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See how verdicts work2-bedroom flat · NE26 2ER
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Whitley Road in Whitley Bay, a TWO BEDROOM GROUND FLOOR TYNESIDE FLAT.
Ideally placed for access to the town centre, the beach and Metro, this ground floor flat briefly comprises; entrance hall, lounge, kitchen, bathroom and two bedrooms.
There is a low maintenance garden to the front and a private yard to the rear with access for off street parking. Gas central heating and double glazing. To arrange a viewing call COOKE & CO.
Energy rating C. Entrance Hall Entrance door leading into the hallway with further doors leading to the lounge, and two bedrooms, understairs storage cupboard, radiator.
Lounge 4.22m x 3.68m To the rear with feature fireplace, radiator. Double glazed French doors leading to the rear yard. Door to the kitchen.
Kitchen 2.84m x 2.06m Fitted with a range of wall and base units, sink unit, integrated electric oven and gas hob, space and plumbing for a washing machine and a fridge/freezer.
Double glazed windows to the side. Door to the bathroom/WC. Bedroom One 4.47m x 4.11m A good size bedroom to the front with double glazed bay window, radiator.
Bedroom Two 3m x 2.34m Double glazed window to the rear, radiator.
Bathroom/WC 2.18m x 2.06m Fitted with a white suite comprising; panelled shower bath, low level WC and wash basin, part tiled walls, radiator, double glazed frosted windows to the side.
Additional Bathroom Photo External To the front of the property there is a gravelled low maintenance garden and to the rear a private rear yard with up and over garage door allowing off street parking.
Lease Details We understand the following applies Leasehold: 999 years from 1989 All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band A Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage**
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 Whitley Road, Whitley Bay, NE26
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