1-bedroom flat · NE26 1BX
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview This spectacular 1 bedroom apartment in Whitley Bay, Tyne and Wear is part of the Elderton Place development from the award-winning McCarthy & Stone.
A private retirement apartment, Apartment 2 is located on the ground floor, is low-maintenance and contains extra safety features.
See the exclusive benefits and highlights this property has to offer in the development information.
Discover Retirement Living with a big plus At our Retirement Living Plus communities you'll gain a new home with less upkeep, fewer worries and more time for what matters most.
Because life changes over time, our services can adapt with you, always on your terms.
Our dedicated on-site team are there when you need them, while flexible Lifestyle Services provide support from help around your home to personal care. How will Retirement Living Plus help me?
Feel safe with a 24/7 emergency alarm, friendly staff on-site day and night, and a cqc Registered Manager Flexible support with shopping, collecting prescriptions and everyday tasks A chef-run bistro/restaurant serving subsidised seasonal food daily in a stylish, sociable setting (friends and family are welcome too!) Council Tax Council tax band: B Reservation Deposit £150.00, to be offset against the first month's rent.
Security Deposit £3,184.62, equivalent to 5 weeks rent of the apartment only, excluding any parking space rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 2, Whitley Bay
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