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See how verdicts work2-bedroom flat · KY12 8TD
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available in today's market is this generous two-bedroom ground floor apartment with panoramic views over the River Forth from your doorstep, living by the water at its very best with off road parking adjacent and well maintained private gardens to the rear and front garden.
This home offers approximately 695 square feet of accommodation in the charming West Fife village of Newmills, ideal for first time buyers, downsizers, or investors.
The bright 15-foot living room provides a welcoming space for relaxing and entertaining, while the fitted kitchen offers good worktop and storage space.
Both bedrooms are well-proportioned doubles, with the principal bedroom particularly generous at over 12 feet in length.
A modern shower room completes the accommodation, along with several useful storage cupboards off the hall and within the rooms.
Located in Newmills, the property is well placed for local amenities and easy access to Dunfermline and the wider area, making it an excellent choice for first time buyers or those seeking a low-maintenance home.
Location The property is located in the quaint coastal village of Newmills, which lies on the shores of the River Forth.
The village has many facilities including shop, post office, nursery and primary schooling for day-to-day necessities.
Secondary schooling is available in nearby Dunfermline where the regular bus service connects giving commutable links into Edinburgh & Glasgow.
A range of specialised shops and amenities can be found in nearby Dunfermline and Kincardine offering a larger choice for the community.
For the commuter the area is central for travel for both Forth and Kincardine bridges with links to M90 motorway network.
As you would expect to find in an established community there are local organisations to join, which cater for both adults and children. Superb countryside location with country pub. Extras inc.
In sale/agents note All floorcoverings, blinds, bathroom and light fittings together with integrated appliances.
From 1st February 2022, residential properties in Scotland are required by law to have installed a system of inter-linked smoke alarms, carbon monoxide detectors and heat detectors (the "inter-linked system").
No warranty is given that any interlinked system has been installed in this property and interested parties should make their own enquiries. Viewing Morgans on EPC Rating EPC rating: C
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
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.
Area
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FAQ
About Oakum Bay, Newmills
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