2-bedroom flat · EH39 4HU
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the highly desirable seaside town of North Berwick, 4 Lorne Square is an attractive two bedroom main door flat with direct access to West Beach.
The property is ideally placed within easy walking distance of an excellent selection of local amenities, independent shops, cafés and restaurants, whilst Edinburgh city centre is readily accessible for commuting.
Enjoying a particularly enviable position, the property boasts a stunning open outlook across the Firth of Forth, together with a delightful, well maintained shared garden and private parking to the front.
The property would make an excellent holiday home or coastal retreat, but also offers comfortable accommodation for those seeking a permanent residence in this highly desirable location.
The bright and well-proportioned accommodation is presented in good order throughout and comprises a welcoming entrance vestibule leading into a spacious hall with a large storage cupboard.
The sitting room is a lovely bright space, featuring a bay window with far-reaching views across the bay and a gas flame-effect fire creating an attractive focal point.
To the rear is a spacious kitchen/dining room, fitted with a good range of wall and base-mounted units and offering ample space for a dining table.
French doors provide direct access to the beach, making this an ideal space for enjoying the exceptional coastal setting.
The accommodation is completed by two well proportioned double bedrooms and a modern shower room.
The Local Area North Berwick is a highly desirable coastal town in East Lothian within easy commuting distance of Edinburgh.
It has regularly been named as the best place to live in Scotland with a good range of shops, well regarded schooling, a beautiful beach and many bars and restaurants.
The bustling high street, which can be reached on foot in 5 minutes, has a wide selection of retailers and restaurants and there is a Tesco and Aldi supermarket on the outskirts.
North Berwick has two excellent golf courses, a yacht club, rugby club, tennis courts, a swimming pool and sports centre, and a luxury spa club is situated at the Marine Hotel.
East Lothian has many fine walks by the sea and inland. Edinburgh can be reached in about 45 minutes by car or by train in half an hour and there are extensive bus services.
Extras All fitted carpets, fitted floor coverings, blinds, curtains, light fittings, the gas hob, double oven, dishwasher, fridge/freezer, dishwasher and the washing machine are included in the sale price.
Viewing By appt with Coulters EPC Rating EPC rating: D
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 4, Lorne Square, North Berwick
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