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About This Property

Discover what makes this home special

Meldrum is a spacious and thoughtfully designed three-bedroom apartment located in the sought-after KY16 8BS area of Glenrothes, Fife. This modern home offers a harmonious blend of comfort and style, featuring a generous open-plan kitchen, dining, and family area that opens onto the rear garden, perfect for entertaining or relaxing. The lounge provides a separate, cozy space ideal for unwinding or working from home. Upstairs, three well-proportioned bedrooms include a master with an en-suite bathroom, complemented by a family bathroom and ample storage throughout.

Situated within a vibrant community, Meldrum benefits from excellent local amenities and transport links, making it an ideal choice for families and professionals alike. The property enjoys a south-east facing garden, ensuring pleasant morning and early afternoon sunlight. With future development plans nearby, this apartment represents a promising investment in a growing area with strong rental demand and good connectivity to Dundee and Edinburgh.

Property Features

This apartment boasts a spacious open-plan kitchen and dining area, ideal for family living and entertaining. The master bedroom benefits from a private en-suite, while the utility room adds convenience. The separate lounge offers a quiet retreat, and the south-east facing garden provides excellent morning sunlight. Modern fixtures and double glazing ensure energy efficiency and comfort throughout the home.

Open-plan kitchen and diningEn-suite bathroomUtility roomSeparate loungeSouth-east facing gardenAmple storage+2

Local Amenities

Located in Glenrothes, the property is close to a variety of amenities including the Glenrothes Shopping Centre, offering diverse retail options. Families benefit from nearby schools such as Markinch Primary and Glenrothes High School. The area also features local parks and recreational spaces, alongside convenient access to supermarkets, cafes, and a medical centre, ensuring a well-rounded community lifestyle.

Glenrothes Shopping CentreMarkinch Primary SchoolGlenrothes High SchoolMarkinch Railway StationLocal parksSupermarkets+2
Markinch Railway Station Train Station (2.1 miles, 7 mins drive) • 25 mins by car to Dundee

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£359,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£150/mo
Estimated Ground Rent£12/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Compare Rates
Purchase Costs
Total Price£359,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£150/mo
Estimated Ground Rent£12/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable property price
Limited direct transport links to major cities
Growing local economy and future development

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£359,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£150/mo
Estimated Ground Rent£12/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
7.5%
Based on £2,250/mo rent
Area Price Growth
+3.3%
Average annual increase
5-Year Value Forecast
£423,856
+£63,861 projected gain
5-Year Rent Forecast
£2,583/mo
Based on 2.8% annual growth
Price per Sq Ft£300
Annual Rent Income£27,000
10-Year ROI300%
Break-Even Point13 yrs

Property Value Projection

Based on 3.3% annual growth
£423,856
5yr
£499,046
10yr
£587,574
15yr
£691,806
20yr
£814,529
25yr
Current: £359,995

Monthly Rental Income

Based on 2.8% annual growth
£2,583
5yr
£2,966
10yr
£3,405
15yr
£3,909
20yr
£4,488
25yr
Current: £2,250/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Dundee City Centre
N/A (no direct train from Markinch to Dundee)
25 mins
Edinburgh Waverley
45 mins from Markinch
1h 10m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Family/Dining/Kitchen
Morning Excellent
Afternoon Good
Evening Low
Lounge
Morning Moderate
Afternoon Good
Evening Good
Bedrooms
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential and Commercial+Positive Impact
Glenrothes Expansion Project
1 mileEst. 2027
* Information based on local planning applications and may be subject to change

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£359,995
AvailableNB0000036457
View Location Analytics

MELDRUM

St Andrews, St Andrews KY16 8BS
DWH @ St Andrews
3
Bedrooms
3
Bathrooms
1,200
Est. Sq ft
apartment
Type
Available Plot Numbers
166
1 plot(s) available
Ownershipleasehold

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£359,995MELDRUM

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MELDRUM
MELDRUM St Andrews£359,995

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