/04/2021 14:00

I generally find Edinburgh stock goes for about 10-15% above HR value unfortunately

Nightmanagerfan · 27/04/2021 14:49

There’s absolutely no way I’d consider that flat with a child, we lived in a second floor London flat with a baby and carrying the buggy up and down was awful. You need a garden. Why not move out a bit and have more space? I hear Joppa is nice

DeclineandFall · 27/04/2021 14:58

I was going to say the fumes from the cars and tourist buses on that hill would be horrendous. All that idling and then hill starts although you're higher up. I'd prefer Duke Street although it is a bit closed in. Parking there would be a nightmare as well. Nice flat though.

Mzy123 · 27/04/2021 15:05

Hold out and wait for a house. If you have a baby or in-laws come to stay it will be much easier. I lived in a flat near city centre (hillside)which I loved and didn't want to leave but having 2 kids felt it was best for them. Anyway now in a home with garden and only 25 mintes walk to city centre. Buses/trams on doorstep. Look in lots of areas, don't restrict yourself and be prepared to compromise with some issues. But I think you should wait for a house given your plans.

itsme1978 · 27/04/2021 15:15

So, you'll have great views of Arthur seat and the city there, but no where to park, double yellows outside, busy junction, no way I'd be going up to third floor with a baby /elderly parents. Sorry, it's a no from me !

emmathedilemma · 27/04/2021 15:21

You need to look at the home report valuation rather than the offers over price. Flats aren't selling as fast as houses in Edinburgh (because lockdown has made everyone want outdoor space and a lot of AirBnB and student rentals seems to have hit the market) but I still think it will cover for at least the valuation price.
I also wouldn't consider a 3rd floor flat if planning a baby and elderly parents moving in.

Tavannach · 27/04/2021 15:24

Agree with look for a house.

This?

I hear prices are crazy just now. I know someone who just sold in the central belt for 20% over the asking price.

Tavannach · 27/04/2021 15:27

Sorry, link fail.

This?

osbertthesyrianhamster · 27/04/2021 15:30

It's lovely but I think that location with 3 beds and 2 baths is going to fetch £400k. That's likely what they're aiming for.

PenCreed · 27/04/2021 15:40

It's a lovely flat - I have a fantasy Edinburgh house hunt every so often and it came up on that! (sadly no actual plans to move)

What about something like this?

mermaidsariel · 27/04/2021 15:43

Agree with what others have said. Not practical with a baby . Noisy, and polluted . No parks nearby. You could do much better.

Smeds · 27/04/2021 15:54

I used to walk along there to get to work OP and the queues at those traffic lights were horrendous so I'm not sure you would be improving your situation.

theotherfossilsister · 27/04/2021 16:03

Thank you for all your suggestions, the Willowbrae one shared twice was actually one we already looked at. The Trinity one is gorgeous too.

I love the South Queensferry and Cramond area but we don't have a car and I like things being walkable. I have a lot of anxiety and car fumes are one of the things I hate the most. I guess it can be a busy junction so maybe that one is out. It's so beautiful but yeah for ten to fifteen percent over far too much.

OP posts:
emmathedilemma · 27/04/2021 16:27

I think Trinity flat at New Cut Rigg is a really price. Right by the park, easy access to the cycle path and Water of Leith, 5-10min walk downhill to the coast at Newhaven, there's a Sainsbury's local and small block of shops just along the road. Admittedly it's not got the character of an old flat but it's accessible and probably warmer. You'd have to add in factoring costs for the maintenance of communal areas.

StatisticallyChallenged · 27/04/2021 16:34

The trinity one is lovely, and right beside the park is a big bonus. Also great for the cycle path network for getting around.

theotherfossilsister · 27/04/2021 19:14

Thank you. I love the water if Leith and feel far happier cycling there than on roads. It is utterly beautiful too.

Our current flat is lovely old and slightly haunted (I know that sounds woo.) I love old places but new would be good too.

OP posts:
WaltzingBetty · 27/04/2021 19:22

Abbeyhill traffic is awful.
Duke st will improve once the trams are in - it's getting a lot of redirected traffic at the moment.

Plenty of people in Edinburgh cope with babies in flats. Sure - I'd try and stay low down but saying you needs lift is just not practical - it excludes most of the housing stock in the city.