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See how verdicts work3-bedroom flat · EH39 4DF
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying an elevated position within a well-maintained modern development in highly desirable North Berwick, this spacious three-bedroom second-floor apartment captures outstanding open views towards the coastline and the iconic Bass Rock.
Just moments from the beach, town centre amenities, and rail links providing a swift commute to Edinburgh, the property offers an exceptional lifestyle by the sea.
The interiors are well-presented throughout, with a neutral backdrop and generous proportions, appealing to professionals, downsizers, or those seeking a second home or investment opportunity.
Further benefits include access to beautifully maintained communal gardens, an underground parking garage, lift access, and a highly sought-after coastal setting.
The accommodation opens into a welcoming hall with useful storage, leading through to an impressive living and dining room.
This expansive, light-filled space is enhanced by a striking curved bow window formation, creating a snug reading nook, and perfectly framing the far-reaching coastal views in an inviting setting for both relaxation and entertaining.
The adjacent kitchen is well-appointed with ample cabinets, workspace, and integrated appliances, offering a practical yet sociable layout, ideal for everyday living and informal dining.
The principal bedroom is particularly generous, featuring built-in storage, an en-suite shower room, and direct access to a private south-facing balcony-ideal for enjoying the open views across the town.
Two further bedrooms provide flexible accommodation, each with storage and comfortable proportions, served by a family bathroom with both a bath and a separate shower.
The property is fitted with gas central heating and double glazing throughout, ensuring year-round comfort and efficiency.
Externally, the development is surrounded by neatly landscaped communal grounds, offering a peaceful green setting with extensive lawns, sociable seating areas and mature planting.
A parking garage under the building provides a secure allocated parking space. Extras: All fitted floor and window coverings, light fittings and appliances are included.
Integrated appliances include oven and gas hob, fridge/freezer, dish washer and washing machine. Factor: Hacking and Paterson manage the factor at an approximate monthly cost of £126.
Viewing Gsb EPC Rating EPC rating: B
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
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.
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FAQ
About 40, Ibris Place, North Berwick
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