Newburgh Boat Yard, West Port Road, Newburgh, Cupar, Fife
By Bidwells
£ 350,000
Reviews
3 out of 5 stars
Bidwells says ..
Unique Development Opportunity in an Exceptional Setting Overlooking the River Tay
Property Oracle says ..
This property presents a unique development opportunity in Newburgh, Fife. Situated on the banks of the River Tay, the location offers scenic views and a peaceful atmosphere. The substantial land plot provides ample space for building or expansion. However, it is crucial to acknowledge that the existing structures are in a state of disrepair, requiring extensive renovation or potential demolition. The listing highlights the potential for development, appealing to buyers looking for a project. While lacking specific details on nearby amenities like schools and transportation, the location within a desirable coastal town with some proximity to High Street and other nearby streets gives it a considerable advantage. The lack of bathroom and bedroom data is notable and a significant factor to consider before purchase. The overall value proposition involves balancing the substantial land and desirable location with the substantial cost of renovation or redevelopment, making a careful cost-benefit analysis essential before making a purchase decision.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 546,663.00 £Increased by 20.32 %
- Average area rental value
- 2,315.00 £/moIncreased by 58.13 %
- Est rental Yield
- 5.08 %Increased by 31.27 %
- Crime Rate
- 0.00 %
Agent Activity
Bidwells created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| West Port Road | £ 0 | 0 | 0.00 KM |
| High Street | £ 250,000 | 0 | 0.00 KM |
| Clinton Street | £ 124,975 | 0 | 0.00 KM |
| Towerwell Place | £ 0 | 0 | 0.00 KM |
| West Shore Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Newburgh Boat Yard, West Port Road, Newburgh, Cupar, Fife | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Newburgh | £ 115,000 | BUY | 7 / 10 | 0.24 KM |
| 193 High Street, Newburgh | £ 135,000 | BUY | 7 / 10 | 0.25 KM |
| High Street, Newburgh, Cupar, KY14 | £ 375,000 | BUY | 8 / 10 | 0.26 KM |
| 165a, High Street, Newburgh, Cupar, Fife, KY146DY | £ 70,000 | BUY | 6 / 10 | 0.27 KM |