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See how verdicts work3-bedroom flat · EH39 4JP
For saleReduced £25k (−5%) on 22 JunListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb position directly opposite North Berwick’s Milsey Bay Beach and minutes from the high street, this rarely available three-bedroom home with private garden now in need of modernisation, offers an exceptional opportunity to create a bespoke coastal residence.
Forming the ground floor of a handsome detached stone-built property, access is to the right via a private gate and small courtyard to the front door, which opens into an entrance vestibule and a spacious hallway.
To the left, a bright east-facing sitting room features original wooden flooring and a charming feature fireplace, providing a comfortable and inviting space in which to relax.
Along with the east-facing bedroom, the sitting room boasts views of the bay and across to the iconic Bass Rock.
Passing a sizeable wet room and a west-facing double bedroom, the kitchen now requires modernisation but offers excellent potential to be transformed.
There are two further generously proportioned double bedrooms, each filled with natural light, enjoying both east and west-facing aspects.
The accommodation is further enhanced by a useful box room and a versatile west-facing family room with original fireplace, offering flexibility for a variety of uses.
Externally, the enclosed rear garden is majority owned by the downstairs flat, and will make a wonderful alfresco escape for friends and family to enjoy.
It should be noted that a very small section belongs to the upper flat. To the front of the property there is a small private courtyard. There is on-street parking.
Viewing Contact Paris Steele on EPC Rating EPC rating: F
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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 Beach House, 8, Melbourne Road, North Berwick
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