29, Lodge Walk, Elie, KY9 1DD

2-bedroom flat · KY9 1DD

1,065 sq ft1 bath

Asking

£257,000

Listing removedReduced £18k (−6.5%) on 6 AugListed 197 days

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Opportunity summary

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About

The property

An attractive and well-presented two-bedroom first-floor apartment forming part of a modern residential development in the highly sought-after coastal village of Elie.

Accessed via an external staircase, the property offers bright and spacious accommodation throughout, ideally suited as a permanent residence, holiday home, or investment opportunity.

The accommodation comprises a welcoming entrance hall providing access to all principal rooms, a generous living room with ample space for seating and dining, and a well-appointed dining kitchen fitted with a range of base and wall-mounted units.

There are two well-proportioned bedrooms, including a spacious principal bedroom with fitted storage, and a second bedroom suitable for guests or home working.

A contemporary bathroom completes the internal layout. Externally, the property benefits from a ground floor store, shared access areas, and private parking.

The elevated position and dormer-style windows enhance natural light and contribute to the property’s airy feel. The home is presented in move-in condition with neutral décor throughout.

Elie is a picturesque seaside village located in the highly desirable East Neuk of Fife, renowned for its stunning sandy beaches, coastal scenery, and relaxed lifestyle.

The property is within easy walking distance of Elie Beach, a long, unspoilt stretch of sand popular for walking, water sports, and leisure activities.

The village offers a range of local amenities including a convenience store, independent shops, cafés, and restaurants, as well as a primary school nearby.

The surrounding area is known for its charming fishing villages and excellent leisure facilities, including golf courses, sailing, and coastal paths.

St Andrews, approximately 14 miles away, provides a wider range of amenities and is internationally recognised for its university and golfing heritage.

Transport links include nearby bus services and rail connections from Leuchars and Cupar, offering access to Dundee, Edinburgh, and beyond.

Key information

Price per Square Foot

£241/sq ft

Based on 1,065 sq ft (99 sq m)

Floor Area

1,065 sq ft (99 sq m)

Council Tax Band

Band D

Estimated ~£1800/year

Tenure

Owned outright

Local Authority

Fife

Unitary Authority

Value & comps

What is it worth?

Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Archie refurb estimate: a Pro feature

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Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market197 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market197

Price reduction-6.5%

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £275,00007-04-2026

Price reduced£275,000 → £257,000 (-6.5%)06-08-2026

Still activeDay 197 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.