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See how verdicts work2-bedroom flat · NE26 2EJ
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated on the edge of Whitley Bay town centre close to the shops, Metro, sea front and other amenities, a DECEPTIVELY SPACIOUS UPPER MAISONETTE.
The property enjoys a larger style lounge/diner, spacious 'L' shaped well fitted breakfasting kitchen, TWO GOOD SIZE DOUBLE BEDROOMS and a MODERN SHOWER ROOM/WC.
Benefiting from gas central heating, double glazing and OFFERED WITH NO UPWARD CHAIN, an internal inspection is essential to fully appreciate the excellent location and superb value for money on offer.
Ideal for first time buyer or investor. Ground Floor Entrance Lobby With stairs up to first floor. First Floor Landing Built in storage cupboard, radiator.
Lounge / Diner 5.08m x 5.1m Spacious room with floor to ceiling, double glazed picture window providing fantastic natural lighting, TV point, feature wood laminate style flooring/carpet, cornicing and radiator.
Kitchen 4.17m x 2.54m An 'L' shaped breakfasting kitchen with range of modern white wall and floor units, wood block style worktops, stainless steel one and a half single drainer sink unit, built in oven and hob, wall mounted central heating boiler, double glazed windows to two side provide great natural lighting, plumbing for washing machine, spot lights.
Additional Kitchen Photo Double Bedroom One 4.32m x 2.97m Situated to the front of the property with two large double glazed windows providing fabulous natural lighting, fitted display alcove with shelving and cupboard, radiator.
Luxury Shower Room/WC Recently refurbished modern white suite with low level WC, wash hand basin in vanity unit with spacious storage space below, walk-in shower with glass door, feature splash tiling, tiled floor, spot lights, extractor fan and heated towel rail.
Second Floor Room Two 4.4m x 2.92m Large Velux window (fitted blind) provides good natural lighting, eaves storage, stripped and polished flooring, radiator. External Shared yard.
Bin storge.
Agent's Notes * Fantastic Location * Close to Town Centre Amenities/Sea Front * NO UPWARD CHAIN * Beautiful Kitchen * Luxury Shower Room/WC Tenure Lease Term - 999 years from 2003 Lease Term Remaining - 976 years Council Tax Band North Tyneside Council Tax Band A Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage** Location Map
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 Devonshire Terrace, Whitley Bay, NE26
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