2-bedroom terraced house · KY16 9JT
For saleListed 329 days
Opportunity summary
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About
Tucked away in a peaceful off-road position in the very heart of historic St Andrews, 1 St Mary’s Cottage is a charming stone-built mid-terraced home that offers an attractive investment opportunity with a strong rental history, while also serving equally well as a stylish and comfortable private residence.
Step through the inviting front door into the spacious open-plan living, dining, and kitchen area.
The room is tastefully decorated in neutral tones with wooden flooring and recessed lighting throughout.
The kitchen is fitted with shaker-style cabinets, wood-effect worktops, and integrated appliances, providing ample storage and workspace.
The generous living and dining areas create a welcoming social hub, ideal for entertaining or relaxing at home.
Upstairs are two well-proportioned double bedrooms, both light and comfortable, offering mirrored built-in storage and modern shower room.
There is a tenancy in place on month to month rolling contract generating a rental income of £1,600 per month.
EPC Rating - C Council Band - E Tenure - Freehold Summary of Accommodation Delightful mid-terraced stone cottage Peaceful central location Bright open-plan ground floor living space Two double bedrooms and stylish shower room Gas central heating and full double glazing On-street parking Peaceful central location Location South Street is one of St Andrews’ most historic and sought-after addresses, perfectly positioned within easy walking distance of all the town’s amenities.
The property enjoys an enviable location close to the University, the Cathedral and Castle, and the beautiful East Sands beach.
St Andrews offers an excellent selection of shops, cafés, restaurants, and cultural attractions, alongside world-famous golf courses and a wide range of leisure facilities.
Regular public transport links provide easy access to Dundee, Edinburgh, and beyond, making this an ideal location for students, professionals, and families alike.
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 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: E EPC Rating: C Postcode: KY16 9JT 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: E
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.
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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 advisors 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 St Marys Cottage, 70 South Street, St. Andrews
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