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Learmonth Place, St. Andrews, Fife

Scotland

£395,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1765 sqft

Description

This three-bedroom, two-storey property in a sought-after residential area of St Andrews offers a valuable opportunity for renovation and personalisation. The generous layout provides ample scope for modernisation, making it an excellent candidate for investors or families looking to create their ideal home. The front garden is laid with low-maintenance paving and includes a driveway alongside an attached garage complete with a workshop area. Inside, the property greets you with a bright vestibule leading into an L-shaped hallway that maximises storage space. The spacious lounge features a large front-facing window that invites natural light, and there’s a convenient serving hatch connecting to the kitchen. This kitchen, equipped with fitted units and direct access to the garden, is ripe for redesign to meet contemporary standards. Two double bedrooms on the ground floor come with built-in storage, while a comfortable family room boasts views of the green garden area. A staircase leads to the upper level, which presents potential for conversion into additional bedrooms or versatile living space, enhancing its investment appeal. The rear garden is generously sized and primarily paved for convenience, enhanced by mature planting and an apple tree—ideal for relaxation or entertaining guests. As this property lies within close proximity to St Andrews' vibrant town centre, renowned beaches, golf courses, and excellent schooling options, it represents not just a home but also a strategic investment opportunity in one of Scotland's most desirable locations.

Investment Analysis

(KY16 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£224/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£325
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£634,288
10% above area average per sq ft
Potential ROI
+42.5%
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

Learmonth Place, St. Andrews, Fife
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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
£1,447
Based on a loan of £296,250 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