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Balnagowan Drive, Glenrothes

Scotland

£70,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom upper flat presents a prime opportunity to customize and enhance a spacious layout, situated in the desirable Pitteuchar precinct of Glenrothes. Featuring an entrance porch leading to a bright lounge, functional kitchen, and bathroom, this property is ready for a comprehensive renovation, allowing prospective buyers or investors the chance to create a tailored living space. The flat offers an inviting atmosphere with potential for modern upgrades throughout. Conveniently located close to local amenities including schools, Rothes Halls Theatre and Library, as well as the Michael Woods Leisure Complex, it also boasts excellent transport links via the nearby A92 trunk road and local bus services. The beautiful Fife countryside is easily accessible, offering numerous outdoor activities. The accommodation comprises an entrance porch with storage, an expansive lounge with potential for reconfiguration, two bedrooms with built-in storage options, and a bathroom that invites modernization. Although double glazing is featured throughout, the property's heating system requires attention. A shared garden area and the added benefit of a nearby garage enhance this offering further. This flat is ideal for first-time buyers looking to create their dream home or investors seeking profitable rental opportunities in a sought-after location.

Investment Analysis

(KY6 area)
Area Average
£146/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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
92%
Properties sold annually

Local Market Trend (KY6)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +11.3%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on KY6 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

Balnagowan Drive, Glenrothes
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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
£250
Based on a loan of £52,500 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.

Stamp Duty Calculator

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