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See how verdicts work2-bedroom flat · KY9 1EG
Listing removedReduced £10k (−2.9%) on 30 MayListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 The Granary is a beautifully presented ground floor apartment forming part of an iconic former granary building in the heart of Elie.
The property offers bright, well-proportioned accommodation with stunning views over Elie Harbour and across to Elie itself.
The standout feature is the impressive open plan living and dining room, a generous and welcoming space enhanced by a RAIS gas stove, wall-mounted lighting and attractive wood flooring.
An open archway leads through to the kitchen, creating an easy flow for modern living and entertaining.
The kitchen is stylishly finished with distinctive driftwood worktops, a gas hob and integrated appliances.
There are two spacious double bedrooms, both benefiting from fitted wardrobes with characterful barn strap sliding doors.
A modern fitted bathroom with shower over bath is complemented by a separate WC.
The property is finished in fresh, neutral décor throughout and further benefits from gas central heating, double glazing, a secure entry phone system and private parking.
Factor management is provided by Taylor & Martin.
EPC Rating - C Council Band - F Tenure - Freehold Summary of Accommodation • Ground floor apartment within a characterful former granary building • Secure entry phone system • Welcoming entrance hall • Impressive open plan living / dining room with harbour views • RAIS gas stove • Kitchen with driftwood worktops, gas hob and integrated appliances • Two double bedrooms • Fitted wardrobes with barn strap sliding doors • Modern bathroom with shower over bath • Separate WC • Gas central heating • Double glazing • Private parking • Stunning views over Elie Harbour and towards Elie Location Elie is one of the most sought-after villages within the picturesque East Neuk of Fife.
‘Neuk’; the old Scots word for corner, refers to this beautiful stretch of coastline which curves around the eastern peninsula of Fife, renowned for its charming fishing villages, sandy beaches and relaxed coastal lifestyle.
2 The Granary enjoys an enviable position adjacent to Elie Harbour, Ruby Bay and Elie Bay, placing the shoreline quite literally on the doorstep.
Elie is famed for its award-winning sandy beach, watersports, sailing and sea swimming, as well as the renowned Elie Golf House Club with its historic links course.
The village offers a wonderful selection of local amenities including cafés, restaurants, a traditional pub, independent shops and a well-regarded deli.
The wider East Neuk villages of St Monans, Pittenweem, Anstruther and Crail are all within easy reach, each offering their own distinct character, artisan shops and seafood restaurants.
The area is also popular for coastal walks along the Fife Coastal Path, which runs through the village.
Elie Primary School is approximately 0.4 miles away, with further primary schooling available in Colinsburgh, St Monans and Pittenweem. Secondary schooling is available at Waid Academy in Anstruther.
Rail connections can be found at North Berwick (approximately 9.6 miles), with additional services from Leven, providing access to Edinburgh and beyond.
Edinburgh is within commuting distance, making the property suitable as a permanent residence, second home or investment opportunity.
General Remarks & Information Fixtures and Fittings: Only appliances specifically mentioned in the sales particulars are included in the sale price.
In all other aspects the treatment of fixtures and fittings within the relevant Conveyancing Standard Clauses apply.
Services: Gas heating, mains water, electricity, broadband, telephone (subject to telephone providers’ regulations). Viewing: By appointment through Rettie St Andrews.
28 Bell Street, St Andrews, KY16 9UX. Email: Tel: Offers: Offers should be submitted in Scottish Legal Form to the selling agents Rettie & Co.
A closing date by which offers must be submitted may be fixed later.
Please note that interested parties are advised to register their interest with the selling agents in order that they may be advised should a closing date be set.
The seller reserves the right to accept any offer at any time.
Council Tax Band: F EPC Rating: C Postcode: KY9 1EG Tenure: Freehold Internet Website This property and other properties offered by Rettie & Co. & Rettie LLP's.
can be viewed on our website at as well as Rightmove, OnTheMarket and The London Office.
Servitude Rights, Burdens & 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 or not referred to above.
Important Notice Rettie, their clients and any joint agents give notice that: They are not authorised to make or give any representations or warranties in relation to the property either in writing or by word of mouth.
Any information given is entirely without responsibility on the part of the agents or the sellers.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. All Rettie floorplans are drawn to RICS standard.
The text, photographs and plans are for guidance only and are not necessarily comprehensive and it should not be assumed that the property remains as photographed.
Any error, omission or mis-statement shall not annul the sale or entitle any party to compensation or recourse to action at law.
It should not be assumed that the property has all necessary planning, building regulation or other consents, including for its current use. Rettie & Co.
& Rettie LLP’s have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise and ought to seek their own professional advice.
All descriptions or references to condition are given in good faith only.
Whilst every endeavour is made to ensure accuracy, please check with us on any points of especial importance to you, especially if intending to travel some distance.
No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn.
Proof and source of Funds/Anti Money Laundering Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds.
This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction.
All individuals involved in the transaction are required to produce proof of identity and proof of address.
Rettie use electronic verification, if this is not possible original documents are acceptable.
Misrepresentations The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie & Co.
or Rettie LLP’s, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.
The Purchaser(s) shall be deemed to acknowledge that they have not entered into contract in reliance on the said statements, that they are satisfied themselves as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.
Any error, omission or misstatement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.
EPC Rating: C Council Tax Band: F
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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This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About 2, The Granary, Elie, Leven
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