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 work3-bedroom terraced house · NE26 2AX
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY PRESENTED THREE BEDROOM TERRACED PROPERTY SITUATED CENTRALLY WITHIN WHITLEY BAY ONLY MINUTES FROM THE SEAFRONT We are delighted to bring to the market this spacious three bedroom terraced home, conveniently situated close to local shops and amenities in Whitley Bay.
Boasting period features, two reception rooms, attractive interiors and a private yard. Briefly comprising: Entrance vestibule leading to a welcoming hallway.
Overlooking the front of the property is an inviting living room, featuring high ceilings, decorative coving, picture rail, attractive fireplace and bay window.
Moving towards the rear of the property is the dining room, offering a second reception space and overlooking the yard.
The well equipped kitchen/breakfast room has a good range of fitted wall and base units with a peninsular for seating.
Integrated appliances include a dishwasher, fridge/freezer, extractor hood and space for a Range style oven.
A handy utility room provides additional storage, sink, plumbing for a washing machine and access out to the rear yard.
To the first floor is a split landing leading to the bathroom and three bedrooms.
Firstly the family bathroom, generously proportioned and comprising a freestanding bath, separate walk in shower, hand basin within a vanity unit, W.C. and heated towel rail.
Two of the three bedrooms are doubles in size and both feature decorative fireplaces. Externally to the rear is a private yard with an artificial lawn.
To the front is a low maintenance garden, also with an artificial lawn offering a pleasant seating area.
Whitley Bay is a popular coastal town with a good selection of shops, cafés and restaurants as well as the recently refurbished Dome at the Spanish City and the regenerated promenade.
There are good road and local transport links in to the city centre and to other coastal towns as well as highly regarded schools at all levels nearby.
Entrance Vestibule - Hallway - Living Room - 4.72m x 3.58m (15'5" x 11'8") - Dining Room - 3.89m x 3.49m (12'9" x 11'5") - Kitchen/Breakfast - 4.95m x 2.72m (16'2" x 8'11") - Utility Room - 2.79m x 2.01m (9'1" x 6'7") - Bedroom One - 3.88m x 3.57m (12'8" x 11'8") - Bedroom Two - 3.95m x 3.50m (12'11" x 11'5") - Bedroom Three - 3.55m x 1.88m (11'7" x 6'2") - Bathroom - 4.07m x 2.70m (13'4" x 8'10") - Externally - To the rear is a private yard with an artificial lawn.
To the front is a low maintenance garden, also with an artificial lawn offering a pleasant seating area. Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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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 Percy Road, Whitley Bay
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