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Beach House, 8 Melbourne Road, North Berwick, EH39 4JP

Scotland

£500,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Ground Flat
Area
1259 sqft

Description

Positioned directly across from North Berwick's Milsey Bay Beach and just a short stroll to the high street, this three-bedroom ground floor flat represents a rare opportunity for those looking to invest in a coastal property in need of refurbishment. The home features a private garden, making it ideal for creating a customized seaside retreat. Accessed through a private gate leading to a charming courtyard, the entrance opens into a welcoming vestibule and expansive hallway. To the left, the east-facing living room boasts original wooden flooring and an appealing feature fireplace, offering potential as a cozy relaxation space while providing views of the bay and Bass Rock. The accommodation includes an east-facing bedroom and another double bedroom with west-facing aspects, both flooded with natural light. A sizeable wet room is currently functional but could benefit from modernization alongside the kitchen, which presents excellent potential for an upgrade. Additionally, there is a versatile family room featuring an original fireplace that can cater to various needs, along with a useful box room that adds extra functionality. The enclosed rear garden is primarily owned by this flat and offers ample space for outdoor enjoyment. While a small portion belongs to the upper dwelling, it still provides an inviting area for alfresco gatherings. On-street parking is available at the front of the property.

Investment Analysis

(EH39 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£397/sq ft
Area Average
£369/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£511,513
10% above area average per sq ft
Potential ROI
-5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (EH39)

Area prices are rising by +10.9% over the last 12 months
3 year growth: +4.0%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on EH39 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Beach House, 8 Melbourne Road, North Berwick, EH39 4JP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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