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Canongate, St. Andrews, Fife KY16

Scotland

£560,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2099 sqft

Description

This impressive detached villa boasts four spacious double bedrooms and is set within a generous plot close to the heart of St Andrews. Originally developed from two adjoining plots, this property not only provides ample living space but also comes with granted planning permission for a notable extension (reference 25/01607/full), offering significant renovation and investment potential for prospective buyers. Surrounded by picturesque wrap-around gardens filled with mature trees and vibrant plant life, the exterior features a classic roughcast finish beneath a pitched tiled roof. The light-filled interior includes two large living areas with triple-aspect windows that enhance the sense of space and natural light, while the principal bedroom enjoys an ensuite shower room, dressing area, and access to its own private terrace. Upon entering, you will find a welcoming hallway with storage and a separate cloakroom leading to distinct zones — including a lounge centered around an attractive fireplace and a contemporary dining/family room featuring wood-strip flooring and large windows that afford gorgeous southern views. The well-equipped kitchen is fitted with modern appliances — including an integrated oven installed just a year ago — complemented by an efficient gas-fired combi boiler. The first floor encompasses four double bedrooms equipped with built-in wardrobes, alongside a family bathroom and loft access. Outside, there’s ample parking via a gravel driveway leading to both garage and carport, nestled amidst well-maintained gardens showcasing diverse floral displays in summer as well as productive apple trees and various herb plants. Situated in the established residential neighborhood of Canongate, residents enjoy easy access to local amenities, parks, top-tier educational institutions including Madras College and St Leonards School, as well as excellent transport links facilitating connectivity to major cities. This property presents an exceptional opportunity for those looking to invest in their dream home while enhancing its value through thoughtful renovations.

Investment Analysis

(KY16 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£267/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£333
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£743,119
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (KY16)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +4.9%
5 year growth: +27.2%
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

Canongate, St. Andrews, Fife KY16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,020
Based on a loan of £420,000 over 30 years at 4.06% 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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