Summary - 47A, SOUTH STREET, ST. ANDREWS KY16 9QR
3 bed 1 bath Apartment
Bright HMO-ready three-bedroom flat in the heart of historic St Andrews, ideal for investors or sharers..
Ready-made HMO licence for four occupants, strong rental potential
Spacious lounge with two large bay windows and high ceilings
Three double bedrooms; one with fitted wardrobes
Single bathroom only — one shower over bath
Gas central heating, fire doors, secure entry system
Freehold tenure in central historic St Andrews location
Average broadband speeds; excellent mobile signal
Area classified as deprived; council tax band above average
Situated in the heart of historic St Andrews, 47A South Street is a bright first-floor flat combining period character with modern updates. Two large bay windows flood the generous lounge/dining room with light, while the contemporary kitchen and bathroom keep running costs and upkeep straightforward. The flat benefits from gas central heating, fire doors and a secure entry system.
Currently let under an HMO licence for four occupants, the property presents a ready-made investment with an established rental history in a cosmopolitan, student-focused neighbourhood close to the university, shops and East Sands. Its 1,070 sq ft layout with three double bedrooms offers flexibility for student lets, professional sharers or conversion to a private home.
Buyers should note practical limitations: a single bathroom serves the three-bedroom property, broadband speeds are only average, and the surrounding area is classified as deprived — factors that may influence rental yields or resale timing. Council tax is above average, and the property’s central mixed-use setting means some street-level activity and noise.
Overall, this freehold apartment is a straightforward, well-presented asset for investors seeking an HMO-ready unit in a prime central location, or for buyers wanting a spacious, light-filled home with strong location credentials and modest modern conveniences.
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