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Collessie, Cupar KY15

Scotland

£90,000Guide Price

Listed on 25/01/2024

Property details

Bedrooms
N/A
Type
Land

Description

This offering includes three distinct house plots located conveniently near Trafalgar Junction in By Collessie, Fife. Each plot has been granted planning permission for the construction of a detached dwelling, providing a solid foundation for prospective self-builders or investors seeking to capitalize on the growing demand for residential properties in this area. The plots range from approximately 0.30 to 0.54 acres, which allows for generous gardens and outdoor space typical of modern housing needs. Crucially, mains water and electricity are being installed at a cost of around £30,000 by the sellers, creating immediate access to essential services upon completion. The proximity to major transport links including the A91 offers easy commutes to nearby towns like Cupar and Auchtermuchty, enhancing their attractiveness for future residents. The outlined planning consent has paved the way for two substantial houses, each potentially featuring designs that allow for expansive living areas including rooms with sloped ceilings. Additional land totaling 15.81 acres is available for rental at competitive rates, enhancing potential recreational or agricultural usage. The area is rich in natural resources and wildlife due to its location near Birnie Hill Nature Reserve, making it an appealing site not only for building homes but also as a communal lifestyle choice within a thriving local community characterized by its amenities and rural charm.

Investment analysis

(KY15 area)
Area Average
£207/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (KY15)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +10.4%
5 year growth: +18.3%
Investment Disclaimer: Analysis based on KY15 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

Collessie, Cupar KY15
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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
£340
Based on a loan of £67,500 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

This calculation uses non-residential (land/commercial) tax rates.

Price History

-10.0% since listed
£90,000£10,000(-10.0%)
14/04/2023
Current price
£100,000Initial listing
04/11/2022

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