SPOTLIGHT on Murrayfield

This edition

spotlight

on Murrayfield

www.djalexanderlegal.co.uk

FOR SALE Spotlight on Murrayfield

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 Comment With 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

Murrayfield

O/O £1,495,000

Murrayfield

O/O £750,000

Murrayfield

O/O £445,000

8A Easter Belmont Road

88 Murrayfield Gardens

7 Saughtonhall Avenue

• Drawing room/kitchen/dining room • 3 bedrooms • 3 bathrooms/shower rooms • Swimming pool & fitness room • Double garage • Mature grounds/paved terraces

• Entrance vestibule • Hall • Family room • Drawing room • Kitchen • 6 double bedrooms • Private front and rear gardens

• Hall • Sitting room • Dining kitchen • 3 bedrooms • Study / bedroom 4 • Front and rear garden • Driveway parking for 3 cars

Average Property Prices 2008 V 2015 £500,000

£450,000

£400,000

£350,000

£300,000

£250,000

Looking to sell your home?

£200,000

Get in touch for a free property valuation

£150,000

£100,000 1 Bed Flat

2 Bed Flat

3 Bed Flat

House

Average Property Price: Year

1 Bed Flat

2 Bed Flat

3 Bed Flat

House

2008

£145,200

£216,009

£226,500

£447,688

2015

£158,410

£246,980

£361,743

£487,661

Average Property Prices 2013 - 2015 (Properties valued £500,000 - £1,000,000)

T: 0131 652 7313 E: propertysales@djaalexanderlegal.co.uk Murrayfield

O/A £340,000

Murrayfield

O/O £199,000

Murrayfield

O/O £172,000

8 Western Corner

22/11 Roseburn Maltings

11 (2F1) Murrayfield Place

• Hall • Sitting room • Dining kitchen • 4 bedrooms • Private garden • Parking space • Private parking • Communal private gardens

• • • •

• Hal • Sitting room • Kitchen/dining room • Double bedroom • Box room • Bathroom • Communal garden

Hall • Sitting room / dining room Breakfast kitchen with access to small balcony 2 bedrooms • Landscaped grounds Private parking

£700,000 +4.4% +4%

£650,000

£600,000

£500,000 2013

2014

2015

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New Town

Lochearnhead O/O £999,999

Musselburgh

15 Moray Place

28 Mayfield Terrace

Lochside Lodges

‘Ardalanish’ 7a Ravensheugh Road

2 South West Cumberland Street Lane

3/33 Western Harbour Breakwater

• Drawing room • Dining room • Dining kitchen • 4 bedrooms • 3 bathrooms/shower rooms • Balcony with views over Dean Valley • Permit parking

• 3 public rooms • 2 kitchens • 6 bedrooms • 2 bathrooms • Garden level store room • Front & rear gardens • Triple garage

• 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

• • • •

• Hall • Sitting room • Dining kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Private rear garden • Parking space

• Living room • Sitting/dining room • Kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Secure underground parking • Panoramic sea and city views

West End

Blackhall

New Town

Musselburgh

Murrayfield

New Town

O/O £1,300,000

O/A £900,000

Newington

O/A £1,100,000

O/O £729,000

O/O £729,000

O/O £499,999

Sitting room • Kitchen/dining room 4 bedrooms • 3 bathrooms/shower rooms Utility room • Rear terrace leading to garden Driveway

FP £447,500

New Town

O/O £479,000

O/O £445,000

Newhaven

O/O £450,000

O/O £435,000

15 Walker Street

12 Columba Road

9a Nelson Street

3 Stoneyhill Gardens

7 Saughtonhall Avenue

10a Dundas 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

• Hall • Bay window sitting room • Dining room • Breakfasting kitchen • 4 bedrooms • Study/ bedroom 5 • Bathroom • Private garden • Garage • Large driveway

• Dining hall • Sitting room • Dining kitchen • 4 bedrooms • 2 bathrooms • Play room/store room • Private rear garden • Cellars

• 4 public rooms • Kitchen • 4 bedrooms • 2 bathrooms/shower rooms • Private gardens • Driveway

• • • •

• Sitting/dining room • Dining kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Private patio • Rear courtyard shared with one neighbour • Private parking space

New Town

Colinton

Quartermile

New Town

Quartermile

O/O £510,000

O/O £575,000

O/O £499,999

O/O £415,000

Hall • 2 public rooms • Dining kitchen 3 bedrooms • Study/bedroom 4 2 bathrooms/shower rooms Front & rear gardens • Driveway

O/O £399,000

Quartermile

68 Dundas Street

143 Colinton Road

18/18 Simpson Loan

17/2 (1F2) Elm Row

13/4 Simpson Loan

28/20 Simpson Loan

• Hall • Sitting room • Dining kitchen • 3 bedrooms • 3 bathrooms/shower rooms • Three cellars • Private rear garden

• 2 public rooms • Kitchen • 3 bedrooms • 3 bathrooms/shower rooms • Utility room • Underground parking

• Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Utility room • Views over the Meadows and further afield to the Pentlands

• Sitting room • Dining kitchen • 5 bedrooms • Family bathroom • Permit parking

• Sitting/dining room/kitchen • Master bedroom with en suite shower room • One further double bedroom • Bathroom • 24 hour concierge service • Residents parking

• • • •

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O/O £394,000

Hall • Sitting/dining room/kitchen 2 bedrooms • 2 bathrooms/shower rooms Private secure basement parking 24 hour concierge service

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Kirknewton

O/O £389,000

Quartermile

O/O £389,000

Blackhall

O/O £375,000

New Town

O/O £269,000

New Town

O/O £259,000

Leith Links

O/O £240,000

55 Main Street

31/4 Simpson Loan

30 Carfrae Park

8 (GF) Forth Street

19/3 Annandale Street

74 Cornhill Terrace

• Sitting room • Dining room • Dining kitchen • Sun room • 4 double bedrooms • 3 bathrooms/shower rooms*Utility room • Garage/workshop

• • • •

• Sitting room • Dining room • Kitchen • 2 bedrooms • Bathroom • Front and rear garden • Garage

• Hall • Sitting/dining room • Kitchen • Bedroom • Bathroom • Permit parking

• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathroom/shower rooms • Balcony • Secure private parking

• Hall • Sitting room • Dining kitchen • 2 bedrooms • Bathroom • Utility room • Private rear garden

Hillside

Newington

Duddingston

Easter Road

Dalry

Hall • Sitting/dining room/kitchen 2 bedrooms • 2 bathrooms/shower rooms Private secure basement parking 24 hour concierge service

O/O £369,999

7 Henderson Terrace • Sitting room • Dining room • Kitchen/dining room • Sun room • Four bedrooms • Bathroom • Shower room • Private front and rear garden

New Town

Our service includes comprehensive presale preparation advice from remedial works to dressing.

O/O £244,000

O/O £219,000

O/O £218,000

9 Mentone Gardens

62 Northfield Drive

165/17 Easter Road

• Hall • Sitting room • Dining kitchen • 6 bedrooms • 2 bathrooms • On street permit parking

• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathroom/shower rooms • Allocated off street parking space

• • • •

Open plan sitting/dining room/kitchen Three bedrooms • Bathroom • Utility room Double glazing • Large Garage Driveway •Front and rear gardens

• Hall • Living room/kitchen with balcony off • Master bedroom with balcony off • Second bedroom with en suite shower room • Bathroom • Underground secure parking

Newington

Quartermile

Orchard Brae O/O £209,000

Fountainbridge OIRO £200,000

56/4 Thistle Street

18 (1F) Granville Terrace

15/9 Oxford Street

24/7 Simpson Loan

70/3 Orchard Brae Avenue

2/10 Melvin Walk

• Sitting/dining room • Dining kitchen • 2 Bedrooms • 2 bathrooms/shower rooms • Permit parking

• Sitting/dining room/kitchen • 2 bedrooms • Bathroom • Private parking space

• Hall • Sitting room • Kitchen • 3 bedrooms • 2 bathrooms • Permit parking

• • • •

• • • •

• Hall • Sitting/dining room/kitchen • Bedroom • Shower room • Front terrace • Bike store • Allocated parking space

Merchiston

Blackford

New Town

Leith

O/O £349,500

O/O £325,000

Merchiston

O/O £369,000

25 (3F3) Wellington Street

O/O £349,000

O/O £325,000

O/O £335,000

F/P £325,000

O/O £209,000

Hall • Open plan living room/kitchen Double bedroom • Shower room Utility cupboard • Gas central heating 24 hour concierge service

O/O £199,950

Hall • Sitting/dining room with bay window Breakfasting kitchen • 2 bedrooms Bathroom • Balcony Allocated parking space

Leith Links

O/O £195,000

Leith

O/O £194,000

18 (GF) Granville Terrace

83 Relugas Road

8 (GF) Bellevue Crescent

32 Sloan Street

36 Ryehill Avenue

3/3 Quayside Mills

• Sitting/dining room/kitchen • 2 bedrooms • Bathroom • Private front garden

• Sitting/dining room • Kitchen • Three bedrooms • Bedroom 4/sitting room • Bathroom • Shower room • Front garden • Sun terrace • Garage

• Hall • Sitting room • Dining kitchen • Bedroom • Bathrooms • Separate WC • Permit parking

• Hall • Sitting room • Kitchen/dining room • 2 bedrooms • Box room • Bathroom • Communal rear garden • Unrestricted on street parking

• Hall • Sitting room • Dining room • Kitchen • Double bedroom • Box room • Bathroom

• Hall • Open plan living room/dining/kitchen • Two bedrooms • Bathroom • Storage • Gas central heating • Allocated parking space

New Town

New Town

Marchmont

Liberton

Fountainbridge O/O £189,000

Wardie

O/O £299,995

O/O £295,000

O/O £290,000

O/O £189,000

16a Royal Crescent

2/1 Ainslie Place

43/11 Warrender Park Terrace

13/1 Craigend Park

2/25 Melvin Walk

• • • •

• Hall • Sitting room • Kitchen • Double bedroom • Bathroom • Current rent of £900 pcm, gross yield of 3.5%

• Hall • Sitting room with dual aspect • Dining kitchen • 2 bedrooms • Bathroom • Communal rear garden

• Hall • Sitting/dining room • Kitchen • 3 bedrooms • 2 bathrooms/shower rooms • Balcony • Garage • Residents parking

• Hall • Sitting/dining room/kitchen • Bedroom • Shower room • Front terrace • Bike store

Dining hall • Sitting room • Kitchen 2 bedrooms • 2 bathrooms/shower rooms Communal garden • Patio area Dry-lined cellars

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O/O £189,000

150/6 Lower Granton Road • Hall • Sitting/dining room/kitchen • 2 bedrooms • 3 bathrooms/shower rooms • Panoramic views • Underground residents parking

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0131 652 7313

New Town

Gorgie

O/O £169,000

• Hall • Open plan sitting/dining room/kitchen • Two bedrooms • Shower room • Electric heating

• Sitting/dining room/kitchen • Double bedroom • Shower room • Utility room • Permit parking

• Hall • Living room/dining room • Kitchen • Two bedrooms • Bathroom • Gas central heating • Double glazing • Private parking space

New Town

Easter Road

O/O £149,000

O/O £165,000

O/O £160,000

Flat 1, 49-53 Lothian Street

198/4 Rose Street

191/11 (3F3) Easter Road

• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store

• Hall • Sitting room • Dining kitchen • Double bedroom • Bathroom • Electric heating

• Hall • Sitting room • Kitchen • 2 bedrooms • Bathroom • Communal rear garden

Thinking of buying or selling?

Drop in to see us, we are open 7 days a week.

An exciting development of 11 studio flats in a prime city centre location opposite many departments of Edinburgh University at Bristo Square.

49-53 Lothian Street - Prices Start From £139,000 ONLY 2 REMAINING Newington

FP £169,950

1/4 Sinclair Place

49-53 Lothian Street, Edinburgh, EH1 1HB

FP £185,000

Bellevue 101/8 Bellevue Road

Old Town

Old Town

O/O £175,000

198/5 Rose Street

O/O £180,000

Meadowbank

O/O £179,000

Call us on 0131 652 7313 Leith

O/O £159,000

Dalry

O/O £159,000

Old Town

O/O £139,000

Flat 5, 49-53 Lothian Street

24/15 East Parkside

36 (2F1) Parsons Green Terrace

8/8 Mitchell Street

32/4 Orwell Terrace

Flat 2, 49-53 Lothian Street

• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store

• Hall • Sitting room • Kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Residents parking

• Hall • Sitting room • Kitchen • 3 bedrooms • Bathroom • Communal rear garden

• • • •

• Hall • Sitting room/dining room • Kitchen • Two bedrooms • Bathroom • Electric heating • Double glazing • Allocated Resident’s parking

• Open plan living/bedroom/kitchen • Shower room • Student Occupation • Communal laundry and bike store

Carrick Knowe

New Town

Leith

O/O £179,000

Hall • Sitting room • Breakfasting Kitchen Master bedroom with en suite shower room One further bedroom • Bathroom Resident’s parking

Leith

O/O £149,000

O/O £149,000

FP £145,000

14/3 Queen Charlotte Street

24/4 Poplar Lane

16 Broomside Terrace

71/5 McDonald Road

• Hall • Sitting/dining room/kitchen • 2 bedrooms • 2 bathrooms/shower rooms • Allocated parking space

• • • •

• Entrance staircase • Hall • Living room • Kitchen • Four bedrooms • Bathroom • Shower room • Gas central heating • Private garden area

• Hall • Sitting/dining room • Kitchen • Bedroom • Bathroom • Communal garden • Permit parking

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Hall • Sitting/dining room • Kitchen Master bedroom with en suite shower room One further bedroom • Bathroom Gas central heating • Double glazing

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0131 652 7313

All properties are for sale on short assured tenancies.

Rental Properties Below is a sample of properties available to let.

For a full list please vist our website at www.djalexander.co.uk

Flat 7, 5 Canning Street One bedroom top floor flat

5D Keats Place

Two bedroom third floor flat

Succoth Park, Murrayfield

1/R, 51 Dens Road

• 4 Bed House

Easter Dalry Wynd, Dalry • 2 Bed Flat

£2,625 (deposit £500)

One bedroom first floor flat

Wallace Gardens, Murrayfield • 2 Bed Apartment

£985 (deposit £300)

£1,650 (deposit £2,475)

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

Lothian Street, Old Town

Two bedroom first floor flat

• 1 Bed Studio Apartment

Gayfield Street, New Town • 2 Bed Flat

£890 (deposit £300)

257B Clepington Road

Dean Terrace, Stockbridge • 1 Bed Flat

£800 (deposit £300)

£840 (deposit £300)

One bedroom, main door upper villa

Portfolio of 7 Residential Properties in Dundee Offers around £388,000 Slateford

O/O £139,000

Leith Walk

O/O £125,000

Leith

O/O £124,000

5 Slateford Gait

31 (MD) Iona Street

90 Coburg Street

• Hall • Sitting/dining room/kitchen • Bedroom • Bathroom • Landscaped grounds

• • • •

• Open plan sitting/dining room/kitchen • Double bedroom • Shower room • Basement store room • Electric heating • On street parking

Leith

Reception hall • Lower hall • Living room Kitchen • Bedroom with partial dividing wall Bathroom • Gas central heating Unrestricted on street parking

O/O £121,000

5/14 Allanfield Place • Secure communal entrance • Lift • Hall • Living room/kitchen • Bedroom • Gas central heating • Double glazing • Private parking • Resident’s gym

Our bold and eye-catching red For Sale board is your 24 hour marketing tool.

Slateford Road, Slateford • 2 Bed Flat

Murrayfield Avenue, Murrayfield • 3 Bed Apartment

£760 (deposit £300)

£1,600 (deposit £500)

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.

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Rose Street Lane South • 1 Bed Flat

£750 (deposit £1125)

D.J. Alexander Legal Solicitors & Estate Agents 1 Wemyss Place, Edinburgh EH3 6DH Tel. 0131 652 7313 www.djalexanderlegal.co.uk Office Hours: 9am to 6pm Monday – Thursday 9am to 5pm Friday 10am – 4pm Saturday and Sunday Viewings by Appointment: 9am to 8pm Tel. 0131 652 7313

David J Alexander

David Court Partner

Deirdre Coogan Head of Residential Property Sales

Leseley Proudfoot Residential Property Sales Manager

For free market valuations call 0131 652 7313 or email propertysales@djalexanderlegal.co.uk

Glasgow Office 49a Bath Street, Glasgow G2 2DL Telephone: 0141 333 1345 glasgowsales@djalexanderlegal.co.uk www.djalexanderlegal.co.uk