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See how verdicts work2-bedroom flat · NE26 3BL
Listing removedListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this 2 BEDROOMED 2ND FLOOR APARTMENT WHICH IS IN EXCELLENT ORDER THROUGHOUT.
This property benefits from uPVC double glazing, gas central heating, security entry-phone, lounge with uPVC double doors to Juliette balcony overlooking the school playing field, excellent dining kitchen, 2 good-sized bedrooms – one with en suite shower room, bathroom & designated car parking bay.
On the 2nd floor : hall, lounge, dining kitchen, bathroom & 2 bedrooms one with en-suite shower room.
Externally : Each apartment has its own designated car parking bay and there is also separate Visitor car parking (both with permits).
Deneside Court is situated on the fringe of Whitley Lodge close to all local amenities and most convenient for bus services which connect up with the Town centre, Metro system and Sainsburys Supermarket.
ON THE SECOND FLOOR: HALL: radiator, storage cupboard containing 'Powermax' gas central heating boiler.
LOUNGE: 12'9" x 14'11" (3.89m x 4.55m) with 2 radiators, security entry-phone, fireplace with electric fire, uPVC double glazed double doors to Juliette balcony.
DINING KITCHEN: 11'4" x 9'10" (3.45m x 3.00m) with 'Whirlpool' gas hob with illuminated extractor fan above, 'Whirlpool' oven, integrated fridge/freezer, integrated dishwasher, 'Zanussi' washing machine, partially tiled walls, radiator & uPVC double glazed window.
2 BEDROOMS No. 1: at the rear 12'3" x 10'7" (3.73m x 3.23m) with radiator & uPVC double glazed window.
PLUS - en-suite shower room with low level WC, pedestal washbasin, tiled shower cubicle, shaver point & extractor fan. No.
2: at the rear 8'7" x 16'0" (2.62m x 4.88m) with radiator & uPVC double glazed window. BATHROOM: panelled bath, vanity unit, low level WC, double radiator & extractor fan.
EXTERNALLY: GARDENS: communal front garden. TENURE: Leasehold. 125 years from 01.09.2001.
There is also an annual maintenance charge payable on each apartment which includes building insurance on the block, the upkeep of the hall, stairs & landings, window cleaning, and maintenance of the gardens.
We believe the current figure to be approximately £1556 per annum to Kingston Property Services, plus a nominal (£20 per 6 months) to the landlord. Council Tax Band: C
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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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.
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FAQ
About Deneside Court, Whitley Bay, Tyne & Wear, NE26 3BL
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