Auction
Auction date passed
This lot went to auction on 23 September 2026 (28 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
Property · KY1 4LU
For saleListed 5 daysAuction 23 Sep · unsold, still listed
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF SEPTEMBER 2026 AT 9.00AM - ***FANTASTIC OPPORTUNITY TO ACQUIRE A TENANTED LEFT HAND SIDE GARAGE***LOCATED AT SOUTH ROW IN THE COAST VILLAGE OF COALTOWN OF WEMYSS, NEAR KIRKCALDY, FIFE***ASSET MANAGEMENT OPPORTUNITY WITH THE CURRENT ANNUAL RENT AT £150 A YEAR (SCOPE FOR MUCH HIGHER RENT)*** The garage offers practical storage space and potential for vehicle parking, subject to its size and access arrangements.
It may appeal to local residents seeking additional storage or secure parking, as well as investors looking to acquire a useful property asset.
Situated within an established residential area, the property benefits from a location within reach of Kirkcaldy and the surrounding Fife towns, providing access to a range of local amenities and transport links.
This garage represents an opportunity for buyers seeking a practical storage or parking solution in a convenient village location.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES*** - 34, Rutherford Court, Kirkcaldy, KY1 2BP, Flat, 3 bedroom - SOLD JUL'26 - £151,500 - 10, Aitken Street, Kirkcaldy, KY1 3DR, Terraced, 3 bedroom - SOLD JUL'26 - £182,500 - 19, Newton Place, Kirkcaldy, East Wemyss, KY1 4BW, Semi-Detached, 3 bedroom - SOLD JUL'26 - £195,000 ***Kirkcaldy lies 25 miles north of Edinburgh, and 27.6 miles south-southwest of Dundee and is Fife's second-largest town.***Has a population or approximately 50,000***Kirkcaldy has long been nicknamed the 'Lang Toun' in reference to the early town's 0.9-mile (1.4 km) main street, which reaches nearly 4 miles (6.4 km) and connects the burgh to the neighbouring settlements of Linktown, Pathhead, Sinclairtown and Gallatown and Dysart.***A range of typical local amenities being found nearby.***Kirkcaldy has four secondary schools and eleven primary schools***Culturally, Kirkcaldy is famous for it's Kirkcaldy Galleries the home to the town's museum and art gallery and central library.
The Adam Smith Theatre, the town's main auditorium, plays host to theatrical and musical productions as well as showing a selection of arthouse and commercial films.
The Links Market has visited the town each year for 720 years***The town benefits from excellent transport links to the motorway network via the A92 dual carriageway.*** GUIDE PRICE - £3,000 To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
Area
Agent & docs
FAQ
About Left Garage At South Row, Coaltown of Wemyss, Kirkcaldy, Fife, KY1 4LU
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