We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom property · NE25 8PP
Listing removedReduced £20k (−4.1%) on 21 JunListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East welcomes you to this charming four-bedroom, semi-detached 1930s home set in the heart of Whitley Bay.
With the beautiful Cullercoats Beach and Marden Quarry Nature Reserve close by, it offers an enviable coastal lifestyle.
A variety of convenient amenities, along with popular pubs and eateries, are just a short stroll away, while Cullercoats Metro Station provides excellent transport links for effortless commuting.
Entering through the hallway, you’re welcomed into the first reception room, currently arranged as a spacious dining area and enhanced by a bow window and elegant ceiling detailing.
Continue through to the generously sized living room, where an ornate fireplace and sliding doors leading to the rear garden create a warm, characterful space filled with natural light.
The spacious kitchen offers attractive wall and base units, contemporary countertops, and an adjoining dining area that adds to the home’s sociable atmosphere.
A convenient utility room completes the ground floor.
To the first floor, you’ll find three bedrooms, two of which are well-proportioned doubles, including the principal bedroom which enjoys a charming bow window.
The family bathroom, fitted with a bath, overhead shower, wash basin and WC, completes this floor.
The second floor offers a spacious loft room with an en suite, providing a comfortable additional bedroom or versatile living space.
Externally, the property boasts a well-sized rear garden laid to lawn and patio, complete with a delightful pergola and seating area, perfect for outdoor dining and relaxation.
Off-street parking is available via a garage and driveway.
Living Room (4.7 x 2.0 (15'5" x 6'6")) Dining Room (3.69 x 2.00 (12'1" x 6'6")) Kitchen (5.7 x 2.69 (18'8" x 8'9")) Dining Area (3.48 x 1.96 (11'5" x 6'5")) Utility (2.21 x 2.32 (7'3" x 7'7")) Bedroom One (3.73 x 2.00 (12'2" x 6'6")) Bedroom Two (3.79 x 2.0 (12'5" x 6'6")) Bedroom Three (4.71 x 3.1 (15'5" x 10'2")) En Suite (1.6 x 1.98 (5'2" x 6'5")) Bedroom Four (2.0 x 2.19 (6'6" x 7'2")) Bathroom (2.52 x 2.19 (8'3" x 7'2")) Garage (2.27 x 2.32 (7'5" x 7'7"))
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.
Area
Agent & docs
FAQ
About 146, Plessey Crescent, Whitley Bay
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