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South Street, St. Andrews, Fife, KY16

Scotland

£375,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1150 sqft

Description

This mid-terrace period cottage, known as The Cottage, dates back to 1734 and boasts a wealth of original features that are ripe for restoration. While the property has undergone some refurbishment in the past, primarily in the 1930s, it is now in need of significant modern updates to bring it up to contemporary standards. With three floors of accommodation, this cottage provides ample space to reconfigure and customize a living environment tailored to personal tastes. Key elements include an entrance hall with double doors, a side hall with storage options, and two rooms currently designated as bathrooms—one shared with the adjoining property. The inviting panelled sitting room features a fireplace equipped with a stove, leading to a galley kitchen area. Additionally, there are three bedrooms available: one on the main level and two attic spaces with dormer windows that could be transformed into cozy retreats. Outside, there's a paved area suitable for creating an attractive entryway or outdoor seating space. Located in the heart of St Andrews, this property allows easy access to local amenities such as shops, restaurants, bars, and renowned recreational sites like the Old Course and West Sands beach—making it not just a home but also an investment opportunity in a prestigious area known globally for golf. Given its rich historical context and potential for enhancement within the St Andrews Conservation Area, this property holds significant appeal for investors looking to modernize while preserving its character.

Investment Analysis

(KY16 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£326/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£432,883
10% above area average per sq ft
Potential ROI
-0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (KY16)

Area prices are falling by -5.6% over the last 12 months
3 year growth: +5.0%
5 year growth: +29.3%
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

South Street, St. Andrews, Fife, KY16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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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