3-bedroom flat · NE26 3LZ
Listing removedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 3-Bed Maisonette In Whitley Bay, Close To Seafront & Schools An exceptional opportunity to acquire this substantial three-bedroom maisonette, offered to the market with the significant advantage of no upper chain.
Combining generous accommodation, period character and excellent potential, this spacious home is ideally suited to families, professionals and those looking to create a home tailored to their own tastes.
Set over two floors, the property offers an impressive amount of living space throughout.
The accommodation briefly comprises three well-proportioned bedrooms, a bright and spacious living room, a separate dining room and a fitted kitchen, providing a versatile layout to suit a range of lifestyles.
The two reception rooms offer excellent flexibility, whether utilised as formal entertaining space, a home office, children's playroom or an additional sitting room.
The property enjoys a convenient location within easy reach of Whitley Bay's award-winning coastline, with the beach, promenade and a range of local amenities all close by.
The popular Park View area, renowned for its independent cafés, restaurants, bars and boutique shops, is within walking distance, while excellent transport links provide easy access to Newcastle city centre and surrounding areas.
Families will also appreciate the property's position within the catchment area for highly regarded local schools, including Whitley Bay High School.
There is exciting potential, subject to any necessary consents, to reconfigure the accommodation and create a home perfectly suited to modern living.
Opening the kitchen into the adjoining reception room would create a stylish open-plan kitchen, dining and living space, ideal for both everyday family life and entertaining.
Alternatively, the dining room could be incorporated into a generous family kitchen, with the existing galley kitchen repurposed as a practical utility room or walk-in pantry.
Outside, the rear yard also offers excellent scope to be transformed into an attractive, low-maintenance courtyard, perfect for relaxing or outdoor entertaining.
Offering generous proportions, a versatile layout, excellent potential and a sought-after coastal lifestyle, this is a fantastic opportunity to acquire a characterful home in Whitley Bay.
Early viewing is highly recommended.
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
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FAQ
About 59 Ilfracombe Gardens, Whitley Bay, Tyne and Wear
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