8-10 High Street, Kinghorn, Burntisland, KY3 9UE
By McEwan Fraser Legal
£ 165,000
Reviews
2 out of 5 stars
McEwan Fraser Legal says ..
Unique Development opportunity for four dwellings with full planning permission
Property Oracle says ..
This property at 8-10 High Street, Kinghorn, presents a significant development opportunity but requires a substantial commitment of time, money and expertise. The listing showcases a pair of buildings requiring extensive refurbishment. Images reveal significant structural issues requiring attention. The property’s location on the High Street in Kinghorn offers potential benefits, with proximity to coastal scenery and a train station. However, the lack of readily available information on local schools and amenities prevents a full assessment of the location’s attractiveness. A key concern is the lack of details on the property’s size, making a precise comparison with similar properties difficult. The existing structural issues necessitate significant investment, influencing the overall appeal of the listed price, which sits within the range of other nearby properties but without knowing the total area it’s difficult to properly assess. In essence, this is a high-risk, high-reward investment project suited only to those comfortable undertaking extensive renovation work. Potential buyers must weigh the significant investment required against the eventual potential resale value following the completion of renovations and modernization.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- 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
McEwan Fraser Legal created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Burt Avenue | £ 0 | 0 | 0.00 KM |
| Inglis Crescent | £ 0 | 0 | 0.00 KM |
| Baliol Street | £ 0 | 0 | 0.00 KM |
| Rossland Place | £ 0 | 0 | 0.00 KM |
| St James Place | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kinghorn | 9142 | KGH | 0.14 KM |
| Kirkcaldy | 9145 | KDY | 4.69 KM |
| Burntisland | 9107 | BTS | 6.64 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 8-10 High Street, Kinghorn, Burntisland, KY3 9UE | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
| Burt Avenue, Kinghorn | £ 150,000 | BUY | Unknown | 0.14 KM |
| High Street, Kinghorn, KY3 | £ 85,000 | BUY | 5 / 10 | 0.14 KM |
| North Overgate, Kinghorn, KY3 | £ 75,000 | BUY | 7 / 10 | 0.21 KM |
| Castlerig, Kinghorn, Burntisland, Fife, KY3 | £ 85,000 | BUY | 7 / 10 | 0.21 KM |