Old Social Work Offices, Ramsey Road, Kirkcaldy, KY1 1UL
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- We are excited to bring to market this excellent Residential Development Opportunity, located within a prime location in Kirkcaldy. *** RARE AUCTION PROPERTY ***
- 166, High Street, Dysart, Kirkcaldy, Fife KY1 2UL, previously sold for £266,000, 119, High Street, Dysart, Kirkcaldy, Ffe KY1 2UL previously sold for £112,000, 115, High Street, Dysart, Kirkcaldy,
- Building has the potential to convert into 18 apartments. The project has full planning permission, building warrant, and listed building consent in place, making it fully ready for development.The l
- If Developed, the property could potentially achieve a GDV of £1,710,000,00 based on 18 apartments at £95,000 each. Once developed, the property could lend itself to a variety of uses such as Airbn
- The development is close to a whole host of local amenities, Two large supermarkets, a local school, and restaurants. It is also a stone's throw away from Pathhead Sands Carpark on the beach.
Description
- We are excited to bring to market this excellent Residential Development Opportunity, located within a prime location in Kirkcaldy. *** RARE AUCTION PROPERTY ***
- 166, High Street, Dysart, Kirkcaldy, Fife KY1 2UL, previously sold for £266,000, 119, High Street, Dysart, Kirkcaldy, Ffe KY1 2UL previously sold for £112,000, 115, High Street, Dysart, Kirkcaldy, Fife KY1 2UL previously sold for £170,000 and The Man I' The Rock, 101, High Street, Dysart, Kirkcaldy, Fife KY1 2UL previously sold for £225,000
- Building has the potential to convert into 18 apartments. The project has full planning permission, building warrant, and listed building consent in place, making it fully ready for development. The local area has seen some great residential sales recently showing strong demand.- PLANNING REF:21/02127/FULL
- If Developed, the property could potentially achieve a GDV of £1,710,000,00 based on 18 apartments at £95,000 each. Once developed, the property could lend itself to a variety of uses such as Airbnb or Short-term lets. Subject to necessary planning and consent. *** RARE DEVELOPMENT OPPORTUNITY ***
- The development is close to a whole host of local amenities, Two large supermarkets, a local school, and restaurants. It is also a stone's throw away from Pathhead Sands Carpark on the beach.
We are excited to bring to market this excellent Commercial Development Opportunity, located within a prime location in Kirkcaldy. *** RARE AUCTION PROPERTY ***
Property was previously run as an old school and then used as social work offices and has fantastic potential to be turned into a variety of uses. Property requires renovation to benefit from full potential.
Building has potential to convert into 18 apartments. The local area has seen some great residential sales recently showing strong demand. *** FANTASTIC DEVELOPMENT POTENTIAL ***
Priced for auction sale with fantastic sales evidence below:
166, High Street, Dysart, Kirkcaldy, Fife KY1 2UL, previously sold for £266,000, 119, High Street, Dysart, Kirkcaldy, Ffe KY1 2UL previously sold for £112,000, 115, High Street, Dysart, Kirkcaldy, Fife KY1 2UL previously sold for £170,000 and The Man I' The Rock, 101, High Street, Dysart, Kirkcaldy, Fife KY1 2UL previously sold for £225,000
If Developed, the property could potentially achieve a GDV of £1,710,000,00 based on 18 apartments at £95,000 each. Once developed, property could lend itself to a variety of uses such as Airbnb or Short-term lets. Subject to necessary planning and consent. *** RARE DEVELOPMENT OPPORTUNITY ***
*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
Planning Reference Number - 21/02127/FULL
Building Warrant Reference - 23/00195/BW
Listed Building Consent - 22/03078/LBC
This unique building is situated in a prime location in Kirkcaldy, close to schools and local amenities.
Property is due for our next timed online auction, and is priced for an auction sale. Open to early offers. To make a pre-auction offer, or register for the live auction, please contact the team to get set up.
Location:
Living in Kirkcaldy offers coastal charm, beautiful beaches, and a strong sense of community. The town provides convenient amenities, including shops, schools, and healthcare, making it a comfortable place to live. Its good transport links to Edinburgh and other cities allow for easy commuting while benefiting from a lower cost of living. Overall, Kirkcaldy is an inviting choice for those seeking a balanced lifestyle in a welcoming environment. Investing in Kirkcaldy offers a unique opportunity due to its strategic location, growing economy, and vibrant community. As a town rich in history and culture, Kirkcaldy boasts affordable real estate prices and a variety of business opportunities, particularly in sectors like retail, tourism, and local manufacturing. The ongoing regeneration projects and improved infrastructure are set to enhance connectivity and quality of life, attracting more residents and visitors. By investing now, you can be part of Kirkcaldy's exciting transformation while benefiting from its promising potential for growth and returns.
Old Social Work Offices, Ramsey Road, Kirkcaldy, KY1 1UL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kirkcaldy Station0.8 miles
- Kinghorn Station2.3 miles
- Glenrothes with Thornton Station4.3 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
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Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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