First resale of Scotland’s ‘most expensive’ development hits the market in St Andrews

Thomas Hamilton commissioned The Grand Hotel in 1895, immediately behind the Old Course. It was the first building in Scotland to have a pneumatic elevator and hot and cold water running in every bathroom, setting the benchmark for the ultimate in luxurious hospitality. Built of distinctive red sandstone, The Grand Hotel created something of a sensation, bringing a great splash of colour to “The Auld Grey Toon”.

In the Second World War the Air Ministry requisitioned the building, transforming it into training headquarters for the Royal Air Force. The University of St. Andrews acquired the building after the war and used it as a student residence called Hamilton Hall.

Kohler & Co, owners of The Old Course Hotel, Golf Resort and Spa, bought Hamilton Grand in 2010 and carried out a painstaking renovation. The building was stripped back to its outer shell and rebuilt with an additional floor being added. They restored this great building to luxurious grandeur, creating unique and desirable private residences.

Hamilton Grand now comprises 27 homes of distinction –apartments ranging in size from 1,000 ft2 to 2,500 ft2 with a reception hall and concierge; a private lounge for residents and a sensational roof terrace. The views from this roof terrace over the Royal and Ancient Golf Club and the Old Course and over the West Sands and out to sea are beyond comparison.

The prices achieved for the refurbished flats caused a sensation with the premier flats in the building selling for over £4 million. The price per foot squared reached over £2,500. This is equivalent to prime London and is more than double the top prices / ft2 paid in Edinburgh. The final flat sold at the start of 2023 meaning that the development is “sold out”.
Jamie Macnab, the selling agent at Savills who specialises in the St Andrews market says:

“No 16 Hamilton Grand was one of the first units to sell after the refurbishment and is one of the best units in the building. It is central to the main elevation on the third floor. It has four arched windows and two balconies overlooking the 18th green of the world famous Old Course.

“The appeal of St Andrews and The Old Course is sometimes overlooked by UK buyers but attracts wealthy buyers from all over the world who love the game of golf. Most people assume that all of the buyers are American but the residents of Hamilton Grand are from all over the world, including several different European countries. This is a very rare opportunity to buy a piece of Scottish golfing heritage”.

Savills is asking offers over £2.3 million for Hamilton Grand

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