Most Expensive Streets In Scotland

According to a report by the Bank of Scotland, Edinburgh holds six out of ten of the most expensive streets in Scotland, with many topping average property prices of £580,000 - £960,000.

In their report, the Bank of Scotland revealed that many of their most expensive streets were the most humble of conditions when viewed from the outside.

Warriston Crescent in Edinburgh for example consists of purely Georgian town houses which have remained externally unaltered since they were first built. However, because of this lack of modernisation (both externally and in many instances internally too), these properties are now fetching on average over £960,671.

It is no wonder why such a street is hitting the top ten when you consider its location. Close to the city centre, Warriston Crescent has a healthy balance of easy city accessibility and a rural countryside lifestyle.

Yet the same can easily be said of all the other top 9 expensive streets for Scotland property investment.

Each is either in or surrounding some of Scotland’s largest cities as well as being located close to some of their major business and political centres.

• Drumsheugh Gardens (Edinburgh) - £883,254
• Merchiston Gardens (Edinburgh)- £672,856
• Church Hill (Edinburgh) - £647,333
• Great King Street (Edinburgh) - £607,623
• Morningfield Road (Aberdeen) - £592,297
• Comiston Drive (Edinburgh) - £586,320
• Robert Smith Place (Dalkeith) - £581,875
• Royal Gardens (Glasgow) - £571,500
• Cowieson Crescent (Pitmedden) - £523,667

Although top end properties such as these have witnessed little activity as of late, estate agents feel confident that during the first quarter of 2010 they will see increased activity. Only time will tell…

Original Article

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Peter Franklin, Property Mentor Delegate

I used to believe stocks and shares were the only way forward, yet after 15 years of property investing, neither of these can compare with the sheer velocity or impact that property investment can have on your bank account. Only with property can you truly experience the power of being in control of immediate cash flow AND capital appreciation. Stocks and shares simply cannot compete. Read more