Property in St Andrews

Unlike so many areas of the United Kingdom and Ireland, the property market in St Andrews has made it through the past couple of years relatively unscathed. A large proportion of students and travelling golfers means there is always a generous rental return throughout the year. So although a beautiful place to live, the price tag of homes is usually skewed by the very attractive ROI. 

Making a St Andrews property your primary address also affords you the distinct privilege of becoming a season ticket holder at The Links Trust. This magical piece of plastic grants you access to The Old, New, Jubilee, Eden, Castle, Strathtyrum and Balgove courses at a very attractive annual fee.

So what's available just now in The Auld Grey Toon? Well, the former University dorm at Hamilton Hall is currently being transformed into 26 ultra-luxurious homes. I was placed here in my freshman year at St Andrews, and I am fairly sure that my fail in entry level statistics was directly proportional to the square root of the distance between my bed and the first tee of The Old Course. This 5th floor room was approximately 10' x 6', and struggled to accommodate a single bed and small writing desk (the former was utilized much more than the latter). How times have changed. Today, it is being transformed and incorporated into an apartment that is being marketed at £5,100,000. Hamilton Grand as it has been re-named, is being developed by Herb Kohler - bathroom plumbing tycoon, and owner of the adjacent 5* Old Course Hotel.

A little further down the fairway, Savills are marketing a beautiful 6 bedroom Georgian townhouse. Built in 1822 by the Playfair family, this home pre-dates the Royal & Ancient clubhouse, and it boasts tremendous views across The Old Course and The West Sands. The cost? A cool £1,250,000. But can anything be classed as expensive that makes the 18th your back garden?

If St Andrews were a Monopoly board then Hope Street and Abbotsford Crescent would probably be the colour green. Not quite Mayfair, but still an area of extreme distinction. Most commonly, these stone townhouses are divided into 3 or 4 separate apartments. A few are currently on the market and these range from the mid 200's to the high 300's depending on the number of bedrooms.

With great golf, schools, restaurants, nightlife, scenery and shopping, St Andrews has it all. The only problem for 99% of the population is the price. A very true summary of work, money and golf...

- When you're young you've got the spare time to play and your health but no money.

- Throughout your career you've got your health and the money but no time to play.

- In retirement, you've got money and the time to play but perhaps not your health.

It's a strange old world...