Former flats for older people in St Andrews on market with £2.5m price tag

The development, Marine Place, features a studio flat, 13 one-bedroom flats and one two-bedroom flat, private front and rear gardens, and several apartments enjoy sea views

Thorntons Property Services said the North Street building was expected to generate major interest.

Peter Ryder, managing director, said: “Marine Place is a very rare opportunity to acquire a development opportunity in the beautiful, historic town of St Andrews which regularly ranked as one of the prettiest and best places to live in UK-wide.”

“It offers various development options, ranging from basic modernisation to a complete redevelopment, subject to obtaining the necessary planning permissions. Given its location and the high demand for accommodation in St Andrews, we anticipate that the site will generate a keen interest by property developers.”

The site, which extends to approximately 0.13 acres, is only a stone’s throw from Castle Beach and is within walking distance to the Old Course, university, and an outstanding range of shops and restaurants. The development is being marketed as a package.