2-bedroom flat · KY6 2SJ
Listing removedListed 155 days
Opportunity summary
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About
The "Blank Canvas!" Fantastic opportunity to put your own stamp on this spacious two-bedroom upper flat, perfectly nestled within one of Glenrothes’ most desirable and sought-after precincts!
Featuring an entrance porch, bright lounge, kitchen, and bathroom, this four-in-a-block property requires a full scheme of upgrading and renovation throughout-offering the ultimate blank canvas for first-time buyers, downsizers, or savvy investors looking to create their dream home.
The property is set in the highly sought after Pitteuchar precinct with good amenities close-by including schools, the town centre, Rothes Halls Theatre and Library and the Michael Woods Leisure Complex.
The property is within easy reach of the A92 trunk road which provides access throughout Fife and on to Dundee, Edinburgh, Perth and beyond.
There is a local extensive bus service across Fife and beyond and Train Stations are nearby at both Thornton and Markinch.
The surrounding Fife countryside is ideal for outdoor pursuits including Cluny Clays Activity Centre, Lomond Hills Regional Park, Balbirnie Park, Markinch, Riverside Park to name but a few.
There is an abundance of golf courses very nearby and St Andrews, home of golf, is a 30 minute drive away. Entry Entry to the property is via uPVC door with double glazed panel into entrance porch.
Entrance Porch Entrance porch with storage cupboard and stairs to the upper landing Upper Landing Provides access to the lounge, both bedrooms and bathroom.
Cupboard housing the meters and access to loft. Lounge (4.75 x 3.78 (15'7" x 12'4")) Front facing lounge, spacious and ready to put your own stamp on it.
There is a gas fire in the lounge flued via a wall vent. Also an electric wall heater to one wall. We cannot guarantee either are in working order. Door into kitchen.
Kitchen (3.06 x2.13 (10'0" x6'11")) Rear facing kitchen, functional but in need of modernisation. Space for appliances, sink and drainer.
Bedroom (3.1 x 3.0 (10'2" x 9'10")) Front facing bedroom with double cupboard doors into wardrobe, offering hanging and storage space. Further cupboard with shelves.
Bedroom (3.08 x 2.29 (10'1" x 7'6")) Rear facing bedroom, again benefits from double cupboard doors, providing hanging and storage space.
Bathroom Rear facing bathroom with bath, toilet and wash hand basin. Handy cupboard with shelves and housing the cold water tank. Again requiring upgrading.
Double Glazing The property benefits from double glazing. Heating/Hot Water There is a gas fire and an electric storage heater in the lounge. We cannot guarantee these are in working order.
There is a pre-insulated hot water storage tank with immersion heater located within the bathroom cupboard.
Gardens The property benefits from a lawned area to the front and a shared section to the side. Garage There is a single lock-up garage located in an end terraced block nearby, number 160.
This is of brick construction with a flat bituminous felt covered roof. There is a metal up and over access door. Viewing Viewing by appointment. Please call us on or email to book your time slot!
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 80, Balnagowan Drive, Glenrothes
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