Kirkton Barns Farmhouse, Tayport, Fife, DD6 9PD

Description

• PRIME NEW LISTING. We are excited to present this renovation opportunity for a detached, two-storey farmhouse located in the prime location of Fife.

• **21, Drumoig Way, St. Andrews KY16 0FT sold for £654,995 in July 2023; 3, Pickletillum Avenue, St. Andrews KY16 0FB sold for £654,995**

• Bed and Breakfast Guest Houses in the area starting from approximately £420 per night, this property offers an excellent opportunity for serviced accommodation. At 70% occupancy, you could achieve £8,942 per month, or a substantial £107,310 annually, providing a potential gross yield of 27.8% if secured at the guide price.

• This property is available at a fantastic discount to ensure a swift auction sale, presenting an exceptional opportunity for potential buyers looking for value and investment potential.

• A rare project and a marvelous BRRR (Buy, Refurbish, Rent, Refinance) opportunity. All planning enquiries should be directed to the relevant local council as this lot is offered without any planning in place.

PRIME NEW LISTING. We are excited to present this renovation opportunity for a detached, two-storey farmhouse located within a prime location in Fife.

The property comprises a substantial layout with a spacious ground floor featuring four generous rooms, a well-equipped dining kitchen, and two sanitary areas. The first floor boasts seven ample rooms and three sanitary areas, providing great flexibility across 388 sq m for renovation and creative reimagining.

There are two fields by the house. The larger paddock to the front of the house is permanent pasture and extends to about 7.5 acres.

Services:

Mains water, electricity, private drainage to septic tank. Oil fired central heating.

With Bed and Breakfast Guest Houses in the area starting from approximately £420 per night, this property offers an excellent opportunity for serviced accommodation. At 70% occupancy, you could achieve £8,942 per month, or a substantial £107,310 annually, providing a potential gross yield of 27.8% if secured at the guide price.

This property is available at a fantastic discount to ensure a swift auction sale, presenting an exceptional opportunity for potential buyers looking for value and investment potential.

A rare project and a marvelous BRRR (Buy, Refurbish, Rent, Refinance) opportunity. All planning enquiries should be directed to the relevant local council as this lot is offered without any planning in place.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**21, Drumoig Way, St. Andrews KY16 0FT sold for £654,995 in July 2023; 3, Pickletillum Avenue, St. Andrews KY16 0FB sold for £654,995**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Fife is a picturesque region in Scotland known for its stunning coastline, historic towns, and vibrant communities. Rich in culture and history, it offers a perfect blend of rural charm and urban convenience.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.