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Edinburgh Live
Edinburgh Live
National
Sophie Buchan

Edinburgh property: Inside the Capital's most expensive and cheapest homes

Property prices in the UK are soaring to new highs and with the cost of living also rising, it can be harder and harder to secure our perfect home.

However, whilst this may be the case, it doesn't stop many of us from daydreaming whilst scrolling on Rightmove.

And we will happily admit we do try and picture ourselves living there.

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According to ESPC, which has just released its June report, the average selling price of property across Edinburgh, the Lothians and Fife is continuing to soar month on month.

From April-June 2022, the average selling price of property across all regions rose by 3.9 per cent to £280,782 and the median selling time of property was 13 days.

And overall, the Capital saw average property selling prices rise 5.2 per cent, taking the average to £302,699 - in the city centre, prices rose five per cent year-on-year, to an eye-watering £360,848.

So with this in mind, we wanted to see what the most expensive - and cheapest - property in Edinburgh looks like. Here's what we came across.

Edinburgh's most expensive property

If you are looking to move and have quite a bit to spare, then this home may be for you. And we can't blame you for loving it.

Situated in Moray Place, Edinburgh, the property offers over £4,500,000. It was put on the market on June 28 of this year.

The terrace house boasts a staggering nine bedrooms as well as offering five bathrooms.

The property offers over four million pounds. (Rightmove.)

The exceptional property has been owned by the same family for several decades. And now it's coming to the market for the first time since the 1950s.

The house, according to Rightmove, has a "fascinating history, including being used as a hospital for a period of time following the First World War. Most recently, the house has been used by the owners as a ground and garden flat and a separate home occupying the upper three floors.

They add: "As there is no physical separation, there is no barrier to occupying it as a single house. There is great potential for the new owner to configure the house to suit their own needs and to create their perfect family home."

The rooms and large and bright. (Rightmove.)

The Capital is a great place to live with many people arguing that this area is the place to be with it only being a short distance to the city centre. Even estate agents boast that "Moray Place is arguably the best address in Edinburgh's historic New Town."

If you are keen to see the property, you can find it here.

Edinburgh's cheapest property

The flat offers over £145,000. (Rightmove.)

Located on Rossie Place, Easter Road in the Capital, this flat comprises one bedroom and one bathroom. It is currently on the market for offers of over £145,000.

According to Rightmove, the well-proportioned flat lies on the first floor. It is also said to be "quietly situated to the rear of a traditional tenement, located in the popular area of Easter Road close to excellent local amenities".

It's also good news for those who are keen to visit the city centre often with the flat being within easy reach to the centre itself. And if you like a pop of colour, the living room already offers a lovely contrast wall - perfect for those who love bright colours.

The living room offers a lovely pop of colour to keep it looking fresh and bright. (Rightmove.)

Writing about the property, estate agents at Rightmove add: "This superb property offers a lovely home in a sought after location and benefits from double glazing and gas central heating.

"In brief, the accommodation comprises; hall with storage cupboard currently housing a fridge freezer, sitting room with dining recess, separate fitted kitchen, double bedroom with built in mirrored wardrobes, and stylish bathroom."

If you are keen to see the property, you can find it here.

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