spotlight on murrayfield
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www.djalexanderlegal.co.uk
spotlighton Murrayfield
This edition
0131 652 73133
Murrayfield O/O £199,00022/11 Roseburn Maltings• Hall • Sitting room / dining room • Breakfast kitchen with access to small balcony • 2 bedrooms • Landscaped grounds • Private parking
Murrayfield O/O £172,00011 (2F1) Murrayfield Place• Hal • Sitting room • Kitchen/dining room • Double bedroom • Box room • Bathroom • Communal garden
Murrayfield O/A £340,0008 Western Corner• Hall • Sitting room • Dining kitchen • 4 bedrooms • Private garden • Parking space • Private parking • Communal private gardens
Murrayfield O/O £445,0007 Saughtonhall Avenue• Hall • Sitting room • Dining kitchen • 3 bedrooms • Study / bedroom 4 • Front and rear garden • Driveway parking for 3 cars
Murrayfield O/O £750,00088 Murrayfield Gardens• Entrance vestibule • Hall • Family room • Drawing room • Kitchen • 6 double bedrooms • Private front and rear gardens
Murrayfield O/O £1,495,0008A Easter Belmont Road• Drawing room/kitchen/dining room • 3 bedrooms • 3 bathrooms/shower rooms • Swimming pool & fitness room • Double garage • Mature grounds/paved terraces
Looking to sell your home?Get in touch for a free property valuation
T: 0131 652 7313 E: propertysales@djaalexanderlegal.co.uk
Area Murrayfield is an affluent area established as one of the most sought after suburbs of Edinburgh. Situated just over a mile west of the city centre, it offers convenient access both into town and towards Edinburgh Airport. Housing in the area is mainly medium to large in size, with Easter Belmont Road often regarded as ‘millionaire’s row’ due to its size and well-known occupants.
Sport and leisure facilities are substantial here with Murrayfield Stadium home to the Scottish Rugby Union and the Edinburgh Rugby team. The stadium is also known for hosting some of the world’s most iconic artists over the years including The Rolling Stones, Madonna and The Proclaimers. Within close proximity there is also a large indoor ice rink (home to Edinburgh Capitals hockey team), a private tennis club, and the renowned Murrayfield golf club. Within walking distance of Murrayfield is the RZSS Edinburgh Zoo, home to the only Giant Pandas in the UK.
There is a good selection of independent cafes, bars and restaurants to enjoy, including The Murrayfield Hotel a popular spot for Sunday lunch. You can also buy original artworks and limited edition prints at the local art gallery. If you are looking to go further out of the area, Dalry hosts some interesting restaurants including Locanda de Gusti owned by award winning Italian chef Rosario Sartore. With so much on offer, it is easy to see why Murrayfield is such a popular place to live, and why the local housing market is well received.
Market CommentWith a brisk start to the year the local Edinburgh market has been hit by one ongoing problem, a lack of stock at all levels. On the back of this shortage of supply, properties in good locations and in particular traditional stone built properties have been selling well and often very swiftly. Closing dates have also become common place again amongst properties below £500k in value where the buyer numbers are greatest. The top end of the market continues to be active despite the lack of stock at that end of the market and the prohibitive higher taxes. Buyers at this end of the market are tending to move at speed if they find something they like regardless of whether it is advertised on the open market or off the market.
Recently we have also seen an understandable level of haste amongst those buying larger second homes in the capital to beat the new additional levy on top of the LBTT of 3%, which also is applicable to those purchasing buy-to-let investments.
Statistically, Murrayfield has appreciated well in the last twelve months with properties between £500,000 and £1,000,000 increasing in sales prices achieved by circa 4.4%, whilst those houses below £500,000 have shown an increase of 5.5%, and entry levels properties have increased by as much as 10.7%.The spring will be a very interesting time for the market as buyers wait for more choice and with much afoot on the political horizon I suggest the lack of stock will remain a challenge for buyers and agents alike for the foreseeable future.
Source:DJ Alexander Legal Research
FOR SALESpotlight on Murrayfield
1 Bed Flat 2 Bed Flat 3 Bed Flat House
£450,000
£400,000
£350,000
£300,000
£250,000
£200,000
£150,000
£100,000
£500,000
Average Property Price:
1 Bed Flat 2 Bed Flat 3 Bed Flat House
£145,200 £216,009 £226,500 £447,688
£158,410 £246,980 £361,743 £487,661
2008
2015
Year
Average Property Prices 2008 V 2015
2013 2014 2015
£700,000
£650,000
£600,000
£500,000
+4%
+4.4%
Average Property Prices 2013 - 2015
(Properties valued £500,000 - £1,000,000)
www.djalexanderlegal.co.uk 0131 652 73134 5
Colinton O/O £575,000143 Colinton Road• 2 public rooms • Kitchen • 3 bedrooms • 3 bathrooms/shower rooms • Utility room • Underground parking
New Town O/O £479,0002 South West Cumberland Street Lane• Hall • Sitting room • Dining kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Private rear garden • Parking space
Murrayfield O/O £445,0007 Saughtonhall Avenue• Hall • 2 public rooms • Dining kitchen • 3 bedrooms • Study/bedroom 4 • 2 bathrooms/shower rooms • Front & rear gardens • Driveway
Quartermile O/O £499,99918/18 Simpson Loan• Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Utility room • Views over the Meadows and further afield to the Pentlands
Newhaven O/O £450,0003/33 Western Harbour Breakwater• Living room • Sitting/dining room • Kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Secure underground parking • Panoramic sea and city views
New Town O/O £435,00010a Dundas Street• Sitting/dining room • Dining kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Private patio • Rear courtyard shared with one neighbour • Private parking space
Musselburgh O/O £499,999‘Ardalanish’ 7a Ravensheugh Road• Sitting room • Kitchen/dining room • 4 bedrooms • 3 bathrooms/shower rooms • Utility room • Rear terrace leading to garden • Driveway
Musselburgh FP £447,5003 Stoneyhill Gardens• 4 public rooms • Kitchen • 4 bedrooms • 2 bathrooms/shower rooms • Private gardens • Driveway
New Town O/O £415,00017/2 (1F2) Elm Row• Sitting room • Dining kitchen • 5 bedrooms • Family bathroom • Permit parking
Quartermile O/O £399,00013/4 Simpson Loan• Sitting/dining room/kitchen • Master bedroom with en suite shower room • One further double bedroom • Bathroom • 24 hour concierge service • Residents parking
Quartermile O/O £394,00028/20 Simpson Loan• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Private secure basement parking • 24 hour concierge service
New Town O/O £510,00068 Dundas Street• Hall • Sitting room • Dining kitchen • 3 bedrooms • 3 bathrooms/shower rooms • Three cellars • Private rear garden
New Town O/O £729,0009a Nelson Street• Dining hall • Sitting room • Dining kitchen • 4 bedrooms • 2 bathrooms • Play room/store room • Private rear garden • Cellars
Blackhall O/O £729,00012 Columba Road• Hall • Bay window sitting room • Dining room • Breakfasting kitchen • 4 bedrooms • Study/bedroom 5 • Bathroom • Private garden • Garage • Large driveway
West End O/A £900,00015 Walker Street• 3 reception rooms • Double bedroom with en suite shower room • Three further bedrooms, one with en suite shower room • Two bathrooms • Private parking • Communal private gardens
Lochearnhead O/O £999,999Lochside Lodges• 3 three bedroom lodges, master bedrooms having en suites • 6 two bedroom lodges • Office/laundry lodge with planning permission to revert to holiday lodge 10 • Loch views
New Town O/O £1,300,00015 Moray Place• Drawing room • Dining room • Dining kitchen • 4 bedrooms • 3 bathrooms/shower rooms • Balcony with views over Dean Valley • Permit parking
Newington O/A £1,100,00028 Mayfield Terrace• 3 public rooms • 2 kitchens • 6 bedrooms • 2 bathrooms • Garden level store room • Front & rear gardens • Triple garage
www.djalexanderlegal.co.uk 0131 652 73136 7
Hillside O/O £369,00025 (3F3) Wellington Street• Hall • Sitting room • Dining kitchen • 6 bedrooms • 2 bathrooms • On street permit parking
Newington O/O £335,00015/9 Oxford Street• Hall • Sitting room • Kitchen • 3 bedrooms • 2 bathrooms • Permit parking
New Town O/O £299,99516a Royal Crescent• Dining hall • Sitting room • Kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Communal garden • Patio area • Dry-lined cellars
New Town O/O £269,0008 (GF) Forth Street• Hall • Sitting/dining room • Kitchen • Bedroom • Bathroom • Permit parking
New Town O/O £349,50056/4 Thistle Street• Sitting/dining room • Dining kitchen • 2 Bedrooms • 2 bathrooms/shower rooms • Permit parking
New Town O/O £295,0002/1 Ainslie Place• Hall • Sitting room • Kitchen • Double bedroom • Bathroom • Current rent of £900 pcm, gross yield of 3.5%
Merchiston O/O £349,00018 (1F) Granville Terrace• Sitting/dining room/kitchen • 2 bedrooms • Bathroom • Private parking space
Merchiston O/O £325,00018 (GF) Granville Terrace• Sitting/dining room/kitchen • 2 bedrooms • Bathroom • Private front garden
Blackford O/O £325,00083 Relugas Road• Sitting/dining room • Kitchen • Three bedrooms • Bedroom 4/sitting room • Bathroom • Shower room • Front garden • Sun terrace • Garage
Marchmont O/O £290,00043/11 Warrender Park Terrace• Hall • Sitting room with dual aspect • Dining kitchen • 2 bedrooms • Bathroom • Communal rear garden
Duddingston O/O £219,00062 Northfield Drive• Open plan sitting/dining room/kitchen • Three bedrooms • Bathroom • Utility room • Double glazing • Large Garage • Driveway •Front and rear gardens
New Town O/O £259,00019/3 Annandale Street• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathroom/shower rooms • Balcony • Secure private parking
Easter Road O/O £218,000165/17 Easter Road• Hall • Living room/kitchen with balcony off • Master bedroom with balcony off • Second bedroom with en suite shower room • Bathroom • Underground secure parking
Fountainbridge OIRO £200,0002/10 Melvin Walk• Hall • Sitting/dining room/kitchen • Bedroom • Shower room • Front terrace • Bike store • Allocated parking space
Wardie O/O £189,000150/6 Lower Granton Road• Hall • Sitting/dining room/kitchen • 2 bedrooms • 3 bathrooms/shower rooms • Panoramic views • Underground residents parking
Quartermile O/O £209,00024/7 Simpson Loan• Hall • Open plan living room/kitchen • Double bedroom • Shower room • Utility cupboard • Gas central heating • 24 hour concierge service
Leith O/O £199,95032 Sloan Street• Hall • Sitting room • Kitchen/dining room • 2 bedrooms • Box room • Bathroom • Communal rear garden • Unrestricted on street parking
Orchard Brae O/O £209,00070/3 Orchard Brae Avenue• Hall • Sitting/dining room with bay window • Breakfasting kitchen • 2 bedrooms • Bathroom • Balcony • Allocated parking space
Leith Links O/O £195,00036 Ryehill Avenue• Hall • Sitting room • Dining room • Kitchen • Double bedroom • Box room • Bathroom
Leith O/O £194,0003/3 Quayside Mills• Hall • Open plan living room/dining/kitchen • Two bedrooms • Bathroom • Storage • Gas central heating • Allocated parking space
Liberton O/O £189,00013/1 Craigend Park• Hall • Sitting/dining room • Kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Balcony • Garage • Residents parking
Fountainbridge O/O £189,0002/25 Melvin Walk• Hall • Sitting/dining room/kitchen • Bedroom • Shower room • Front terrace • Bike store
New Town F/P £325,0008 (GF) Bellevue Crescent• Hall • Sitting room • Dining kitchen • Bedroom • Bathrooms • Separate WC • Permit parking
Newington O/O £244,0009 Mentone Gardens• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathroom/shower rooms • Allocated off street parking space
Leith Links O/O £240,00074 Cornhill Terrace• Hall • Sitting room • Dining kitchen • 2 bedrooms • Bathroom • Utility room • Private rear garden
Our service includes comprehensive presale preparation advice from remedial works to dressing.
Kirknewton O/O £389,00055 Main Street• Sitting room • Dining room • Dining kitchen • Sun room • 4 double bedrooms • 3 bathrooms/shower rooms*Utility room • Garage/workshop
Quartermile O/O £389,00031/4 Simpson Loan• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Private secure basement parking • 24 hour concierge service
Blackhall O/O £375,00030 Carfrae Park• Sitting room • Dining room • Kitchen • 2 bedrooms • Bathroom • Front and rear garden • Garage
Dalry O/O £369,9997 Henderson Terrace• Sitting room • Dining room • Kitchen/dining room • Sun room • Four bedrooms • Bathroom • Shower room • Private front and rear garden
www.djalexanderlegal.co.uk 0131 652 73138 9
Thinking of buying or selling?Drop in to see us, we are open 7 days a week.
Call us on 0131 652 7313
Gorgie O/O £169,0001/4 Sinclair Place• Hall • Living room/dining room • Kitchen • Two bedrooms • Bathroom • Gas central heating • Double glazing • Private parking space
Easter Road O/O £160,000191/11 (3F3) Easter Road• Hall • Sitting room • Kitchen • 2 bedrooms • Bathroom • Communal rear garden
Meadowbank O/O £179,00036 (2F1) Parsons Green Terrace• Hall • Sitting room • Kitchen • 3 bedrooms • Bathroom • Communal rear garden
New Town O/O £175,000198/5 Rose Street• Hall • Open plan sitting/dining room/kitchen • Two bedrooms • Shower room • Electric heating
Old Town O/O £149,000Flat 1, 49-53 Lothian Street• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store
Leith O/O £159,0008/8 Mitchell Street• Hall • Sitting room • Breakfasting Kitchen • Master bedroom with en suite shower room • One further bedroom • Bathroom • Resident’s parking
Newington O/O £180,00024/15 East Parkside• Hall • Sitting room • Kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Residents parking
Leith O/O £179,00014/3 Queen Charlotte Street• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Allocated parking space
Bellevue FP £169,950101/8 Bellevue Road• Sitting/dining room/kitchen • Double bedroom • Shower room • Utility room • Permit parking
New Town O/O £165,000198/4 Rose Street• Hall • Sitting room • Dining kitchen • Double bedroom • Bathroom • Electric heating
Dalry O/O £159,00032/4 Orwell Terrace• Hall • Sitting room/dining room • Kitchen • Two bedrooms • Bathroom • Electric heating • Double glazing • Allocated Resident’s parking
Carrick Knowe O/O £149,00016 Broomside Terrace• Entrance staircase • Hall • Living room • Kitchen • Four bedrooms • Bathroom • Shower room • Gas central heating • Private garden area
Old Town O/O £139,000Flat 2, 49-53 Lothian Street• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store
New Town FP £145,00071/5 McDonald Road• Hall • Sitting/dining room • Kitchen • Bedroom • Bathroom • Communal garden • Permit parking
Leith O/O £149,00024/4 Poplar Lane• Hall • Sitting/dining room • Kitchen • Master bedroom with en suite shower room • One further bedroom • Bathroom • Gas central heating • Double glazing
49-53 Lothian Street - Prices Start From £139,000 ONLY 2 REMAINING
49-53 Lothian Street, Edinburgh, EH1 1HB
An exciting development of 11 studio flats in a prime city centre location opposite many departments of Edinburgh University at Bristo Square.
Old Town FP £185,000Flat 5, 49-53 Lothian Street• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store
Rental Properties
Below is a sample of properties available to let. For a full list please vist our website at www.djalexander.co.uk
Thinking of letting your property?With over 30 years experience operating in the Edinburgh rental market
D.J. Alexander will maximise your returns and protect your investment.
Please contact Rob Trotter or Melinda Illes on 0131 558 3000 newbusiness@djalexander.co.uk or visit our website for further details.
Slateford Road, Slateford• 2 Bed Flat
£760 (deposit £300)
Rose Street Lane South• 1 Bed Flat
£750 (deposit £1125)
Dean Terrace, Stockbridge• 1 Bed Flat
£800 (deposit £300)
Murrayfield Avenue, Murrayfield• 3 Bed Apartment
£1,600 (deposit £500)
Gayfield Street, New Town• 2 Bed Flat
£840 (deposit £300)
Easter Dalry Wynd, Dalry• 2 Bed Flat
£985 (deposit £300)
Lothian Street, Old Town• 1 Bed Studio Apartment
£890 (deposit £300)
Succoth Park, Murrayfield • 4 Bed House
£2,625 (deposit £500)
Wallace Gardens, Murrayfield• 2 Bed Apartment
£1,650 (deposit £2,475)
www.djalexanderlegal.co.uk10
Leith O/O £121,0005/14 Allanfield Place• Secure communal entrance • Lift • Hall • Living room/kitchen • Bedroom • Gas central heating • Double glazing • Private parking • Resident’s gym
Leith O/O £124,00090 Coburg Street• Open plan sitting/dining room/kitchen • Double bedroom • Shower room • Basement store room • Electric heating • On street parking
Leith Walk O/O £125,00031 (MD) Iona Street• Reception hall • Lower hall • Living room • Kitchen • Bedroom with partial dividing wall • Bathroom • Gas central heating • Unrestricted on street parking
Slateford O/O £139,0005 Slateford Gait• Hall • Sitting/dining room/kitchen • Bedroom • Bathroom • Landscaped grounds
Our bold and eye-catching red For Sale board is your 24 hour marketing tool.
Portfolio of 7 Residential Properties in Dundee Offers around £388,000
Flat 7, 5 Canning Street One bedroom top floor flat
5D Keats Place Two bedroom third floor flat
1/R, 51 Dens Road One bedroom first floor flat
1/R, 94 Dens Road One bedroom first floor flat
2/M, 2 Haldane Street Two bedroom second floor flat
1/R, 4 St Ann Street Two bedroom first floor flat
257B Clepington Road One bedroom, main door upper villa
All properties are for sale on short assured tenancies.
D.J. Alexander Legal Solicitors & Estate Agents1 Wemyss Place, Edinburgh EH3 6DHTel. 0131 652 7313www.djalexanderlegal.co.uk
Office Hours: 9am to 6pm Monday – Thursday9am to 5pm Friday
10am – 4pm Saturday and Sunday
Viewings by Appointment: 9am to 8pmTel. 0131 652 7313
For free market valuations call 0131 652 7313 or email propertysales@djalexanderlegal.co.uk
Glasgow Office
49a Bath Street, Glasgow G2 2DLTelephone: 0141 333 1345glasgowsales@djalexanderlegal.co.ukwww.djalexanderlegal.co.uk
David J Alexander David CourtPartner
Deirdre CooganHead of Residential Property Sales
Leseley ProudfootResidential Property Sales Manager
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