Summary - 1, ALFRED PLACE, ST. ANDREWS KY16 9XG
6 bed 4 bath End of Terrace
Period townhouse split into two flats with HMO licence — prime central location and ready income..
Four-bedroom upper maisonette plus two-bedroom ground-floor apartment; versatile income layout
Recently renovated; two-storey extension added in 2009
Currently sold on one freehold title with sitting tenants in situ
Upper flat has existing HMO licence for four occupiers
Small private courtyard and balcony; gated front forecourt
No off-street parking; central town setting only
Slow broadband speeds; area classified as deprived and student-focused
Council Tax: Band D (lower) and Band E (upper)
A substantial Victorian end-terrace in the heart of St Andrews, arranged as a four-bedroom maisonette over the upper floors and a two-bedroom ground-floor apartment. The building was sensitively updated with a two-storey extension in 2009 and has been newly renovated, combining period character—sash windows, cornices and a classical façade—with contemporary kitchens and bathrooms.
Offered on one freehold title with sitting tenants, the property suits investors seeking immediate rental income or owners wanting a multi-occupancy home. The upper flat currently holds an HMO licence for four people, and the layout allows straightforward separation into two titles if required. A small, private courtyard and a balcony provide rare outdoor space in this central location, while the gated front forecourt creates curb appeal and privacy.
Buyers should note material considerations: there is no off-street parking, broadband speeds are slow, and the wider area is classified as deprived and mainly student communal living — factors that influence tenant profile and long-term yield. Council Tax is split (Band D lower, Band E upper). The property is sold with sitting tenants and will require standard landlord management and tenant-transition planning.
Overall, 1 Alfred Place offers a strong town-centre rental proposition with period features, recent modernisation and flexible accommodation. It is best suited to investors or buyers comfortable operating or managing multi-let properties in a lively, student-dominated neighbourhood.
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