2-bedroom flat · NE26 1HW
For saleListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY SITUATED AND WELL MAINTAINED 2 BEDROOMED 2 ND FLOOR APARTMENT which has the advantage of being located on the sunny south westerly corner of the block with easterly sea views from the corner lounge window and kitchen balcony and a westerly aspect from the lounge balcony.
This apartment has the advantage of, uPVC double glazing, gas central heating (radiators), balconies from the lounge and kitchen, lounge with fireplace & dual aspects, breakfasting kitchen, shower room and a detached garage with up and over door.
Beacon House was purpose built in the 1960s, 11 storeys high with 4 flats to each floor, all of which are served by staircases and recently installed lifts.
Each floor has a waste disposal chute and outside drying area and each flat has a personal security answering system.
We understand that the block balconies are to be renewed and work is expected to commence in early July. On the ground floor : communal Hallway with lifts & stairs to all floors.
On the second floor: landing, 2 balconies. Apartment : Hall, Shower room, Kitchen, 2 Bedrooms, Lounge. Externally : single lock-up garage.
Beacon House is situated on the sea front within a stones throw of the beach, approximately midway between Whitley Bay & St Marys Lighthouse, convenient for Whitley Lodge shops, Waves Leisure Centre, Whitley Bay Golf Course, main road buses to Blyth, Whitley Bay and Newcastle and local bus services connecting up with Whitley Bay Town centre, Metro system, & local supermarkets.
ON THE GROUND FLOOR: COMMUNAL ENTRANCE & HALLWAY lifts & stairs to upper floors & secure entry-phone system.
APARTMENT: HALL: 19’ 2” x 6’ 2” (5.0m x 3.73m - maximum overall L shaped measurement), double fitted storage cupboard, fitted floor cupboard housing fuseboard, radiator and telephone point.
LOUNGE: 16’ 5” x 12’ 3” plus recess housing uPVC double glazed corner window with vertical louvred blinds offering south and easterly views over Western Way and the sea beyond, stone feature fireplace and hearth incorporating coal effect electric fire, large uPVC double glazed picture window & sliding patio door with vertical louvred blinds and curtains providing a sunny westerly aspect giving access to the balcony and 2 radiators one of which is double banked.
BALCONY: with sunny westerly aspect.
KITCHEN: 13’ 9” x 7’ 1”, (4.19m x 2.16m), fitted wall & floor units, part tiled walls, 1 ½ bowl sink & drainer with mixer tap, ‘Bosch’ washing machine, ‘Cannon’ cooker with 4 ring gas hob, recess housing fridge freezer & microwave, double cupboard housing ‘Vokera’ combi-boiler, uPVC double glazed door leading to balcony, uPVC double glazed window with vertical louvred blinds, telephone point and security entry phone.
BALCONY: with southerly aspect. BATHROOM: 7’ 6” x 6’ 0” (2.29m x 1.83m), part tiled walls, panelled shower enclosure with ‘Aqualisa’ shower (renewed approx.
2024), pedestal washbasin, low level WC, radiator, mirrored medicine cabinet, shaver point and extractor.
BEDROOM 1: 12’ 7” x 9’ 9” (3.84m x 2.97m), plus freestanding wardrobe, bookshelf, radiator and uPVC double glazed window with vertical louvred blinds and curtains.
BEDROOM 2: 12’ 9” x 9’ 6” (3.89m x 2.90m) plus fitted wardrobes with sliding mirrored doors, free standing wardrobe with mirrored doors, chest of drawers, bedside cabinet, radiator and uPVC double glazed window with vertical louvred blinds and curtains.
EXTERNALLY: GARAGE: at rear in a block, 18’ 8” x 8’ 0” (5.69m x 2.44m) with up & over door, power and light. GARDENS which surrounding for the use of residents. TENURE: 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.
Works are due to commence on the block balconies which are expected to commence in early July. 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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, Whitey Bay, Tyne and Wear, NE26 1HW
Explore nearby