Summary - THE SMIDDY, 3, PARLIAMENT SQUARE, CROSS WYND KY15 7BE
Character stone bungalow with period sash windows
Private east-facing garden, patio and lawn
Separate outbuilding suitable for workshop or home office
Off-street parking in cobbled courtyard with historic hooping bed
Gas central heating but property needs full renovation
Rooms are average-sized; modest 667 sq ft footprint
Offered £20,000 below home-report value
Located in a very deprived area — consider local socioeconomic factors
A stone-built bungalow in the heart of historic Falkland, The Smiddy offers immediate character and scope for improvement. Set around a cobbled courtyard with historic iron gatework and a traditional hooping bed, the house combines period charm with practical off-street parking and a private east-facing garden.
Inside are two bedrooms, a living room, kitchen and bathroom across a compact, traditional layout. The property benefits from gas central heating and sash-and-case windows, but it requires a scheme of upgrading throughout — an opportunity for a buyer wanting to add value and personalise a home in a sought-after village setting. A separate outbuilding provides useful workshop, office or storage space.
This home will suit a downsizer or retiring couple who value village life and outdoor access, and who are prepared to renovate. Note: the area is classified as very deprived and the bungalow’s rooms are average-sized, so buyers should factor in refurbishment costs and the modest internal footprint when assessing value. Offered at £20,000 below home report value, it represents clear potential for the right purchaser.
Falkland itself provides cafés, shops, community hall and easy access to countryside amenities, including Lomond Hills walks, cricket and golf, making this a character property with lifestyle appeal once modernised.
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