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North Street, St. Andrews, Fife

Scotland

£650,000
Listed on 18/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1614 sqft

Description

This intriguing three to four-bedroom terraced home is situated within a traditional fisherman’s tenement, right in the vibrant heart of St Andrews. Characterized by its spacious layout and period features, the property not only offers comfortable living but also presents significant renovation and investment opportunities. The ground floor greets you with a handy entrance hall featuring built-in storage, leading into a cozy lounge complete with a feature fireplace. This space flows seamlessly into a versatile room that can function as an additional bedroom or office, along with convenient access to a shower room. The dining kitchen is fitted with an electric hob and offers ample area for casual dining and entertaining. Upstairs houses three generously sized double bedrooms, all equipped with built-in storage solutions, plus another shower room and separate WC. Notably, the upper landing provides pull-down access to an expansive shared attic space that has great potential for transformation into additional living or sleeping areas via a dormer loft conversion—pending necessary permissions. Currently benefiting from an HMO licence for three occupants (Licence No: F04879/23), the property generates approximately £2,300 in monthly rental income, making it particularly appealing for investors or those looking to occupy while exploring potential renovations. The location is ideal, being close to local amenities such as shops and cafes, as well as the scenic coastlines of St Andrews.

Investment Analysis

(KY16 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£403/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£568,749
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (KY16)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +3.5%
5 year growth: +30.1%
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

North Street, St. Andrews, Fife
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% 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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