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Burnside Cottage, 23 Northall Road, Markinch, KY7 6JR - Image 1
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Burnside Cottage, 23 Northall Road, Markinch, KY7 6JR

Scotland

£255,000

Listed on 08/06/2026

Property Details

Bedrooms
2
Type
Cottage
Area
915 sqft

Description

Presenting a charming detached cottage offering significant potential for renovation and expansion, subject to planning approval. This two-bedroom home features inviting public spaces, including a sitting room with a wood burner and a separate dining area that connects to a modern breakfasting kitchen. The property benefits from double glazing and gas central heating, which provide a comfortable living environment. Set within generous grounds characterized by wrap-around gardens, this cottage is not only appealing for personal use but also presents an excellent investment opportunity with enough space for potential extensions or additional structures. Located in the historic town of Markinch, residents enjoy easy access to local amenities and excellent transport links. With its traditional features and sizable outdoor space, this property is ideal for buyers looking to make their mark with renovations while enhancing its existing charm.

Investment Analysis

(KY7 area)

Above Market Value

This property is priced +60.8% above area average per sq ft

+60.8%
This Property
£279/sq ft
Area Average
£173/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£174,426
10% above area average per sq ft
Potential ROI
-46.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (KY7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +31.3%
5 year growth: +33.6%
Investment Disclaimer: Analysis based on KY7 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

Burnside Cottage, 23 Northall Road, Markinch, KY7 6JR
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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
£963
Based on a loan of £191,250 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.

Stamp Duty Calculator

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