4 Bed Detached House, Cash/Bridging Only, Cupar, KY15 7EZ, £475,000

High Street, Freuchie, Cupar, Fife, KY15 7EZ - 1 views - 5 months ago

Under Offer
Cash
~129 m²
+34 photos

ValuationOvervalued

Sold Prices£130.3K - £450K

 

 

Square Metres

~129.26 m²

Value Estimate

£353,125

 

 

End Value (After Refurb)

£270,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£52,800

Bridging Loan Interest

£12,469

Total Cash In

£212,469

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£270,000

Mortgage (After Refinance)

£202,500

Mortgage LTV

75%

Cash Left In

£212,469

Equity

£67,500

Rent Range

£550 - £1,595

Rent Estimate

£813

Running Costs/mo

£1,026

Cashflow/mo

£-213

Cashflow/yr

£-2,560

Gross Yield

2%

Local Sold Prices

32 sold prices from £130.3K to £450K, average is £264.1K.

PriceDateDistanceAddressBeds 
£325K02/210.36 mi12, Eden Valley Gardens, Freuchie, Cupar, Ffe KY15 7XQ4
£352K10/211.68 mi75, Rumdewan Terrace, Kettlebridge, Cupar, Fife KY15 7QP4
£445K12/211.7 miLadieburn Cottage, High Street, Falkland, Cupar, Fife KY15 7BZ4
£410K07/211.76 miSaddlers House, High Street, Falkland, Cupar, Fife KY15 7BU4
£250.3K11/211.82 mi11, Cupar Road, Kettlebridge, Cupar, Ffe KY15 7QD4
£227K07/211.97 mi2, Station Road, Kingskettle, Cupar, Fife KY15 7PR4
£235K06/212.25 mi11, Loyne Court, Glenrothes, Fife KY7 6EU4
£300K05/212.25 mi18, John Knox Gardens, Glenrothes, Fife KY7 6FJ4
£320K12/212.26 mi17, John Knox Gardens, Glenrothes, Fife KY7 6FJ4
£305.5K08/212.29 mi14, Morlich Gardens, Glenrothes, Fife KY7 6GB4
£250K08/212.3 mi70, Commercial Road, Ladybank, Cupar, Fife KY15 7JS4
£354.3K01/212.3 mi66, Ardoch, Commercial Road, Ladybank, Cupar, Fife KY15 7JS4
£312K03/212.34 mi3, Eardley Court, Glenrothes, Fife KY7 6FE4
£270K05/242.59 mi14, Tofthill, Markinch, Glenrothes, Fife KY7 6QU4
£450K01/212.6 miFormonthills Steading, Benvane Road, Glenrothes, Ffe KY6 3HN4
£258.1K06/212.63 mi18, Glendarvel Place, Glenrothes, Ffe KY7 6GN4
£185K04/242.63 mi1, Glendarvel Place, Glenrothes, Fife KY7 6GN4
£205K03/212.66 mi5, Darnaway Drive, Glenrothes, Fife KY7 6GL4
£218K02/212.69 mi11, Strathnairn Court, Glenrothes KY7 6GR4
£232K09/212.73 mi6, Formonthills Road, Glenrothes, Fife KY6 3EF4
£241K12/212.76 mi9, Pitkevy Court, Glenrothes, Fife KY6 3EH4
£255K08/242.76 mi11, Pitkevy Court, Glenrothes, Ffe KY6 3EH4
£221.6K12/212.78 mi8, Pitkevy Gardens, Glenrothes KY6 3EG4
£355K03/212.78 mi19, Pitkevy Gardens, Glenrothes, Fife KY6 3EG4
£283K04/242.78 mi17, Pitkevy Gardens, Glenrothes, Fife KY6 3EG4
£130.3K08/242.8 mi115, Oldany Road, Glenrothes, Ffe KY7 6RF4
£360K09/212.8 mi12, Formonthills Lane, Glenrothes, Fife KY6 3EL4
£248.5K04/212.84 mi22, Cardean Way, Glenrothes, Fife KY6 3PW4
£212K07/212.9 mi28, Lennox Court, Glenrothes, Fife KY6 3PP4
£225K12/212.91 mi14, Iona Park, Glenrothes, Fife KY7 6NU4
£270K05/212.93 mi8, Balgeddie Park, Glenrothes, Fife KY6 3NY4
£335K05/212.95 mi8, Ballingall Drive, Glenrothes, Fife KY6 3QD4

Local Rents

9 rents from £550/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£75004/240.12 miLindsay Place, KY152
£55005/230.27 mi-1
£1,59503/251.12 mi-4
£85003/241.31 miKY152
£80002/251.94 mi-2
£1,30003/251.94 mi-4
£1,05004/252.15 mi-3
£1,40003/252.25 mi-4
£1,10004/242.41 miPitlessie Road, Ladybank, Cupar, KY153

Local Area Statistics

Population in Cupar

28,507

Town centre distance

9.39 miles away

Nearest school

0.20 miles away

Nearest train station

2.33 miles away

 

 

Rental growth (12m)

-22%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £475,000

November 12, 2024

Sold for £386,000

2021

Floor Plans

Description

Exceptional four-bedroom cottage in the peaceful and sought-after village of Freuchie

Beautifully presented four-bedroom cottage

Bright, pristine, and incredibly spacious interiors

Stunning semi-rural setting and countryside views

Flexible accommodation and layout

Enclosed garden, driveway, and double garage

Village location close to Falkland and Glenrothes

EPC Rating - C
Council Band - E
Tenure - Freehold

Property Details & Description

Accommodation

GROUND FLOOR
Entrance hallway, living room, dining room, dining kitchen, pantry, garden room, WC

FIRST FLOOR
Four bedrooms (one with en-suite), bathroom

EXTERIOR
Mature rear garden
Driveway and detached double garage

Situation
Nestled in a highly sought-after and semi-rural setting in the village of Freuchie lying at the foot of the Lomond Hills, West End Cottage enjoys a peaceful and picturesque location in the Fife countryside. Only a short drive away is the scenic conservation village of Falkland used to portray 1940s and 1960s Inverness in the filming of Outlander and featuring an array of cafes, boutiques, and restaurants along with the popular Falkland Palace and Gardens. Glenrothes just four miles to the south provides a wealth of retail, dining, and leisure amenities as well as secondary schooling. Freuchie itself has a primary school and shop.

The area boasts various visitor attractions including Falkland Palace and Gardens and due to its position, there are many tranquil countryside walks to enjoy. There are also several golf courses in the vicinity to enjoy including Falkland Golf Club and Balburnie Golf Club. Primary and secondary schooling is available in Freuchie and Glenrothes, with private options at St Leonards in St Andrews and at The High School of Dundee. There is an efficient local bus service along with a train station in Ladybank. Edinburgh International Airport is under an hour away by car. Domestic flights are available from Dundee.

General Description
This immaculately presented four-bedroom stone-built cottage in a peaceful and captivating village setting offers buyers a desirable and charming lifestyle. Welcomed into a bright and versatile dining room that is perfect for family gatherings and entertaining you move through to a charming dual-aspect living room. Bathed in natural light this cosy and inviting space features rich wooden flooring, a crisp décor and a log-burning stove nestled beneath an oak mantle. The generous layout allows for a variety of furniture configurations dependent on individual needs. Returning to the dining room past a guest WC you are guided into an inner entrance hallway where French doors open into a spectacular south, east, and west-facing garden room. Contemporary in design and with a panoramic garden aspect this is an exceptional retreat that offers a seamless flow between the property and its idyllic surroundings. From here you descend a set of terracotta tiled stairs and enter a most impressive open-plan dining kitchen that spans the length of the residence and offers an enchanting triple aspect. A thoughtful difference in flooring and the presence of a log-burning stove creates a natural divide between the stylish kitchen and the dining area, the result is a space very much at the heart of the home. Light-filled the well-appointed kitchen boasts wall and floor units in soft white and sage complemented by butcher block worktops. A full suite of high-spec integrated appliances include an eye-level oven, American-style fridge/freezer, and an induction hob built into a desirable island. An adjacent pantry complete with shelving allows for additional storage. This wing of the home also leads out via an entrance hall and front door to the driveway. Ascending to the first floor, you arrive at the south-facing principal double bedroom. Boasting a serene décor and wooden flooring this exudes a tranquil ambience enhanced by a classically styled en-suite featuring a bath with a wall-mounted shower, WC, washbasin, and chrome towel radiator. From here you pass a second double bedroom/study before a third generously proportioned double bedroom connects you with the west landing and staircase, and a further south-facing double bedroom adorned with built-in cabinetry. Rounding off the layout on this floor is a generous bathroom complete with a shower enclosure, bath, WC, and washbasin.

EXTERIOR
Looking out across open fields and countryside, the mature and expansive south-facing rear garden combines a mix of lawn, established plants, trees, and borders. With several seating areas it is a wonderful and private outdoor sanctuary to be enjoyed by friends and family alike.

There is a driveway and detached double garage for off-street parking.

General Remarks & Information

Viewing
Viewing is strictly by appointment with the selling agents Rettie & Co, 28 Bell Street, St Andrews KY16 9UX. Tel: .

Satellite Navigation
The property’s postcode is KY15 7EZ

Fixtures and Fittings
Only items specifically mentioned in the particulars of sale are included in the sale price. Additional items of furniture may be available by separate negotiation.

Entry & Possession
Entry and vacant possession will be by mutual agreement and arrangement.

Services
Mains water, electricity, gas and drainage.

Local Authority
Fife Council

EPC Rating
Band C

Council Tax
Band E

Home Report
A Home Report incorporating a Single Survey, Energy Performance Certificate and Property Questionnaire is available for parties genuinely interested in this property. Please contact us, either by telephone or via the website entry for this property, to request a copy. No charge is made for electronic copies; a paper copy can also be made available from our offices or by post, at a charge of £20 to cover reproduction and administrative costs.

Offers
Offers should be submitted in Scottish Legal Form to the selling agents Rettie & Co at 28 Bell Street, St Andrews KY16 9UX.

Servitude Rights, Burdens & Wayleaves
The property is sold subject to and with the benefit of all servitude rights, burdens, reservations and wayleaves including rights of access and rights of way, whether public or private, light, support, drainage, water and wayleaves for masts, pylons, stays, cable, drains and water, gas and other pipes whether contained in the title deeds or informally constituted and whether or not referred to above.

Particulars and Plans
These particulars and plan are believed to be correct, but they are in no way guaranteed. Any error, omission or misstatement shall not annul the sale or entitle any party to compensation nor in any circumstances give grounds for action at law.

Websites and Social Media
This property and other properties offered by Rettie & Co can be viewed on our website at as well as our affiliated websites at and addition, our social media platforms are facebook.com, RettieTownandCountry, twitter.com, RettieandCo, Instagram and LinkedIn.

Proof and Source of Funds/Anti Money Laundering
Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds. This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction. All individuals involved in the transaction are required to produce proof of identity and proof of address. This is acceptable either as original or certified documents.

Misrepresentations
1. The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie & Co, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.

2. The Purchaser(s) shall be deemed to acknowledge that he has not entered into contact in reliance on the said statements, that he has satisfied himself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.

3. Any error, omission or misstatement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.

Important Notice

Rettie & Co, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either in writing or by word of mouth. Any information given is entirely without responsibility on the part of the agents or the sellers. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive and it should not be assumed that the property remains as photographed. Any error, omission or misstatement shall not annul the sale, or entitle any party to compensation or recourse to action at law. It should not be assumed that the property has all necessary planning, building regulation or other consents, including for its current use. Rettie & Co. have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise and ought to seek their own professional advice.

3. All descriptions or references to condition are given in good faith only. Whilst every endeavour is made to ensure accuracy, please check with us on any points of especial importance to you, especially if intending to travel some distance. No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn.

EPC Rating: C
Council Tax Band: E

Agent Details

Rettie, St.Andrews

01334 237399

Next Steps?

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