Property for sale

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Property for sale

Old Social Work Offices, Ramsey Road, Kirkcaldy, KY1 1UL
£500,000

Our Summary

  • 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
  • -  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
  • 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
  • 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
  • *** 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
  • *** 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
  • To make a pre-auction offer, or register for the live auction, please contact the team to get set up
  • By investing now, you can be part of Kirkcaldy's exciting transformation while benefiting from its promising potential for growth and returns
  • Building has the potential to convert into 18 apartments
  • *** RARE AUCTION PROPERTY ***

Description

This is a rare development opportunity in Kirkcaldy, Fife, Scotland. The property, previously used as an old school and social work offices, has planning permission, building warrant, and listed building consent to convert into 18 apartments. With a potential gross development value of £1,710,000, the property could be developed into a variety of uses, including Airbnb or short-term lets, subject to necessary planning and consent. The property is located in a prime area, close to local amenities, including supermarkets, schools, and restaurants, and is a short walk from Pathhead Sands Carpark on the beach. The local area has seen strong demand for residential sales, making this a potentially high-yielding investment opportunity. The property is priced for auction sale and is open to early offers.
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