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See how verdicts work3-bedroom flat · KY16 9LL
Listing removedReduced £25k (−4.3%) on 21 AugListed 185 days
Opportunity summary
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About
Spacious three bedroom flat in private development Description New Park Place is a development of seven large detached houses and twelve flats built in two blocks on the former site of New Park School.
The remaining period building has been converted into three flats for teachers at St Leonards School. The twelve flats share grounds which extend to about one acre.
This comprises the car park, and lawns with paths. There is a surface drainage area to the south. There is a dedicated parking space for each flat with additional spaces for visitors.
12 New Park Place is a ground floor flat. It has windows to the south and north. It shares its front door, hall and stairs with Flat 13 on the First Floor and Flat 14 on the second floor.
Accommodation Hall with storage cupboard and cupboard housing water tank and electricity breaker point.
Bathroom with bath with shower above Large open plan living room overlooking garden with French doors out to patio.
Double doors to kitchen with sink, integrated Smeg dishwasher, Smeg oven, microwave and induction hob with extractor above. Integrated Beko fridge/freezer and microwave.
Utility room with storage cupboards and free standing Candy washer/dryer.
Principal bedroom with fitted double wardrobes containing Baxi boiler ( MegaFlo 2 system), En suite bathroom with shower above bath. Bifold doors to patio.
Second south facing bedroom with fitted wardrobe and en suite shower room. Bedroom three with a fitted wardrobe. Location New Park Place has a wonderful setting in the historic town of St. Andrews.
The development is about a mile from the Westport at the end of South Street with all of its shops and restaurants.
The shared grounds adjoin the Lade Braes which is a belt of woodland with a footpath that leads from the countryside to the west of St Andrews all the way into the centre of town.
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: 1,379 sq ft Directions Driving into St Andrews on the A91, turn right onto City Road and right again at the second roundabout into Argyle Street which continues into Hepburn Gardens (B939).
At the roundabout continue straight to stay on Hepburn Gardens. New Park Place is on the left. Drive into the development and continue past the houses.
12 New Park Place is in the last building on the right. Additional Info Viewings: Strictly by appointment with Savills . Services: Mains water, electricity, gas and drainage.
Solicitors: Tbc Local Authority & tax band: 12 New Park Place is in Fife Council Band G. Fixtures & Fittings: The standard fixtures and fittings are included in the sale.
Curtains and furniture may be available by separate negotiation.
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.
Photographs: April 2026 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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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 12, New Park Place, Fife
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