Newburgh Boat Yard, West Port Road, Newburgh, Cupar, Fife
BI

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

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 £
Average area rental value
2,315.00 £/mo
Increased by 58.13 %
from 1,464.00 £/mo
Est rental Yield
5.08 %
Increased by 31.27 %
from 3.87 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Bidwells created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
West Port Road £ 000.00 KM
High Street £ 250,00000.00 KM
Clinton Street £ 124,97500.00 KM
Towerwell Place £ 000.00 KM
West Shore Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newburgh Boat Yard, West Port Road, Newburgh, Cupar, Fife £ 350,000BUY6 / 100.00 KM
High Street, Newburgh £ 115,000BUY7 / 100.24 KM
193 High Street, Newburgh £ 135,000BUY7 / 100.25 KM
High Street, Newburgh, Cupar, KY14 £ 375,000BUY8 / 100.26 KM
165a, High Street, Newburgh, Cupar, Fife, KY146DY £ 70,000BUY6 / 100.27 KM