St Andrews

12 Market Street

Investment Opportunity
12 Market Street - Image 1
Bedrooms
3
Bathrooms
2
Type
Tenement

About This Property

Prime student accommodation investment in the historic university town of St Andrews. This well-maintained property benefits from perpetual demand driven by the prestigious university, ensuring year-round occupancy and minimal void periods. The town's limited housing supply and affluent student demographic support premium rental rates. Recent university expansion plans guarantee sustained demand for quality accommodation, while the town's appeal to both students and professionals provides flexibility in tenant targeting.

Property Details

Square Feet1050 sq ft
EPC RatingB
Council TaxBand D
Tenurefreehold
Year Built1900
Statusunder offer

Key Features

  • University area
  • Strong student demand
  • Well maintained

Investment Summary

Purchase Price
£275,000
Annual Yield
7.8%
Monthly Rent£1800
Annual Income£21,600
Price per Sq Ft£262
41 viewings scheduled for this property
1 people viewing right now
22 investors interested in this property
High demand property
Hot Property Alert!
Listed only 3 days ago. Act fast!
Viewings
41
Interested
22
Days Listed
3

Price Comparison

This Property
£275,000
£262 per sq ft
Area Average
£290,000
£276 per sq ft
Price vs. Area Average
-5.2% (Below Market)
Yield Comparison
7.8%
+0.6%
Area avg: 7.2%
Value Rating
Good Value

Investment Insight

This property is priced below the area average while offering above-average yields, making it an attractive investment opportunity.

Investment Scenarios

Down Payment
£55,000
20% of purchase price
Monthly Mortgage
£1,286
At 5% over 25 years
Monthly Cash Flow
+£209
Annual: £2,507
Cash-on-Cash Return
4.6%
Year 1
Projected Return
10.8%
Year 5

Scenario Assumptions

  • Mortgage rate: 5% over 25 years
  • Annual rent increase: 3%
  • Down payment: 20% (£55,000)
  • Monthly expenses: £305

Recent Activity

Property listed as hot opportunity

3 days ago

41 total viewings scheduled

2 days ago

Offer received and under consideration

4 days ago

Showing 3 recent activities

Property Documents

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St Andrews
£275,000
7.8% yield