3-bedroom flat · NE26 3HL
Under offerListed 144 days
Opportunity summary
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About
We are offering for sale this conveniently situated & deceptively spacious LARGER STYLE THREE/FOUR BEDROOMED DOUBLE-FRONTED MAISONETTE suitable for a variety of buyers, with the benefit of uPVC double glazing, generous living room, study/4 th bedroom, open aspects over the field at Whitley Lodge and the shopping parade with distant, restricted sea views beyond.
The spacious accommodation on offer briefly comprises: on the 1st floor : entrance hall, kitchen with oven & hob, L-shaped living room, study/4th bedroom.
On the 2nd Floor: landing, 3 good sized bedrooms, bathroom, separate WC, externally : small sunny west-facing patio.
This property is situated in an excellent position on the fringe of Whitley Lodge, accessed via a staircase to the north side of Whitley Lodge shopping parade, very close to local amenities including a 'Tesco Express' Store, 'Davanti' Restaurant and a variety of shops and independent businesses.
Ideal for Whitley Bay Golf Course, the Brierdene nature park, beach and sea front as well as providing convenient access to local bus services which connect up with the Town centre, Metro system and the wider coastal area.
This property is also in the catchment area for Whitley Lodge First School (ages 5-9), Valley Gardens Middle School (ages 9-13) and Whitley Bay High School (ages 13-18).
NO UPPER CHAIN ON THE FIRST FLOOR: ENTRANCE HALL : 12’ 5” x 6’ 1” (3.78m x 1.85m), uPVC double glazed front door & screen, understairs store cupboard, 'Dimplex' electric wall heater and staircase to 2nd floor.
KITCHEN: at front, 12' 7" x 6' 9" (3.84m x 2.06m) with fitted wall & floor units, hob with tiled splashback & illuminated extractor hood above, oven, stainless steel sink with mixer tap & drainer, plumbing for washing machine, 4 concealed downlighters & uPVC double glazed window with sunny westerly aspect.
LIVING ROOM: at rear, 22' 7" x 15' 2" (6.88m x 4.62m – maximum overall L-shaped measurement), 2 electric wall heaters and 2 uPVC double glazed windows offering a dual aspect, one over the field at Whitley Lodge and the other with a views over the shopping parade.
STUDY/4TH BEDROOM: 8' 7" x 8' 1" (2.62m x 2.46m) with uPVC double glazed window. Note: photograph is historical.
ON THE SECOND FLOOR: LANDING: with 'Dimplex' electric wall heater and access to loft space.
BATHROOM: part-tiled walls, panelled bath with 'Triton' shower over & screen, pedestal washbasin, vertical stainless steel towel radiator, airing cupboard, 4 concealed downlighters and uPVC double glazed window.
SEPARATE WC: low level WC and uPVC double glazed window.
BEDROOM 1: at rear, 12' 5" x 11' 6" (3.78m x 3.51m) plus double fitted wardrobe, 'Newlec' electric wall heater and uPVC double glazed window with open easterly aspect providing a distant, restricted sea view.
BEDROOM 2: at side, 14' 1" x 9' 10" (4.29m x 3.00m - maximum overall measurement), 'Dimplex' electric wall heater and uPVC double glazed window with an open aspect overlooked the field at Whitley Lodge.
BEDROOM 3: at front, 9' 9" x 8' 9" (2.97m x 2.67m) plus walk-in wardrobe, 'Newlec' electric wall heater and uPVC double glazed window with sunny westerly aspect.
EXTERNALLY: Small West-facing patio area with brick store cupboard.
TENURE: Leasehold: 125 years from 2016 (115 years remaining) Ground Rent: £250 per annum – reviewed every 25 years Building Insurance: £TBC seller to advise on current costs Service Charge: £TBC seller to advise on current costs COUNCIL TAX BAND: A
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About Claremont Crescent, Whitley Lodge, Whitley Bay, NE26 3HL
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