Auction-ready project with consents in place for 18 apartments near the beach.
- Full planning permission for 18-apartment conversion (Ref: 21/02127/FULL)
- Building warrant and listed building consent already granted
- Derelict Victorian stone building requiring full renovation
- Listed status will restrict works and increase specialist costs
- Potential GDV estimated at circa £1.71m (18 units at £95k)
- Close to supermarkets, schools, restaurants and beach carpark
- Sold at auction — quick timescale, pre-sale due diligence essential
- Area classified as very deprived; strong rental demand but limited values
A rare development-ready opportunity in central Kirkcaldy, this Victorian stone former school/social work office comes with full planning (Ref: 21/02127/FULL), building warrant and listed building consent, allowing conversion potential into 18 apartments. The site’s period character and high ceilings offer strong appeal for well-designed flats or short‑let accommodation once completed.
The property is priced for auction and shown as requiring renovation — the building is currently derelict and will need comprehensive refurbishment work to realise the consented scheme. Listed status is already granted but will constrain alterations and may increase conservation-led costs; buyers should factor specialist contractors and liaison with heritage officers into budgets.
Location is a practical strength: local supermarkets, schools, restaurants and Pathhead Sands carpark/beach are within easy reach, supporting lettings demand. Recent nearby residential sales evidence local appetite. Note the wider area is classified as very deprived with constrained renters; this supports rental demand but may limit headline capital values and could affect market mix.
Practical considerations: broadband speeds are slow though mobile signal is excellent. The property will be sold at auction, so purchasers should be prepared for a fast timetable and complete their due diligence beforehand. For investors comfortable with conservation projects, there is clear development upside and flexible end uses subject to consents.
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