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Beechwood, 43 Park Place, Elie, Fife KY9

Scotland

£895,000

Listed on 04/06/2026

Property Details

Bedrooms
7
Type
Detached
Area
4228 sqft

Description

Beechwood represents a significant opportunity for investors and renovators, featuring a substantial Category C listed period house within the desirable coastal village of Elie. Nestled on Park Place, this property boasts an appealing traditional stone façade and generous living spaces that are in need of modernisation. The residence retains numerous original characteristics, including high ceilings, sash windows adorned with decorative glass, and period fireplaces, which all enhance its charm while also offering a canvas for personalisation.

With three levels of accommodation, the layout is conducive to family living and presents clear potential for upgrades. The welcoming entrance hall showcases a beautiful staircase and stained-glass detailing that invites you into the primary reception areas — perfect for hosting gatherings or everyday family life. The current configuration includes flexible rooms that could easily adapt to suit modern needs.

The kitchen and utility spaces at the rear are practical yet dated, providing an excellent chance to create a contemporary open-plan area with minimal structural changes required. Upstairs, spacious bedrooms and an existing sizable bathroom hold further possibilities for improvement.

Moreover, the second floor offers additional double bedrooms with eaves storage which might be transformed to maximise space utilisation. A considerable feature of this property is its range of traditional outbuildings including a garage suitable for conversion opportunities, given previous planning permissions already granted for renovations.

The expansive rear garden adds value with its seclusion and established flora; it benefits from direct access to the nearby golf course, enriching outdoor enjoyment. Previous consultations with Fife Council about development potential have been positively received; hence there’s significant investment potential here through reimagining both the main house and outbuildings.

This location is not only visually appealing with sandy beaches and stunning coastal views but also offers rich community amenities in Elie. Residents can enjoy various recreational activities — from watersports to golf — while being in close proximity to St Andrews and Edinburgh's cultural offerings.

Investment Analysis

(KY9 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£212/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Target Value
£1,491,977
10% above area average per sq ft
Potential ROI
+38.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (KY9)

Area prices are falling by -14.5% over the last 12 months
3 year growth: +10.3%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on KY9 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

Beechwood, 43 Park Place, Elie, Fife KY9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,381
Based on a loan of £671,250 over 30 years at 4.45% 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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