£47,500 tax paid

Just two owners since new

General Information

Manufacturer/ModelSweden Yachts 38
DesignerP Norlin / J Ostmann
Boat NameFour Bells
New or UsedUsed
Sale StatusAvailable
Tax/VAT StatusTax paid
LyingLymington, United Kingdom


LOA11.8m (38'0")
LWL9.5m (31'0")
Beam3.85m (12'0")
Draft1.75m (5'0")
Hull ConstructionGRP
EngineVolvo D2-40 40hp
Keel TypeFin Keel

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Lead Broker

James McNeil
Broker - Grabau International South Coast (UK)

+44(0)7979 907210

    Enquire about this yacht

    For further information on this yacht, please use the contact form below or email us.


    Classic SY38, with timeless lines, superb build quality, performance & seakeeping ability, easily shorthanded. Many updates including larger 4-cylinder engine.

    The Sweden Yachts 38 began production in 1983 with a total of 85 boats built until production ceased in 1990. Originally launched in 1987 as Hull No.58, and delivered to her first UK-based owner in Harwich, ‘FOUR BELLS’ has had just two owners, with the most recent since 2007.

    Her specification highlights include:
    • Wing keel version
    • Upgraded Volvo D2-40 engine from 2006 complete with new Saildrive, 3-bladed folding propeller and ancillaries
    • Mainsail stackpack with lazy jacks.
    • Larger genoa winches for easier sail handling
    • Replaced electric anchor windlass.
    • Additional service battery and uprated alternator
    • Inverter.
    • Radar.
    • AIS Receiver.
    • GPS chartlotter with 2x aerials.
    • Heating.
    • Stereo.
    • Force 10 Marine gas stove and oven with grill.
    • Replaced larger fridge/coolbox.
    • Sprayhood.
    • Liferaft.

    ‘FOUR BELLS’ is lying in Lymington, she is UK VAT Paid, Part 3 British Registered and now awaits her next owners for new adventures.


    “The first and only other owner was a good friend of mine, and I clearly remember her arriving at Harwich when she was brand new in 1987. He raced her in the local series and I was a regular crew. She has become an old friend that I have known for 34 years and owned and cruised extensively for some 25 years. My age is the only reason for the sale of my much beloved boat”


    “The Sweden Yachts 38 is a pure sailing yacht with modern racy lines; yet she has classical beauty which will last through the years.

    The mast and rig are well dimensioned to carry the large sail are; this, combined with the modern hull lines, gives the yacht an amazing turn of speed, even in the lightest wind. The Sweden Yachts 38 has a favourable IOR rating and she is extremely competitive at all levels of racing.

    As you can see from the interior pictures, the Sweden Yachts 38 is very well appointed and will give you a comfortable second home. This degree of luxury is especially important for long distance sailing; the Sweden Yachts 38 will meet your highest expectations. The interior is finished in solid mahogany, the fabrics are both durable and attractive, the cabins are functional for living on board both at sea and in harbour.

    The cockpit, deck and coachroof are teak laid as standard in the Continental version. With regard to equipment, only the best has been considered good enough, from the extra big winches down to the smallest shackle.

    In the cockpit there is ample room for everyone on board. The companionway has been designed to be especially comfortable and protected.

    Few performance yachts can offer the same deck space as the Sweden Yachts 38. Pictures can not do justice to this beautiful craft – only a personal inspection of every minute detail will reveal the thought. Preparation and craftsmanship which made the Sweden Yachts 38 a MASTERPIECE.

    The feeling of luxury and comfort aboard is absolute, and you can enjoy extended periods of exciting sailing without feeling crowded. A sense of space and privacy has been achieved by separating the saloon, galley and navigation area from the three luxurious and well-proportioned cabins. When you have guests, you will find the saloon large enough to entertain upto ten people around the satin-finished mahogany table; the settees are warm and offer comfort of any fireside armchair.”

    Text taken from the Sweden Yachts sales brochure


    “Race Bread Fast Cruiser

    Sweden Yachts are in a similar position to to the hire company which was actually proud of its position as second largest. Sweden Yachts are very conscious of the reputation enjoyed by their Finnish competitors, Nautor (Swan) and Baltic Yachts. Comparison with these two is inevitable not just because of the common Scandinavian origin but because the three yards all produce race bred, fast cruising yachts for decerning customers.

    The lines of the C38 were drawn by Peter Norlins based on his experience s with the Admiral’s Cup campaigns, ‘Bigfoot’ and ‘Paper Tiger’. She has been refined for easier handling and given a far greater displacement as well as a roomier hull.. But the essentials for speed have been retained. Her sections are quite well veed with no apparent distortion to the lines. There is quite a long overhang astern with a sharply retroussee transom. The spade rudder is on the large side.

    The hulls are beautifully moulded in a mixture of hand-laid CSM and woven rovings incorporating a balsa sandwich from waterline to toe rail. Solid laminate is used in stress areas and around the keel.. Solid laminates are used as longitudinal and transverse stiffening. The mouldings are created to a very fine tolerance of +25kg in a total hull weight of 1,800kg.

    Overall Sweden Yachts have come up with an attractive, open and comfortable interior which, though it is clearly influenced by the Swedes’ tendency to day sail in sheltered waters, is still practical for extended passage-making. The fine Swedish summers encourage alfresco life, so it is no surprise to find the cockpit excellently laid-out. The helmsman has a cambered sole as well a hummock seat making it possible to find a comfortable perch whatever the point of sailing or angle of heel. Steering is by Edson through cables from an impressive 47” wheel which gives the helmsman plenty of leverage although he seldom needs it since the ball races in two of the tree bearings and the semi-balanced rudder makes steering light.

    Chainplates are to a unique design by Sweden Yachts which transfer the loadings to the bulkheads via a steel framework. Her ballast ratio is 43%, good for a yacht of her type.

    Our introduction to the boat was a short tacking passage down the channel from Stenungsund to Marstrand, and it was immediately apparent we were in the company of a thoroughbred. The tall rig picked up the light breezes and the yacht forged ahead powerfully. Her responsiveness to the wheel rewarded careful attention yet one very quickly became totally at ease inching her up to weather or playing the wind shifts round the rocky islands. She can be tacked very rapidly and holds her way through the wind well. She is by no means a heavy boat but she has enough substance to give her a dependable, hard driving motion.

    Access to the motor is first class making routine servicing relatively simple.”

    Extracts taken from Yachting Monthly Magazine Review



    RCD Status:
    • RCD Status: Our understanding is that the yacht is exempt from the essential safety requirements of Directive 94/25EC (Recreational Craft Directive) as she was built and placed into use within the EU prior to 16th June 1998.

    Hull Construction:
    • Hull constructed in accordance with Lloyd’s Register.
    • End grain balsa core sandwich construction using fibreglass mat and rowing on both sides gives a light, rigid and well insulated hull.
    • Balsa core is used from the toe rail to below the water line.
    • Solid laminate is used in high stress areas around the keel, mast foot and in the joint between the hull halves.
    • The bottom reinforcements are of longitudinal and transversal solid laminate design.
    • The base of the engine compartment there is Volvo Penta original glass fibre moulded to the hull and filled with heavy ballast for maximum stability.
    • Blue waterline stripe and upper pinstripe.
    • Blue antifouling.
    • Preventative epoxy system (applied after confirming no osmosis in the hull) completed by Fox’s Boatyard in 1997

    Deck & Superstructure Construction:
    • End grain balsa core sandwich construction with moulded fibreglass on both sides.
    • Stress areas where winches, sheet tracks etc are fixed are reinforced by replacing the balsa core with marine plywood or by using aluminium backing plates.
    • Hull & deck joint is via the hull being laminated to the deck using glass and polyester.
    • The toe rail is then bolted through the deck and hull flange using special sealing material.
    • Teak deck is originally laid from 12mm first class teak ribs bonded to the deck with polyurethane and secured by stainless steel screws. Expansion joints are sealed with special silicone. Teak to the cockpit and cabin superstructure roof.
    • ** Please note – The teak laid side decks now require attention and the vessel has been priced accordingly. – Please contact us for further details.
    Keel & Rudder:
    • Ballast standard draft fin keel is lead casting with antimony.
    • Cast-in keel bolts are stainless steel.
    • Lifting lug is fastened to the keel bolts.
    • The semi-balanced spade rudder is moulded in fibreglass, using uni-directional rowing and mat for maximum strength.
    • The rudder stock is of stainless steel with three bearings and one bronze bearing in the heel.
    • The two primary stainless steel rudder bearings were replaced – 2021


    Engine & gearbox:
    • Volvo Penta D2-40 in-line 4-cylinder 1.5 litre naturally aspirated diesel engine producing approximately 40hp (a significant and thought impossible upgrade over the standard 28hp 3-clinder version) – 2006
    • Saildrive gearbox – 2006.
    • Engine control panel redesigned to allow dials for rev. counter, oil pressure and temperature positioned in cockpit behind a Perspex hinged cover - 2006.
    • Engine mounts and engine beds - 2006
    • Freshwater cooling for reduced internal corrosion and enables the engine to maintain a consistent and optimal working temperature under all conditions.
    • Throttle control lever to cockpit on the starboard side.
    • Additional engine filter.
    • Engine air inlet from cockpit.

    Engine Maintenance:
    • Engine serviced annually, last serviced: 2021 and planned to have a next service before she’s sold or in September 2022 prior to being lifted out.
    • New engine water pump – 2021.
    • New exhaust elbow – 2021.
    • Fuel injectors tested – 2021.

    Propulsion & Steering:
    • Volvo Penta 3-blade bronze folding propeller – 2006 with Ambassador rope cutter and hub fitted - 2016.
    • Steering pedestal with radial wheel, brake and stainless chain and wires connected to a single rudder blade – New stainless steel main rudder bearings fitted – late 2021.
    • Larger than standard stainless steel steering wheel with leather cover to the rim and extends partway along the spokes.
    • Emergency steering gear via a tiller stored in the lazarette.


    Voltage systems:
    • 12VDC domestic systems with 220vAC from shorepower.

    Battery Banks:
    • 1x Varta Blue Dynamic 70AH 12v engine start battery – May 2010.
    • 3x Varta Professional 105AH (315AH combined) 12v service batteries joined in parallel – May 2010.
    • LCD battery monitor at chart table.
    • Battery compartment ventilator.
    • Batteries located under the chart table.

    Battery charger:
    • Automatic battery charger – located in portside aft cabin under seat.
    • Adverc 12v battery management system.
    • Blocking diodes are used for simultaneous charging of all circuits.

    • 1,000watt inverter, located under seat in portside aft cabin.

    • Higher output 115Amp engine-mounted alternator.

    Shore Power:
    • 220vAC 16Amp shore power connection and associated cable.

    Other Electrical:
    • 230vAC ring main with sockets internally.
    • Main AC/DC control panel at Navigation Area with analogue voltmeter.
    • 12vDC socket to saloon, and starboard aft cabin.
    • Circuit breakers.


    Fresh Water & Water Heating System:
    • 12vDC pressurised water pump for supplying fresh water.
    • Hot water supply via engine calorifier and 230vAC immersion heater element in hot
    • water tank powered by shorepower.
    • New hot water immersion heater – 2016.

    Bilge Pumps:
    • 12vDC electric bilge pump.
    • Manual bilge pump in cockpit.

    Grey & Black Water:
    • Grey water discharged directly overboard via gravity or 12v pump out.
    • Blackwater discharged directly overboard or to holding tank.


    Fuel Tank:
    • 100-litre stainless steel fuel tank.
    • Tank gauge.
    • Tank filled from a transom positioned inlet and ventilated to the transom.

    Fresh Water Tank:
    • 320-litre approximate total water capacity in 2 stainless steel ventilated tanks (located under the saloon seats.
    • Tank gauge.
    • Deck inlets.

    Black water Holding Tank:
    • Holding tank is connected to heads but never believed to have been used.

    • Raymarine C80 GPS Chartlotter with 2x aerials (one kept as a spare located under the deck for easy connection when required) - 2012.
    • Raymarine Pathfinder SL70 radar at chart table with enclosed mast mounted enclosed radar scanner.
    • AIS Receiver - 2012.
    • Echomax active radar reflector – 2012
    • Raymarine ST7000 Autopilot (larger than standard – ram completely overhauled with new electric motor - 2012.
    • Prosser Weathertend digital barometer at chart table.
    • Brookes & Gatehouse Hornet 4 sailing monitor at the chartable – for log, wind angle/speed and log timer.
    • Suunto helming compass.
    • Masthead mounted wind wand overhauled with new bearings installed – 2022.
    • Navigation lights at deck level and anchor light to mast.
    • radar reflector on mast.
    • Clock and barometer mounted on saloon bulkhead.

    • VHF radio, also receives Channel-0.
    • Masthead mounted VHF radio aerial.
    • External VHF speaker in cockpit and at chart table.


    • Replaced very high-quality Force 10 Marine Stainless steel gimballed gas stove with two burners and oven with grill.
    • Top-opening larger than standard fridge/freezer, with central divider to create a colder fridge and separate cool box outboard, drained to a separate sump - 2004.
    • Twin stainless steel sinks with hot & cold pressurised water supply with removable worktop inserts.
    • Manual fresh & saltwater supplies to galley.

    • Jabsco marine manual flush heads (larger version).
    • Basin hot & cold-water supply with shower attachment.

    Heating & Ventilation:
    • Eberspacher diesel-fired hot-air cabin heating with outlets to interior.
    • 3x Dorade vents, 1 extractor ventilator for accommodation cabins.
    • Opening deckhead hatches.
    • 2x additional opening hatches are fitted (1x to each of the aft cabins, as on the SY390)

    Interior Lighting:
    • 12vDC lights (some are LED) inset to deckhead with additional reading lights throughout.

    • Stereo with Bluetooth connectivity at the chart table with 2x deckhead mounted speakers to the cabin.


    Summary of Accommodation:
    • Up to 7 berths in three double cabins plus saloon.
    • Marine grade waterproof plywood with pine and birch core faced with specially selected mahogany in frames and doors.
    • Mahogany joinery has satin varnish applied throughout.
    • Marine grade lauvan in bottoms, shelves etc.
    • All main bulkheads bonded to hull and deck using glass mat rowing.
    • All main visible hull sides covered by mahogany planking ribs.
    • Cabin superstructure ceiling, deckheads and minor visible hullsides are covered with foam backed vinyl.
    • Cabin sole covered with teak and holly inlays, and which is oiled.
    • Blue coloured interior upholstery.
    • Light blue velvet curtains.
    • Solid handrails throughout the interior for easy movement offshore.
    • Formica countertops in galley, with matching inserts to the double bowl sink.
    • Cupboards to aft and fore cabins have backlighting.

    Description of layout from forwards:

    Forward Cabin:
    • Double berth to starboard.
    • Additional insert can be added to extend berth over the seat area when required.
    • Large sail/general stowage under berth.
    • Shelf forward.
    • Shelf to aft end of berth.
    • Seat to port with internal storage.
    • Deck ventilation/escape hatch.
    • 2x Reading lights.
    • Hanging lockers with light

    • Positioned forward to starboard.
    • Jabsco manual flush marine heads.
    • Moulded washbasin with holt/cold mixer tap/retractable showerhead.
    • Moulded sole with sump drained via an electric pump and a removable teak grating over.
    • 2x Mirrors.
    • Lockers to hull side.
    • Towel holders.
    • Ventilation deck hatch.

    • L-shaped settee on both sides (water tanks positioned below).
    • Stowage under settee.
    • Central dining table to starboard with twin fold-down leaves.
    • Bookshelves above sofa on the portside of saloon.
    • Door to forward cabin and heads.
    • Ventilation hatch to cabin superstructure ceiling.

    • L-shaped galley with formica countertop and matching insert to the sinks and a hinged one over the oven/stove to maximise worktop space.
    • Larger than standard top opening fridge with increased refrigeration, central divider to allow a separate cool box to be created outboard, drained to a separate sump.
    • Drawer section, cutting board, dry food locker.
    • Replaced very high-quality Force 10 Marine Stainless steel gimballed gas stove with two burners and oven with grill.
    • Double overhead cupboards.
    • Waste basket and storage below sink.

    Navigation Area:
    • Large navigation table with internal stowage.
    • Moulded, detachable instrument panel for electronic equipment on hinges for easy service access.
    • Adjustable navigation seat with matching blue coloured upholstery.
    • Electrical master control panel mounted in bulkhead locker.
    • Electrical battery master switches located under table along with the isolator switch for the electric anchor windlass (N.B: switch is wired the opposite way to the markings of “on” and “off.)” The controls for the autohelm and cockpit electronics are also located under the chart table. The switches in this area for the heating are now obsolete and replaced by the modern control panel at the chat table.

    Portside Aft Cabin:
    • Door from Navigation area.
    • Double berth and stowage under.
    • hanging locker and seat (seat with stowage under plus the inverter and battery charger are located there).
    • Open ventilation hatch to the cockpit.
    • Additional fixed porthole to the cabin superstructure.

    Starboard Aft Cabin:
    • Door from Galley area.
    • Single berth with lee cloth and stowage under.
    • Stowage space to side in leu of a double berth, this are is useful for general stowage plus the cockpit table and cabin washboard are securely stowed there when not in use.
    • Wet hanging locker.
    • Opening porthole to the cockpit.
    • Fixed porthole to cabin superstructure.


    • Selden Spars silver anodised aluminium alloy oval section keel-stepped mast with masthead burgee and stainless-steel pole.
    • Masthead rig with two sets of in-line spreaders.
    • Galvanized mast step bolted to bottom reinforcement.
    • Chain Plated - Sweden Yachts designed and specially developed steel beam system, allowing heavy loads to be taken by bulkheads without the need for additional internal reinforcements.
    • Seldon Spars silver anodised aluminium alloy section boom. Slab reefing system and outhaul internally in boom with stoppers and central winch. Fitted with single-line reefing.
    • Selden gas-strut boom vang.
    • Furlex genoa roller furler with an aluminium foil and twin headsail tracks.
    • Stainless steel wire standing rigging – 2007.
    • Burgee halyards to port and starboard.
    • Stainless steel single wire backstay with Navtec hydraulic tension adjuster.
    • Babystay.
    • Mast checkstays.
    • Alloy rigging covers for shroud bases.
    • Single-line reefing system for reefs 1, 2 and 3.
    • Lazyjacks.
    • Lewmar genoa tracks with towable cars mounted to the port and starboard side decks.
    • Spinlock clutches to either side of the companionway and on the mast.
    • Spinnaker track on mast with associated equipment.
    • Silver anodised aluminium spinnaker pole, stowed to the front of the mast.
    • Lewmar mainsheet track to the cockpit, positioned just forward of the helm pedestal.
    • Following findings that some SY38’s had developed cracks in their bow stem head fittings and whilst ‘FOUR BELLS’ had not shown any sign of this, the Seller decided it would be prudent to have the forestay stem head fitting professionally removed and strengthened before being refitted.
    • Mast mounted fore deck light.
    • Spinnaker sheet, guys and blocks are all stowed under the fore cabin berth.

    • 2x Lewmar 52 two-speed self-tailing manual primary winches.
    • 2x Lewmar 46 two-speed manual spinnaker winches.
    • 2x Lewmar 40 two-speed self-tailing manual control line winches at the companionway.
    • 1x Lewmar 30 two-speed manual control line winch mounted to the portside of the mast.

    • Kemp Sails (constructed using Hood Sails’ fabric and to Hoods Sails’ specification) 115% Dacron genoa – 2010.
    • Dacron mainsail (described as being old but which was serviced and laundered in 2019).
    • Spinnaker – described as having been very lightly used.
    • Storm jib which is believed to have never been used.
    • I= 16.15m, J=4.8m, P=14.15m, E=4.25m.

    • Stainless steel guardrail stanchions and bases fitted 2016 with twin stainless steel wire guardwires.
    • Stainless steel pulpit and pushpit.
    • Anchor locker also provides ample storage for two smaller fenders.
    • Teak grabrails on main superstructure coachroof.
    • Folding varnished cockpit table.
    • Stainless steel folding ladder at bathing platform.
    • Stainless steel dorade pulpits on coachroof and on foredeck.
    • Teak outboard bracket.
    • Stainless steel liferaft cradle to the pushpit.
    • 2x horseshoe life buoy brackets to the pushpit.
    • Short stainless steel pushpit mounted mast for a GPS antenna, and active radar reflector (commissioned instead of an AIS transponder).

    Canvas and Covers:
    • Blue canvas sprayhood with stainless steel frame with integrated aft and side grabrails.
    • Blue canvas stackpack bag for mainsail.
    • Blue canvas cover for liferaft container.
    • Blue canvas cockpit cover and anchor shade - 2016.
    • Helming compass cover.
    • Pedestal cover.
    • Blue canvas cover for liferaft case.

    Anchoring & Mooring:
    • Replaced Lofrans 12v anchor windlass – 2021 positioned in anchor locker with removable remote control (remote control stowed below in main cabin when not in use).
    • Upgraded 15kg stainless steel Bruce anchor with 50m of anchor chain (chain replaced – 2021).
    • Anchor chain stopper and shock absorber.
    • Stowed in the bilge of the fore cabin is a kedge/tender anchor and chain.
    • Stainless steel stemhead fitting with anchor roller.
    • Bow and stern mooring cleats.
    • Warps, including a heavy 3-strand mooring line and fenders.
    • Boathook.


    General note on safety equipment: Any safety equipment such as life rafts, Epirbs, fire extinguishers and flares etc. are usually personal to the current owner(s) and if being left on-board as part of the sale of a used vessel may require routine servicing, replacement, or changing to meet a new owners specific needs.

    • Ocean Safety 6-persons liferaft, ORC Pack was new in March 2015, stowed on the pushpit – service was due in 2018.
    • 2x Horseshoe buoy.
    • 3x Fire extinguishers (1x in the aft lazarette, 1x at the chart table and 1x in the engine compartment) – believed to now be out of date.
    • Flares.
    • Lifesling with plastic case stowed on the pushpit.

    Viewing arrangements

    Lying: Lymington, Hampshire, United Kingdom.

    Available to view strictly by appointment.

    Office Hours Mon- Fri 0900 – 17.00.
    Saturday by prior appointment.

    For more information or to arrange a viewing please contact us.

    Please Note: Due to the varying locations of our yachts, your travel time and the distances that may be involved, we recommend that you only make arrangements to view if you are actively considering purchase.

    Lead Broker: James McNeil.
    Tel: +44 (0)7979 907210
    Email: james@grabauinternational.com

    Grabau International offers the details of all vessels in good faith but cannot guarantee or warrant the accuracy of this information or warranty the condition of any vessel and the details do not constitute a part of any contract. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. All vessels are offered subject to prior sale, price change, or withdrawal without notice. Grabau International provides professional yacht conveyancing and legal transfer of title for all yachts as per the ABYA Code of Practice with all deposit payments and final balance payments processed through secure dedicated client accounts solely for that purpose. Our dedicated client accounts are written in trust at Natwest Bank and we are fully insured.

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