1-bedroom flat · NE26 1LU
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson are delighted to welcome the to the sales market this stunning one bedroom ground floor flat situated in this quiet pedestrianised street within a minutes walk to the promenade, beach, amenities and close to the vibrant, award winning Whitley Bay town centre and is also beautifully postioned in this sought after area.
Comprising entrance leading to the large bright lounge with bay window and feature fire surround, kitchen fully fitted with range of white wall and floor units, integrated oven, hob, double bedroom with sea view, fitted cupboard, lobby with cupboard, good sized bathroom with white suite, shower, tiled floor.
Externally there is a private front patio with a sea view. No upper chain!
Call Pattinson now to arrange your viewing or Council Tax Band: A Tenure: Leasehold Length of Lease: 125 years from 28 February 2008 Lounge (5.3m x 5.2m) Large bright living room with double glazed bay window, brand new carpets, fire surround, radiator.
Kitchen (3.6m x 2.0m) Fully fitted with a range of wall and floor units, integrated oven, hob, radiator.
Bedroom (3.6m x 3.5m) Double bedroom with sea view, storage cupboard, radiator, brand new carpet.
Bathroom (3.6m x 1.4m) Good sized bathroom with white suite, part tiled walls, wash hand basin, wc, radiator, shower. Front Patio Fenced and paved with sea view.
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 12, Elmwood Grove, Whitley Bay
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