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For Sale - Falfield, Peat Inn, Peat Inn, KY15 £95,000

Building Plot  For Sale £95,000

Falfield, Peat Inn, Peat Inn, KY15

Exciting opportunity to build a eco holiday home with studio annex

Plot with full planning permission

Beautiful woodland location at Peat Inn

Close to the East Neuk of Fife, just 7 miles from St Andrews

An ideal base for the 150th Open at St Andrews, 2022

Full planning permission has been granted. Building warrants to be undertaken in conjunction with Stuart King Architecture & Design who have provided drawings and plans for this amazing build.

An exciting development opportunity at Falfield, Peat Inn. Set within a tranquil rural location, at the gateway to the East Neuk of Fife, full planning permission has been granted for construction of an eco holiday home with studio annex. Proposed accommodation comprises open plan kitchen with dining, master bedroom with en suite, and bathroom on the ground floor, whilst the upper level offers lounge with cathedral ceiling, second bedroom, and roof terrace garden. The studio annex offers living and sleeping space, as well as an accessible shower room. This Plot is ideally situated close to excellent transport links for commuting to larger centres such as St Andrews and Cupar (both 7 miles). This plot is positioned within peaceful woodland surroundings, with a private driveway, providing the peace and tranquillity of the countryside.

Planning Authority ref: 20/01913/FULL (Fife Council) - DATE ENTERED SYSTEM 16 July 2021

RESTRICTIONS Class 7 Serviced Accommodation

PLANNING DPP (Detailed Planning Permission)

AREA Main Accommodation: 236 Sq. Metres (approx.) in Total. Studio Annex: 116 Sq. Metres (approx.)



WATER Mains water supply on site


Peat Inn is a charming village and home to the famous 'Peat Inn' restaurant, and located close to St Andrews, which is only 7 miles away. St Andrews has an excellent variety of shops, hotels and restaurants, as well as recreational and cultural facilities. A further 10 miles down the coast, the East Neuk of Fife stretches along a spectacular coastline which boasts fishing villages built around picturesque harbours and sandy unspoilt beaches. To the north, the Tay Road Bridge provides easy access to Dundee, the home of the new V&A museum, Angus and Aberdeen. Peat Inn is well placed for both road and rail links. Cupar railway station (7 miles) is on the main Aberdeen to London line and provides a fast link to Dundee and Edinburgh and beyond.


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Total LBTT due

Below is a breakdown of how the total amount of LBTT was calculated.

Up to £145k(Percentage rate 0 %)

Above £145k and up to £250k (Percentage rate 2 %)

Above £250k and up to £325k (Percentage rate 5 %)

Above £325k and up to £750k (Percentage rate 10 %)

Above £750k (Percentage rate 12 %)

Up to £175k(Percentage rate 0 %)

Above £175k and up to £250k (Percentage rate 2 %)

Above £250k and up to £325k (Percentage rate 5 %)

Above £325k and up to £750k (Percentage rate 10 %)

Above £750k (Percentage rate 12 %)

*This is for illustrative purposes only


Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

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