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Smugglers Inn, Harbour Place, Burntisland, Fife, KY3

Scotland

£195,000

Listed on 19/05/2026

Property Details

Bedrooms
4
Type
Commercial Property

Description

This property presents a unique opportunity for investors and renovators looking to capitalize on a mixed-use asset in Burntisland. Strategically located near the bustling high street, this building currently features a commercial unit that has previously operated as a pub and is approved for conversion into a bar or restaurant. The ground floor includes valuable amenities such as kitchen facilities, storage, and accessible bathrooms alongside three ensuite bedrooms. The upper levels consist of two spacious flats each containing four bedrooms, kitchens, and living areas, offering ample potential for income generation. With existing tenants in place for the ensuite rooms and one flat generating rental income, the property is already cash flow positive. Investors have several options: it could be transformed entirely into an accommodation-focused venture—such as an aparthotel or B&B—potentially yielding significant annual returns. Alternatively, with renovations to convert the commercial space further or develop additional residential units, this property holds substantial value enhancement opportunities. Given recent sales in the area that suggest strong demand, this project stands out for those seeking both immediate cash flow and long-term capital growth in a vibrant coastal town with rich historical significance.

Investment Analysis

(KY3 area)
Area Average
£208/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
89%
Properties sold annually

Local Market Trend (KY3)

Area prices are falling by -15.3% over the last 12 months
3 year growth: +0.1%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on KY3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Smugglers Inn, Harbour Place, Burntisland, Fife, KY3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£696
Based on a loan of £146,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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