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214-216, High Street, Kirkcaldy, KY1 1JT

Scotland

£125,000
Listed on 16/04/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This vacant three-story commercial building in Kirkcaldy presents a blank canvas for investors and developers looking to capitalize on a significant refurbishment project. The premises include a spacious ground-floor retail space with an adjoining storeroom, along with four sizable office areas across the upper floors. The property is positioned in a desirable location, making it ideal for conversion into serviced accommodation or other high-demand uses—subject to obtaining the relevant planning permissions. With local one-bedroom rental rates starting at approximately £80 per night, the potential income from such a transformation is notable. This is a full renovation project that offers an exceptional chance for those seeking to unlock substantial capital appreciation and generate impressive returns on investment. Properties of this nature are few and far between, making this an enticing opportunity for savvy builders aiming to add real value.

Investment Analysis

(KY1 area)
Area Average
£159/sq ft
Avg Rent (weekly)
£171
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (KY1)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +9.2%
5 year growth: +28.7%
Investment Disclaimer: Analysis based on KY1 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

214-216, High Street, Kirkcaldy, KY1 1JT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£443
Based on a loan of £93,750 over 30 years at 3.91% 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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