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See how verdicts work2-bedroom flat · NE26 1HW
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Grenada Drive in the charming coastal town of Whitley Bay, this two-bedroom apartment presents a unique opportunity for those seeking a comfortable and convenient living space.
Ideal for older individuals, the property boasts a prime location just a stone's throw from the beach, ensuring that the soothing sounds of the sea are always within reach.
The apartment features one reception room, providing a welcoming area for relaxation and socialising. With two well-proportioned bedrooms, there is ample space for rest and privacy.
The bathroom is functional, catering to the needs of its residents.
One of the standout features of this property is the lift access, making it easily accessible for those who may have mobility concerns.
While the apartment does require some updates, this presents a wonderful opportunity for the new owner to personalise the space to their taste and preferences.
In addition to its proximity to the beach, the apartment is conveniently located near transport links and local shops, ensuring that all essential amenities are within easy reach.
This property is not just a home; it is a lifestyle choice, offering the perfect blend of comfort, convenience, and coastal living.
Whether you are looking to downsize or simply enjoy a more relaxed pace of life, this apartment is well worth considering. Freehold - Freehold.
Service Charge for 2026/27: £250.00 per month over 12 months. This covers external repairs and decoration, upkeep of gardens, passageways, staircases, lifts etc, building insurance & water charges.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Beacon House, Whitley Bay
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