Worst House on the Street Logo
Forgan Place, St. Andrews, KY16 - Image 1
Forgan Place, St. Andrews, KY16 - Image 2
Forgan Place, St. Andrews, KY16 - Image 3
Forgan Place, St. Andrews, KY16 - Image 4
Forgan Place, St. Andrews, KY16 - Image 5
Forgan Place, St. Andrews, KY16 - Image 6
Forgan Place, St. Andrews, KY16 - Image 7
Forgan Place, St. Andrews, KY16 - Image 8
Forgan Place, St. Andrews, KY16 - Image 9
Forgan Place, St. Andrews, KY16 - Image 10
Forgan Place, St. Andrews, KY16 - Image 11

Forgan Place, St. Andrews, KY16

Scotland

£257,500
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
873 sqft

Description

This three-bedroom family home is situated in a quiet cul-de-sac, providing a sense of community while being conveniently located within walking distance of the town center. The property comes with a Short-Term Letting Licence suitable for up to five occupants, offering potential for rental income through home sharing or letting. Inside, the home is presented in good condition and neutrally decorated, allowing new owners to move in seamlessly while also envisioning renovation opportunities. The spacious lounge features a large picture window that overlooks the rear garden, flooding the space with natural light. Ample storage is available with an under-stair cupboard. The kitchen has been designed for practicality and comfort, featuring modern wall and floor units alongside essential appliances including a tall fridge/freezer. An enclosed rear garden provides low-maintenance landscaping with gravel and mature shrubs, alongside a brick outbuilding for bike storage. Importantly, there is potential to extend into this garden space pending local consents—an attractive option for those looking to increase living area or value. Upstairs, two generous double bedrooms offer plenty of room and storage options, each with views over the garden. The third bedroom may be smaller but can comfortably accommodate a double bed when furnished. The bathroom features fully tiled walls and includes an over-bath shower that could be converted into a walk-in option if desired. Additional storage can be found in the loft, which is partially floored and equipped with electric lighting. This property benefits from proximity to local amenities such as schools, shops, and medical services while being well-connected by public transport. Its combination of location, potential for improvement, and existing rental licensing make it an intriguing investment opportunity for both residential buyers and investors alike.

Investment Analysis

(KY16 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£295/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£325
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£313,730
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (KY16)

Area prices are falling by +11.4% over the last 12 months
3 year growth: -4.1%
5 year growth: 22.2%
Investment Disclaimer: Analysis based on KY16 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

Forgan Place, St. Andrews, KY16
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£943
Based on a loan of £193,125 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE