3-bedroom flat · NE26 2AS
No longer listedListed 252 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East welcomes you to this exceptional three-bedroom penthouse apartment, offering 2,300 square feet of luxury living on the iconic Whitley Bay seafront.
With uninterrupted sea views and a private balcony overlooking the beach, this home perfectly captures coastal living at its finest.
The welcoming hallway leads to a stunning kitchen with sleek units, integrated appliances, a breakfast bar, and space for relaxed seating, all enhanced by panoramic sea views and direct balcony access.
A separate dining room provides the ideal space for entertaining, while the bright and spacious living room enjoys an abundance of natural light and further captivating coastal outlooks.
The apartment features three generous double bedrooms, including a principal suite with dressing room and en-suite, while bedroom two also benefits from its own en-suite.
A modern family bathroom, complete with bath, shower, wash basin and WC, serves the remaining accommodation.
Externally, the impressive balcony offers spectacular views over Whitley Bay Beach, creating the perfect setting to relax and unwind.
The property also benefits from lift access and an allocated space within a private car park.
With a fantastic selection of local bars, shops and eateries, well-regarded schools, and excellent transport links nearby, this is a truly enviable seaside location.
Available Now Tenancy Term: 12 months Council Tax Band: D £3,000.00 pcm tenancy application fees: To reserve this property, a refundable holding deposit of one week's rent is required, on move in, this will be deducted from your first months rent.
A damage deposit for the property is compulsory and is equivalent to 5 week's rent.
Living Room (6.93 x 5.93 (22'8" x 19'5")) Dining Area (6.07 x 3.54 (19'10" x 11'7")) Bathroom (2.88 x 3.55 (9'5" x 11'7")) Bedroom One (6.32 x 2.00 (20'8" x 6'6")) En Suite One (1.95 x 2.40 (6'4" x 7'10")) Bedroom Two (4.64 x 6.00 (15'2" x 19'8")) En Suite Two (1.9 x 2.33 (6'2" x 7'7")) Bedroom Three (3.7 x 5.06 (12'1" x 16'7")) Kitchen (9.42 x 4.63 (30'10" x 15'2")) Sun Room (3.44 x 2.32 (11'3" x 7'7")) Dressing Room (1.81 x 2.56 (5'11" x 8'4")) Notice regarding free standing gas & electric appliances: Any free standing appliances shown on photographs or present on viewings may not be included in the tenancy.
Please obtain confirmation in writing from our office as to the inclusion of any appliances which you require included within the tenancy, before you proceed with an application for any property
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 15 Montague Apartments, 55 Esplanade, Whitley Bay
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