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Burnside, Auchtermuchty, Fife KY14

Scotland

£49,995

Listed on 09/06/2026

Property Details

Bedrooms
N/A
Type
Retail

Description

This property presents a noteworthy opportunity for transformation within the conservation area of Auchtermuchty. Currently operating as an unoccupied commercial shop, this split-level unit spanning approximately 70.53 sq m (760 sq ft) holds excellent potential for redevelopment into a two-bedroom residential apartment, pending necessary planning and change of use approvals from the local authority. While plans have been drafted for a comfortable layout including a lounge/kitchen, two bedrooms, and a bathroom, they remain unsubmitted, allowing the new owner to tailor them further. The existing structure features a spacious main area with single-glazed windows that invite natural light and highlight architectural elements like an exposed stone wall with a feature fireplace. The layout has potential with its unique stepped design leading to another naturally lit room, which includes an unconnected boiler and storage space. The hallway offers access to essential facilities including a WC that requires modernisation. The flooring combines stone and floorboards, indicating areas where repair or replacement is needed. It’s important to note that while some preliminary works have been undertaken—including drainage piping and electrical wiring—these systems are not yet connected to utilities. This project invites savvy investors or buyers looking to create value through renovation in an attractive locale with local amenities and transport links nearby.

Investment Analysis

(KY14 area)
Area Average
£188/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (KY14)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +10.3%
5 year growth: +41.3%
Investment Disclaimer: Analysis based on KY14 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, Auchtermuchty, Fife KY14
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,496 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.

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