We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EH31 2EL
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a peaceful cul-de-sac just off the main street in Gullane, 38 Muirfield House forms part of a retirement development exclusively for the over 60s.
Privately owned by its residents and enjoying a real sense of community, the safe and well-managed development offers its residents access to extensive communal gardens, guest facilities, private parking, and a range of facilities and social activities.
A resident housing manager is also on-site five days a week.
Internally, the bright, spacious and well-presented flat is set on the first floor of the building which benefits from a Stannah stair lift.
The accommodation comprises - entrance hall with two storage cupboards; spacious and sunny sitting room with feature fireplace and a door to the kitchen; kitchen with appliances and a range of base and wall units; double bedroom with fitted wardrobe; and shower room with large walk-in shower.
The property is heated via electric heating and double glazed throughout. Externally, the property shares access to well-kept communal gardens and private parking.
Handling day-to-day management and emergencies, the housing manager is resident on-site Monday – Friday and all properties provide alarm cords and access to 24-hour telecare.
A guest suite and a communal lounge are also available. The development is managed by Trinity Factors for a fee of approximately £2,490 per annum (paid in monthly installments).
The Local Area The highly desirable East Lothian town of Gullane is an idyllic, coastal settlement situated less than 45 minutes east of Edinburgh.
Its world renowned golf courses and stunning sandy beaches with breath taking views make it a popular location.
There are a variety of local amenities nearby including a gp surgery, an optician, chemist, a Margiotta/Waitrose and Co-op. Gullane also boasts a number of popular restaurants, cafes and take-aways.
Regular train services from Drem and North Berwick take you into Edinburgh's city centre in less than thirty minutes and there is also regular bus services that run from North Berwick into the city centre.
Extras All fitted carpets, fitted floor coverings, curtains, blinds, light fittings are included in the sale price as are the appliances in the kitchen (cooker, microwave, fridge/freezer and washing machine).
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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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 38, Muirfield House, East Lothian
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