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55 High Street, Kinross, KY13 - Image 1
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55 High Street, Kinross, KY13

Scotland

£499,000
Listed on 14/10/2025

Property Details

Bedrooms
8
Type
Detached house

Description

This distinctive three-story stone villa is situated in the heart of Kinross High Street, giving it easy access to local amenities, schools, and transport links. Currently functioning as a retail unit and a day nursery, the property presents significant renovation and investment opportunities for prospective buyers. With full planning permission already in place for conversion into an 8-bedroom luxury home, this property has the potential to become an impressive family residence. Alternatively, with further planning approvals, it could be adapted into multiple luxurious apartments. The spacious layout includes high ceilings and large windows that enhance its charm while providing ample natural light. Currently divided into a ground floor retail space and upper-level nursery facilities, the existing configuration offers a flexible starting point for redevelopment. The planned layout includes a welcoming entrance vestibule leading to various living areas on the ground floor—such as a family room, kitchen/dining area with pantry, utility room, and study—culminating in an expansive setting perfect for entertaining or family life. The first floor is designed to house a master suite complete with a walk-in wardrobe and en-suite bathroom, alongside additional bedrooms and a family bathroom. The second floor is allocated for further bedrooms and another bathroom. A sizable enclosed garden at the rear provides private outdoor space adorned with mature trees and patio areas—ideal for future landscaping or recreational use. Additionally, on-street parking options are readily available in the vicinity. This property not only boasts character but also enormous potential for those looking to invest in its transformation into a sought-after dwelling or apartment complex in a vibrant community setting. Viewing is encouraged by appointment only to fully appreciate what this unique opportunity has to offer.

Investment Analysis

(KY13 area)
Area Average
£233/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
81%
Properties sold annually

Local Market Trend (KY13)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 5.7%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on KY13 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

55 High Street, Kinross, KY13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,828
Based on a loan of £374,250 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.

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