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2 bed Flat For Sale £50,000
5-9 Basement Flats, Bridge Street, Dunfermline, Fife, KY12 8AQ


Description
Development Opportunity for Two Basement Flats in Dunfermline City Centre

Basement flats with planning permission to change use from shop (Class 1) to 2 no. flatted dwellings and external alteration including installation of doors and windows. Planning Ref: 22/01191/FULL.

Accommodation of each flat (70sqm):
-Individual main door access, up from a small garden space
-Entrance vestibule and hall
-2 bedrooms
-Lounge
-Kitchen
-Bathroom
-Front garden

Offers over -£50,000
Estimated Gross Development Value -£240,000


These basement flats can access Pittencrieff Park from its entrance door level without having to climb the stairs up to Bridge Street. Photos of the historic and very beautiful park, its historic buildings, the nearby Abbey, Monastery, Abbot House, Library and City Chambers are annexed.

The potential flats are right at the centre of Dunfermline nightlife with about twenty bars and restaurants being located within a few hundred yards of the flat.

The bus centre is also just off the High Street two hundred yards away from the flat.

Dunfermline Town railway station 1 mile, M90 Pitreavie spur 1.5 miles, Rosyth railway station 1.8 miles, Halbeath Park & Ride 3.3 miles, Ferrytoll Park & Ride 4 miles, Edinburgh 18 miles, Stirling 22.5 miles

ACCOMMODATION FOR FLAT 1:
Lounge 3.98m x 3.42m
Hallway 2.90m x 1.82m
Bedroom 1 4.52m x 3.66m
Bathroom 2.70m x 1.93m
WC, wash hand basin, bath and separate shower
Kitchen 4.53m x 3.57m
Bedroom 2 3.57m x 2.93m
Two built in wardrobes

ACCOMMODATION FOR FLAT 2:
Entrance Hall
Built in cupboard
Lounge 6.92m x 4.05m
Kitchen 4.60m x 3.67m at largest
Bathroom 3.01m x 2.14m
WC, wash hand basin, bath and separate shower
Bedroom 1 3.83m x 2.76m
Bedroom 2 3.83m x 2.49m

Back Garden

Concrete area at back door and access via grassed area to side and front of house.

Description
The development site for the flats sits in a very sheltered location down a flight of stairs from Bridge Street. It has direct access into Pittencrieff Park. It is located below a shop which sits at ground level and a flat which is at first floor level.

Each of the two flats has planning permission to be converted into a two bedroom flat. There is no plumbing currently. There are excellent sheltered views to the south over the front garden. There is also a side garden.

Situation
The development site for the flats is in the middle of the town centre and has many local shops, a church, a post office and the Dunfermline Bus Station. It’s an ideal base for the commuter as Dunfermline train station is 1 mile away and Halbeath Park and Ride, with many bus services to Edinburgh, Perth, Stirling and Glasgow, is just over 3 miles away.

The local primary schools are Commercial Primary School and St Margaret's Primary School which are 0.7 miles away. Dunfermline has 4 secondary schools the closest being Queen Anne High School.
Everything you need is in the town centre. There is a variety of pubs, cafes, restaurants and many High-End shops in the Kingsgate shopping centre.

Dunfermline is a historic and thriving town with excellent supermarkets, leisure facilities, restaurants and shops. There are also local parks and trails to explore. Dunfermline boasts a cinema, theatre, music venue, leisure centre with swimming pool and top of the range gym, golf courses and an award-winning park with inclusive playpark. The M90, for commuting north and to Edinburgh, is just a five minute drive away.

Sales Comparables
?15A Bridge Street
1 bed basement flat. Odd layout. No privacy. 46.2sqm @ £75/sqm = £1,623/sqm
?34C Bridge Street
2 bed top floor flat. Good views. Under offer estimated £150,000. 80sqm = £1,875/sqm
?Flats for sale
139sqm, 68.2sqm + 71sqm. If £1,700/sqm. GVD £240,000
?Flat in same building
Sold for £125,000. 2 bed top floor


DIRECTIONS

From Edinburgh:
Head north over the Queensferry Crossing and take the M90 north exiting at junction 2. Take the second exit to Dunfermline and go straight ahead at the next roundabout. Stay on the dual carriageway (Queensferry Road) and go straight ahead at the next roundabout. Keeping going straight on and take the 2nd left at the roundabout by Asda’s. Continue onwards and take the 1st left onto Nethertown Broad Street. At the traffic lights turn right and 1st left past the Andrew Carnegie Museum. Continue up the hill past the east entrance to the Abbey. At the T-junction turn left. At the next T-junction turn right onto Kirkgate. At the next T-junction turn left onto Bridge Street and the entrance gates are on the left just after the City Chamber.

From the north: Take the M90 south to exit at junction 2 onto Bridge Street and head into Dunfermline. At the roundabout take 2nd left and proceed along East Port.

Amenities
The historic city of Dunfermline is a vibrant and culturally rich centre once the capital of Scotland, the birthplace of the philanthropist Andrew Carnegie and the resting place of Robert the Bruce. Dunfermline is a modern city offering all the facilities you could expect, including the Kingsgate Shopping Centre, a selection of supermarkets and the Fife Leisure Park offering a ten-screen cinema, health club, bowling, adventure golf and an array of bars and restaurants. The local train station is just a short walk through the public park.

Viewing and registering an interest
Viewing is strictly by appointment only. To arrange a viewing please contact McCrae & McCrae Ltd, 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. [use Contact Agent Button]. Out of office hours please contact Rod McCrae on[use Contact Agent Button].
Closing Date
It is likely that a closing date for offers will be set and prospective purchasers are advised to register their interest in the property to ensure that they are given notice of any closing date. Failure to register interest may result in the property being sold without notice.
Property Misdescription
These particulars do not constitute any part of an offer or contract. All measures are given as a guide and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission or mis-statement in the particulars, during negotiations or otherwise, any representation or warranty whatever in relation to this property.
Offers
Offers must be submitted in Scottish legal terms to the Selling Agents, McCrae & McCrae Ltd at 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the Selling Agents.
Satellite Navigation
For the benefit of those with satellite navigation the property’s postcode is KY12 8AQ
Entry & Possession
Entry and vacant possession will be by mutual agreement and arrangement.
Deed of Conditions
Deed of Conditions names all owners with addresses June 2022 introduced to give a fair split of roof costs. All five units liable equally for roof repairs except for dormers as they were excluded as liability of top floor.
Service 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.
Misrepresentations
1.The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor McCrae & McCrae, the selling agents, 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
McCrae & McCrae and their clients 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 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. McCrae & McCrae 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 indenting to travel some distance. No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn.

Tenure: Freehold

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