1-bedroom flat · KY16 9JY
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly regarded McCarthy & Stone retirement development at Scholars Gate, this beautifully presented third-floor apartment offers a perfect blend of comfort, style, and independent living for the over-60s.
Some of the rooms have been virtually staged from photographs.
The property features a bright and generously proportioned living/dining room, thoughtfully designed to provide both relaxation and entertaining space.
A modern, well-appointed kitchen is positioned just off the main living area, offering practical layout and contemporary finishes.
The spacious double bedroom benefits from integrated storage, while the wet room is designed for ease of access and convenience.
Throughout the apartment, neutral décor and quality finishes create a calm and welcoming environment, ready for immediate occupation.
Residents of Scholars Gate enjoy a secure and sociable lifestyle, with a range of on-site facilities including a house manager, communal lounge, landscaped gardens, lift access, and shared amenities designed to support independent living.
Situated in the historic coastal town of St Andrews, this property enjoys an enviable position within walking distance of the town centre, renowned for its world-famous golf courses, beaches, and vibrant café culture.
Local amenities including supermarkets, restaurants, and a post office are all within approximately 0.3–0.4 miles, making day-to-day living highly convenient.
The area is well connected via regular bus services linking to surrounding towns and Leuchars railway station, providing onward travel to Dundee, Edinburgh, and beyond.
St Andrews is widely regarded as one of Scotland’s most desirable coastal locations, offering a unique blend of scenic beauty, rich history, and a strong sense of community—ideal for retirement living.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 37 Scholars Gate, Abbey Park Avenue, St Andrews
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