Saturday, September 20, 2008

5 Merchiston Grove

After much time, stress, and expense to a number of people, our Edinburgh flat is now finally on the market. With all the global economic turmoil, I am the first to admit that a sale (at the price we want) may be harder and take longer to achieve. We will see what happens and may decide to re-let the flat around New Year. We are in the lucky position of not being under pressure to sell up and can adopt a wait and see approach. As prices in Edinburgh stagnate or even fall, it seems that the rental market is growing stronger and returns from the letting of a property are increasing. Not a bad dilemma to be in.

Anyway, we have spent a bit of money recently getting some work done to the flat and it is now looking pretty nice again. A lot of the money was spent at Homebase, which gave them a mandate to run rings round us and generally waste a lot of our time. Unless it is a product I can wheel out in a trolley, I will not be spending money at Homebase again.

I guess that I had better take some time to thank a few people who have helped with the process of finally getting the flat on the market. In no particular order : Lee, Lorna, and Kit, Mr & Mrs Noble, Mrs McMeeking, Murdo MacSween.

The biggest thanks go to my parents who accepted (as usual) all the burdens placed upon them. They spent a couple of weekends in Edinburgh after work on the kitchen and bathroom were completed, and have got the place looking great.

We will see what happens.....

7 comments:

Mum - Yours said...

It was a pleasure Kane, we like a challenge! What a great flat, I would buy it. x

Anonymous said...

You will be very lucky to get £170K for it at the moment, but best of British anyway!

Obviously you have been taking too much melanin in your tea...

Kane Davidson said...

Is that right? I guess we have been inordinately lucky to have already received an offer over 170k.

Anyway, the price is offers over 170k and if we don't get the price we want, we'll just rent it out for a couple more years. No drama.

Good job you are not involved in the property side of Morison's business empire.

Anonymous said...

People are obviously taking too much melanin in their tea over here as well.....

Mr Lee said...

Hey, nice one about the offer! I saw it on ESPC and had to check it was the right address - looks a bit different now to the last time I saw it!

Kane Davidson said...

Cheers Lee.

To be honest, I don't see it reaching the magic number that we want so I feel another couple of years renting it out will be in order.

About time you posted an update on your blog.

Anonymous said...

Yes, Lee - your blog is in dire need of an update.