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See how verdicts work4-bedroom terraced house · KY10 2NQ
Listing removedListed 87 days
Opportunity summary
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About
A UNIQUE OPPORTUNITY to acquire two established, highly successful holiday lets in an iconic coastal location on The Fife Coastal Path.
• Stunning coastal setting right on historic Pittenweem harbour • Well maintained, spacious accommodation • Central location, with all village amenities on hand • Highly successful, proven holiday lets • Private walled garden Rateable Value: The Flour Loft, No 8 - £7,500 The Hayloft, No 9 - £3,300 EPC Rating: The Flour Loft, No 8 - Band C The Hayloft, No 9 - Band C Tenure – Freehold FOR SALE AS A WHOLE Property Details & Description Situation A wonderful and unique proposition, the two properties are located right on the iconic harbour within the sought after East Neuk conservation village of Pittenweem, in the heart of Fife’s beautiful and sought after East Neuk coast.
The villages of Pittenweem, Anstruther and Crail offer a good range of shops, services, amenities and primary and secondary schools. Pittenweem’s annual arts festival is a very popular event.
From Pittenweem there is easy access along the whole of the East Neuk from Elie to Crail.
The ancient, historic and cosmopolitan town of St Andrews – the world “Home of Golf” - is less than a twenty-minute drive to the north, offering an excellent range of facilities along with a highly regarded university.
The popular county market town of Cupar is some fourteen miles to the north-west and the city of Dundee within a forty-five-minute drive to the north.
Edinburgh is about an hour and twenty minutes to the south.
Surrounding Pittenweem is an area of outstandingly beautiful Fife countryside comprising a wonderful mix of fertile farmland, woodland, hill, stunning coastline and river.
The area offers an array of wildlife and for the outdoor enthusiast provides a wide range of recreational pursuits including riding, cycling, walking, sailing and golf with many highly rated courses within easy reach including courses at Anstruther, Crail, Kingsbarns, St.
Andrews Bay, Elie, Leven, Ladybank, Lundin Links and the numerous fine courses in and around St. Andrews where the Old Course regularly hosts the British Open – the last visit to St.
Andrews was in July 2022 for the event’s one hundred and fiftieth anniversary.
The properties are well placed for accessing the various pretty fishing villages of Fife’s quaint East Neuk whilst in terms of days out the wide-open spaces of the Lomond Hills are not far away along with a number of popular National Trust for Scotland properties which include Kellie Castle, Hill of Tarvit and Falkland Palace.
Fife’s beautiful and varied coastline includes several good sandy beaches such as Kingsbarns, Crail, Elie and St.
Andrews with direct access to the popular Fife Coastal Path which winds its way through Pittenweem harbour. There are railway stations at Leuchars, Cupar, Ladybank, Markinch and Kirkcaldy.
Edinburgh is airport less than an hour and twenty minutes to the south and the regional airport at Dundee offers a selection of short-haul flights.
Description A unique proposition comprising two successful and established holiday lets, both benefiting from Short Term Let Licences valid until May 2027.
The Flour Loft, 8 East Shore, Pittenweem, KY10 2NQ The Hayloft, 9 East Shore, Pittenweem, KY10 2NQ Accessed via a private pend, The Flour Loft and The Hayloft are discreetly tucked away to the rear of Maime's Harbour View, 9 East Shore, Pittenweem offering a charming sense of privacy and seclusion.
Beautifully converted from the original flour loft and hayloft of the former Tod's Bakery, these characterful interconnecting properties provide immaculately presented accommodation.
The Flour Loft and The Hayloft have been thoughtfully converted to create two distinctive and beautifully presented holiday lets, each offering characterful accommodation with a high standard of finish throughout.
The Flour Loft offers charming open-plan living, over two levels with a spacious sitting, dining and kitchen area creating a welcoming and sociable environment.
A generous double bedroom with en suite shower room on the second floor provides comfortable accommodation, making it ideally suited to couples seeking a coastal retreat.
The Hayloft is arranged over two levels and offers particularly flexible accommodation.
The first level features a bright open-plan living, dining and kitchen space, alongside a well-proportioned en suite bedroom.
The second floor hosts two further generous double bedrooms, both benefiting from en suite facilities.
The layout is ideally configured for family holidays or larger groups, offering comfort, privacy and versatility.
Together, these attractive properties combine period character with modern convenience and form an established and successful holiday letting business in one of the East Neuk's most sought-after coastal locations.
Exterior There is a small rear courtyard with shared access for each of the two properties. The properties enjoy shared access to the lovely walled rear garden.
General Remarks & Information Viewing Viewing is strictly by appointment with the selling agents Rettie & Co, 28 Bell Street, St Andrews KY16 9UX. Tel: . Satellite Navigation The postcode is KY10 2NQ.
Fixtures and Fittings Only items specifically mentioned in the particulars of sale are included in the sale price.
Most of the furniture and contents are available to purchase by way of separate negotiation. Entry & Possession Entry and vacant possession will be by mutual agreement and arrangement.
Services Mains water, electricity, gas and drainage.
EPC Rating - The Flour Loft - Band C The Hayloft - Band C Ratable Value The Flour Loft Band £7,500 The Hayloft Band £3,300 Title Condition There is a planning condition specifying that both The Flour Loft and The Hayloft can only be used for holiday letting purposes and not as permanent residences.
There may, however, be scope to seek a change of use for full residential occupation, subject to obtaining the necessary planning permissions and consents.
Home Report A Home Report incorporating a Single Survey, Energy Performance Certificate and Property Questionnaire is available for parties genuinely interested in this property.
Please contact us, either by telephone or via the website entry for this property, to request a copy.
No charge is made for electronic copies; a paper copy can also be made available from our offices or by post, at a charge of £20 to cover reproduction and administrative costs.
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: 1.
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. 2. 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. 3.
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 All sellers and buyers will be required to complete Anti-Money Laundering (AML) checks via our specialist third-party provider, Coadjute, who conduct these checks on our behalf.
These checks will include identity verification, proof of address, and proof of funds if applicable.
For further information on how your personal data is processed, please refer to Rettie's Privacy Policy and Coadjute's Data Security Statement. Misrepresentations 1.
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. 2.
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.
3.
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: NA
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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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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