Newton Farm, East Wemyss, KY1
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Newton Farm, East Wemyss, KY1

By Delmor Estate Agents

£ 249,995

Reviews

2 out of 5 stars

Delmor Estate Agents says ..

*** UNEXPECTEDLY BACK ON THE MARKET ** FANTASTIC OPPORTUNITY***THIS PROPERTY IS SUITABLE FOR CASH BUYERS ONLY AS IN THE CURRENT CONDITION IT IS NOT MORTGABLE* Attention Property Developers * This traditional B Listed Farm House was originally built circa 1890 and sits at just over 3200 ...

Property Oracle says ..

Newton Farm is a substantial seven-bedroom property located in East Wemyss, Fife. The property is presented as a renovation project, and the images reveal a traditional building with a large garden and extensive grounds. The exterior shows signs of age and weathering, suggesting a need for both cosmetic and potentially structural updates. The interior is not shown, but it is likely to require modernisation. The property is situated in a rural setting, offering peace and quiet, but is within reasonable travelling distance of Glenrothes and Markinch train stations. The lack of detailed information on nearby schools and amenities makes a full assessment of the location challenging. The list price is high compared to smaller properties in the area, but the size of the property and the extensive land area could justify this price point for a buyer looking for a project with potential for significant return. A buyer should budget for substantial renovation costs to bring the property up to modern standards. Overall, Newton Farm presents a unique opportunity for the right buyer, but careful consideration should be given to the renovation costs and the rural location before purchasing.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
7
Bedrooms
7
Bathrooms
4
Sqft (est)
1,600.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
546,663.00 £
Increased by 20.32 %
from 454,336.00 £
Est sale value
950,400.00 £
Increased by 55.50 %
from 611,200.00 £
Average area rental value
2,315.00 £/mo
Increased by 58.13 %
from 1,464.00 £/mo
Est letting value
3,200.00 £/mo
Increased by 100.00 %
from 1,600.00 £/mo
Est rental Yield
5.08 %
Increased by 31.27 %
from 3.87 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Delmor Estate Agents created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hendrie Crescent £ 000.00 KM
Branxton Avenue £ 227,00000.00 KM
Dysart Place £ 000.00 KM
Chemiss Crescent £ 000.00 KM
St Mary's Terrace £ 129,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Glenrothes With Thornton9301GLT7.32 KM
Markinch9160MNC7.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bowhouse Way, East Wemyss, KY1 £ 184,999BUY6 / 100.70 KM
Chemiss Crescent, East Wemyss, Kirkcaldy £ 195,000BUY7 / 100.72 KM
Branxton Avenue, Kirkcaldy, KY1 £ 350,000BUY7 / 100.73 KM
Chemiss Crescent, East Wemyss £ 190,000BUY8 / 100.77 KM
Main Road, East Wemyss, Kirkcaldy, Fife, KY1 £ 175,000BUY7 / 100.83 KM