2-bedroom flat · KY16 9HW
Listing removedListed 171 days
Opportunity summary
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About
Newly converted apartment within a period building, ideally located close to the Old Course Description Built of stone under a pitched slate roof, the property originally operated as a shop, warehouse, and workshop in Victorian times.
It has since been converted into five luxury apartments.
Features include: Decorated and finished to an exceptionally high standard Bespoke kitchen with Caesarstone Quartz worktops Bosch oven, Bosch hob, Bosch microwave and Bosch fridge Hoover washer/dryer Bespoke wardrobes/desk New timber double glazed sash and case windows Zoned underfloor electric heating Highly insulated Luxury vinyl flooring Starlink WiFi Electronic keypad entry Video entry system Flat 2 is on the first floor.
A keypad entry system gives access to a shared ground floor hall with post boxes for each apartment. Stairs lead up to the first floor. Front door to apartment with store cupboard to the side.
Living room / kitchen with two full height windows, one with window seat. White marble fireplace with cast iron electric stove. Two bedrooms both with built in wardrobes.
Shower room with Mira Galena electric shower, Duravit WC and washbasin, heated towel rail and fitted mirror.
Location 28 City Road is set just outside the town centre of the historic town of St Andrews.
It is beside the bus station with Kinburn Park beyond and is close to Golf Place, the R&A Clubhouse, the world famous Old Course and the West Sands Beach.
St Andrews is renowned worldwide as The Home of Golf. There are now seven golf courses at St Andrews including the Old Course, which will next host the Open Championship in 2027.
There are many other golf courses in the area including The Duke’s Course, two courses at Fairmont, St Andrews Bay, Kingsbarns, Crail, Dumbarnie and Elie.
St Andrews has a good range of shops, hotels, restaurants and supermarkets, a cinema and the Byre Theatre.
The town has several primary schools, secondary schooling at Madras College and a private school at St Leonards.
Beyond St Andrews is the East Neuk of Fife with its spectacular coastline which boasts fishing villages built around picturesque harbours and sandy unspoilt beaches.
Leuchars railway station (5 miles) is on the main Aberdeen to London line and connects to Dundee and Edinburgh.
Edinburgh Airport, with its range of domestic and international flights, is 50 miles away.
Square Footage: 482 sq ft Directions Driving into St Andrews on the A91, turn right at the mini roundabout onto the A915 (City Road). The shared driveway to 28 City Road is on the right.
Additional Info Viewings: Strictly by appointment with Savills . Solicitor: Nigel Ford Services: Mains water, drainage and electricity. Electric heating system. Flat 2,28 City Road is in Fife Council.
Council Tax band C. Flat 2,28 City Road is within the St Andrews Conservation Area. Fixtures & Fittings: The fixtures and fittings are included in the sale.
Furniture may be available by separate negotiation. Common Parts: All flats will share the cost of stair cleaning, window cleaning and WiFi. Photographs: April 2026.
Servitude rights, burdens and wayleaves The property is sold subject to and with the benefit of all servitude rights, burdens, reservations and wayleaves, including rights of access and rights of way, whether public or private, light, support, drainage, water and wayleaves for masts, pylons, stays, cable, drains and water, gas and other pipes, whether contained in the Title Deeds or informally constituted and whether referred to in the General Remarks and Stipulations or not.
The Purchaser(s) will be held to have satisfied himself as to the nature of all such servitude rights and others.
Offers: Offers, in Scottish legal form, must be submitted by your solicitor to the Selling Agents.
It is intended to set a closing date but the seller reserves the right to negotiate a sale with a single party.
All genuinely interested parties are advised to instruct their solicitor to note their interest with the Selling Agents immediately after inspection.
Deposit: A deposit of 10% of the purchase price may be required. It will be paid within 7 days of the conclusion of Missives.
The deposit will be non-returnable in the event of the Purchaser(s) failing to complete the sale for reasons not attributable to the Seller or his agents.
Important notice Savills, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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