2-bedroom flat · KY16 8FG
Listing removedListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kingdom Initiatives has nine 2-bedroom unfurnished flats available approximately mid-September 2026 for Mid-Market Rent. This property is centrally located and close to local amenities.
The property is neutrally decorated throughout and benefits from soft furnishings of carpets/vinyl and blinds.
Property comprises of; • 2 Double bedrooms • 0 Single bedrooms •Lounge •Modern kitchen with oven and hob included •Bathroom comprising of 3 piece suite, shower screen and shower over bath •Double glazing •GCH •EPC banding - B The rent is £719.44 per calendar month, payable on the first of each month.
For this property you will be required to pay a deposit of £719.44 at time of allocation and the rent apportioned for the month If you are interested in this vacancy, please register your interest through Lettingweb by 21st August 2026 at 9am.
The advert will be closed at this time and we will be in contact with the top applicant. Please check your spam folder for our emails.
The following criteria applies: No lower income threshold, and the current upper income threshold is £65,000 All household income is taken into consideration (not just applicants).
Applicants should not spend more than 35% of their income on rent. We will consider household size/ property size.
Applicants above the threshold will still be considered however as this is a mid market rent property those within the income will be given priority. Notes of interest cannot be taken via telephone.
Failure to send your enquiry digitally will exclude you from any shortlist. Please note we will only contact the top applicant.
Please note this is not student accommodation Landlord registration: LARN2211004
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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
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FAQ
About David Leitch Road, St. Andrews, KY16 8FG, St. Andrews
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