3-bedroom house · KY16 9QD
Listing removedListed 176 days
Opportunity summary
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About
Mid-terrace period cottage requiring refurbishment Description 112A South Street, referred to as the Cottage, has a datestone dated 1734, and retains original features.
The slate roof was replaced in c1970, and the cement harling probably dates from the 1930s. There are several early sash and case windows.
Both the Cottage and the adjoining house at 112 South Street were rescued from ruin in the 1930s and refurbished at that time. The property is now in need of modernisation.
The accommodation is arranged over three floors. Features include: Entrance hall with double doors.
Side hall with coat hooks and store Two rooms currently fitted as bathrooms, one of which has been used by the house next door Panelled sitting room with fireplace with stove.
Galley kitchen area off with sink Bedroom 1 with built in cupboard & wardrobe Two attic bedrooms, one with dormer window Paved area outside front door Additional Property: The adjoining House, 112 South Street, with a long, walled garden is available for sale separately at offers over £425,000.
If the two properties are sold separately an agreement will need to be made to block up the door from the bathroom in the Cottage to the hall in the house to create a vertical division.
Location The Cottage, 112A South Street is accessed from a close (outside passage) off South Street in the centre of St Andrews.
It is a central location close to the University, shops, bars and restaurants.
The property is set back from the busy street but is only half a mile from the world famous Old Course with the West Sands beach beyond. St Andrews is renowned worldwide as the Home of Golf.
There are now eight golf courses under the management of the St Andrews Links Trust.
The Old Course is arguably the most famous golf course in the world and next plays host to the Open Championship in 2027.
The historic town has a good range of shops, hotels, restaurants, recreational and cultural facilities which include The Byre Theatre.
Beyond St Andrews is the East Neuk of Fife, with a spectacular coastline which boasts fishing villages built around picturesque harbours and sandy unspoilt beaches.
Access to St Andrews by rail, road and air is good. Leuchars railway station (8 miles) is on the main Aberdeen to London line and provides a link to Dundee and Edinburgh.
Edinburgh Airport, with a wide range of domestic and international flights, is 50 miles away and Dundee Airport is 15 miles.
Square Footage: 1,150 sq ft Directions The entrance to the close (outside passage) leading to 112A South Street is beside Rollos Lettings office.
The front door to The Cottage, 112A South Street is along the close on the right hand side. Additional Info Viewings: Strictly by appointment with Savills .
Solicitor: Dorka Ilonka, Rollos Law llp, 6 Bell Street, St Andrews, Fife KY16 9UX.
Tel: Email: Services: Mains water, gas, electricity and drainage Local Authority: The Cottage, 112A South Street is in Fife Council tax band E The Cottage, 112A South Street is listed category B and lies within the St Andrews Conservation Area.
Access: There is a right of access from South Street along the close (outside passage) to the front door. The adjoining house at 112 South Street has a right of access past the cottage.
Photographs: April 2026. Brochure Code: 260413
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.
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About The Cottage, 112A, South Street, Fife
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