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See how verdicts work1-bedroom flat · EH32 9FS
Listing removedListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Light-filled and immaculately presented, this modern one-bedroom, dual-aspect third (top) floor flat enjoys superb open skyline views.
Forming part of a well-maintained, factored residential development in the popular East Lothian town of Prestonpans.
The accommodation is accessed via a welcoming entrance hall with a secure entry system, a built-in storage cupboard and contemporary herringbone-style laminate flooring, which continues seamlessly through the main living areas.
To the front, a generously proportioned living and dining room is tastefully finished and offers excellent flexibility for both lounge and dining furniture.
Features include a bay window flooding the room with natural light and offering superb views, a wall-mounted TV point, plain coving, spotlighting and a central light fitting.
To the rear, the well-appointed kitchen is fitted with stone-effect worktops, a metro-tiled surround, a sink with a drainer, an integrated oven and gas hob with canopy extractor above, and a freestanding washing machine.
Also positioned to the rear, the spacious double bedroom benefits from a large built-in wardrobe, a central pendant light fitting and ample space for additional freestanding furniture.
Completing the accommodation is a stylish front-facing shower room, fitted with a modern suite comprising a walk-in cubicle with rainfall mains shower, a ladder-style radiator, tiled flooring and splash walls, and a convenient shaver point.
Prestonpans is a delightful coastal town situated about 11 miles from Edinburgh, offering convenient local amenities such as a Co-op supermarket, Lidl, banking, a Post Office, a library, and a community sports centre in both Prestonpans and its neighbouring towns, Cockenzie and Port Seton.
The area boasts miles of sandy East Lothian beaches and several golf courses, with easy access to the A1 for quick commutes to Edinburgh city centre, the Borders, or northern England.
Public transport is well-served, including Prestonpans railway station, and local schools are available in both Prestonpans and Cockenzie.
Factor Fees: Ross and Liddell - approx £95 pm Council Tax Band: B Tenure: Freehold
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.
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FAQ
About 7/23, Mcgregor Pend, Prestonpans
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