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See how verdicts work3-bedroom detached house · KY12 7EF
Listing removedListed 416 days
Opportunity summary
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About
Under Offer Unique opportunity offering a former Masonic Lodge building dating back to 1904, comprising a three-bedroom, two-bathroom first-floor flat and a ground-floor property that is ready for development, with permission granted for change of use to a three-bedroom home.
General features Unique and exciting opportunity First-floor residential flat and ground-floor property for development into a three-bedroom home Former Masonic Lodge dating back to 1904 Accommodation features First-floor flat: Main-door ground-floor entrance and first-floor hall Views of the three bridges Living room with French doors onto balcony Stylish, contemporary and fully integrated kitchen with separate utility room Three generous double bedrooms Modern bathroom with rainfall shower-over-bath Chic, modern shower room Gas central heating system Double-glazed windows throughout Ground-floor property: Planning permission and building warrant granted for change of use to three-bedroom home In shell condition with exposed stone walls and ready for development/conversion External features Good-sized balcony with space for alfresco dining furniture Permit available from council for parking in nearby car park This former Masonic Lodge in Dunfermline dates back to 1904 and offers a unique opportunity for residential use and development, with a three-bedroom, two-bathroom first-floor flat, finished to a beautiful modern standard, and a ground-floor property with planning permission and a building warrant already in place for change of use to a three-bedroom dwellinghouse.
The property is situated in the heart of Dunfermline and therefore enviably close to the excellent amenities it has to offer, such as a wealth of shops, including the Kingsgate Shopping Centre, regular transport links (Dunfermline City train station is a short walk away), schools at primary and secondary levels, a Fife College campus, wide-ranging pubs, restaurants, cultural and entertainment venues, and lovely green spaces.
The ground-floor property is an exciting blank canvas for the buyer to create a three-bedroom home, with planning permission and a building warrant already granted for change of use.
It is in shell condition (currently a main hall and two additional rooms) with stone walls and exposed beams, and it is ready for conversion into a modern home to be lived in or sold on.
3D images have been supplied to indicate what the layout of the home could look like after conversion.
First-floor flat: The flat has a private entrance to the side of the building, where stairs take you to a hall on the first floor, immediately setting the tone for the immaculate interiors to follow with crisp-white décor and a plush carpet.
The living room occupies a generous footprint, therefore offering plenty of space for configurations of lounge furniture, with French doors extending the space outside onto a good-sized balcony.
The living room is neutrally decorated and fitted with wood-styled flooring, and it flows openly into the kitchen, perfect for everyday life and entertaining alike.
The dual-aspect kitchen enjoys lovely views and is very well-appointed with a wide range of navy-blue cabinetry, a spacious wood-styled worktop, and mosaic-style splashback tiling.
A full complement of neatly integrated appliances comprises an oven, a gas hob, an extractor hood, a fridge/freezer, and a dishwasher, whilst a separate utility room provides a discrete space for laundry appliances.
The flat’s three double bedrooms are spacious and airy, and all three continue the pristine presentation of the preceding accommodation with white décor and comfortable fitted carpets.
All three sleeping areas are fronted by southwest-facing dormer windows capturing sunny natural light.
The property accommodates two attractively appointed and chicly tiled washrooms: one shower room and one bathroom.
The former comprises a large shower enclosure, a basin set into vanity storage, and a WC, whilst the latter comes complete with a bath with an overhead rainfall shower, handset, and glazed screen, a vanity unit with a basin inset, and a WC.
The flat is kept warm by a gas central heating system and benefits from double glazed windows.
The spacious balcony leading off the living room provides an ideal outdoor space to relax, and it is perfect for morning coffee, and evening tipple, or an alfresco meal.
A parking permit can be obtained from the council to allow the flat owner to park in a nearby car park.
Dunfermline, Fife Dunfermline is a city and former Royal Burgh in Fife and is of considerable historic significance with venues such as the Royal Palace and 12th-century Dunfermline Abbey, which is the final resting place of Robert the Bruce.
Alongside its rich heritage, Dunfermline boasts the outstanding facilities associated with a modern city, including a wide range of independent shops, supermarkets and shopping centres, a fantastic selection of cafés, restaurants and bars, plus many social and leisure facilities.
The city also boasts two theatres – Alhambra Theatre and Carnegie Hall – both of which host a varied programme of live music, theatre and events.
Nearby Fife Leisure Park hosts a 10-screen multiplex cinema, bowling and indoor golf, a Bannatyne Health Club with a gym and spa, a garden world and a good selection of restaurants.
Residents benefit from two golf courses in the surrounding area, as well as unspoilt nature on their doorstep, with woods, lochs and hiking paths all just outside the city.
Schooling is catered for from nursery to secondary level and Fife College provides tertiary education.
Dunfermline is a popular base for people working in Edinburgh, with frequent train links and the M90 ensuring a swift and convenient commute into the heart of the capital.
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
0.0% below asking
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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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Area
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FAQ
About 18-20 New Row, Dunfermline, Fife, KY12 7EF
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