2-bedroom flat · TD14 5PA
For saleListed 481 days
Opportunity summary
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About
Perched above the pristine sands of Coldingham Bay, 3 The Bay is an exceptional two bedroom, first floor apartment that captures the essence of contemporary coastal living.
The apartment is currently rented as a short-term holiday let via Crabtree & Crabtree, a leading independent agency for self-catered accommodation in the North of England and South of Scotland.
The property over a recent 12 month period has produced a net Income of £23,200 after all operational costs. Based on the Home Report value of £385,000 this would be a net Yield of 6%.
This includes the owners using the properties for some personal usage.
Crabtree and Crabtree would be delighted to speak with any new investors who may be interested in this apartment for future management operations.
The property could be sold fully furnished with future booking income, subject to separate negotiation.
Clean architectural lines, a bright open-plan layout, and extensive glazing create a living space that feels expansive, modern, and effortlessly connected to its stunning natural surroundings.
The heart of the home is the open-plan kitchen, dining and living area – a spacious dual-aspect room bathed in natural light, with sliding glass doors opening onto a generous private balcony.
Here, elevated views sweep across the bay and surrounding countryside, making it an idyllic spot for al fresco dining or peaceful mornings.
The principal bedroom benefits from its own stylish en suite shower room and built-in wardrobes, while the second double bedroom sits adjacent to a stylish main bathroom.
A utility room off the hallway provides additional storage and convenience, making this apartment as practical as it is beautiful.
Set within a landmark development of just eight apartments, the apartment enjoys access to landscaped communal grounds and allocated parking; all just moments from the beach below.
Coldingham Bay, one of the most desirable coastal destinations in the Scottish Borders, is famed for its clean waters, safe sandy beach, and dramatic surrounding cliffs.
Ideal for wild swimming, paddleboarding, surfing or simply relaxing, the bay is backed by lush countryside and walking trails.
The nearby village of Coldingham provides local shops, a café, pub, and historic charm, while larger amenities are found in Eyemouth and Berwick-upon-Tweed, just a short drive away.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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