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See how verdicts work1-bedroom flat · NE26 3HN
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a convenient and well-established part of Whitley Lodge, this ground floor flat offers a well-proportioned layout paired with modern internal upgrades that elevate it beyond the typical.
The living room is the standout space a generous, square-shaped room that allows for flexible furniture arrangements and a natural flow, with a large window drawing in good levels of light.
A feature electric fireplace provides a focal point without dominating the room, giving it a comfortable and usable feel.
To the rear, the kitchen has been thoughtfully updated with a range of shaker-style units, wood-effect work surfaces and a clean tiled splashback.
The layout makes excellent use of the space, incorporating integrated cooking appliances and designated areas for additional white goods.
The bedroom is a well-sized double, while the shower room has been modernised with a contemporary suite including a corner shower enclosure.
One of the more practical strengths of the property is the level of storage on offer, with multiple cupboards accessed from the hallway.
The location offers easy access to local shops, amenities and transport links, making it a convenient base for day-to-day living.
Leasehold: 999 years from 01/06/1964 remaining years 937 Service charge 6 monthly £780. Includes building insurance and Ground rent Payable to Brannen & Partners.
EPC: D, Council Tax Band: A, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Fibre to Premises, Mobile Phone Blackspot: No Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any.
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
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FAQ
About 1, Claremont Court, Whitley Bay
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