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See how verdicts work2-bedroom flat · NE26 2NE
Under offerListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY UPDATED & PRESENTED SELF CONTAINED UPPER FLOOR FLAT which is in excellent decorative order throughout and has the advantage of uPVC double glazing, gas central heating (combi boiler), refitted kitchen & bathroom, two bedrooms – one of which is currently purposed as a dining room, loft space with Velux roof lights and front garden.
On the ground floor : staircase to landing. On the 1st floor : split level landing, 2 bedrooms (one currently used a dining room), lounge, kitchen and bathroom. Externally : front garden.
This property is located in the centre of Whitley Bay within easy walking distance of the seafront, beach, town centre, Whitley Bay Metro station, local schools and everyday amenities.
There are strong road links nearby providing access to the coast, A19, Newcastle City Centre and surrounding areas.
ON THE GROUND FLOOR: HALL: accessed via your own uPVC double glazed front door, radiator, dado rail, feature panelling and staircase to first floor landing.
ON THE FIRST FLOOR: LANDING: split level with feature wood panelling and staircase to loft space.
LOUNGE: 14’ 8” x 10’ 6” (4.47m x 3.20m), radiator, uPVC double glazed window and 6 concealed down lighters.
KITCHEN: refitted, 10’ 8” x 7’ 1” (3.25m x 2.16m), fitted wall and floor units, uPVC double glazed window, wall mounted ‘Baxi’ gas fired combination boiler, 4 ring stainless steel gas hob with illuminated extractor hood above, ‘Samsung’ oven, part tiled walls, plumbing for washing machine, integrated fridge freezer, radiator and 4 concealed down lighters.
BATHROOM: tiled floor, part tiled walls, large walk-in panelled shower enclosure with mixer shower, pedestal washbasin, low level WC, upright towel radiator and uPVC double glazed window.
BEDROOM 1: at rear, 12’ 6” x 11’ 4” (3.81m x 3.45m - currently purposed as a dining room), radiator, uPVC double glazed double opening doors to small balcony with access staircase to rear.
BEDROOM 2: at front, 10’ 11” x 6’ 7” (3.33m x 2.01m) including large fitted cupboard, radiator and uPVC double glazed window.
LOFT SPACE: 18’ 0” x 10’ 6” (5.49m x 3.20m - maximum overall measurement), brick feature wall, fitted floor cupboards for storage, 2 double glazed ‘Velux’ roof lights with blinds, radiator, roll top bath and 4 concealed down lighters.
EXTERNALLY: GARDEN: wrought iron gate and paved walkway, front garden which has slate chippings for easy maintenance. TENURE: Leasehold. 999 years from 28 March 2014. Council Tax Band: A
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 Whitley Road, Whitley Bay, Tyne & Wear, NE26 2NE
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