2-bedroom flat · NE26 1AP
For saleListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suitable for young and old alike, a FABULOUS, FULLY REFURBISHED, TWO BEDROOM GROUND FLOOR APARTMENT, ENJOYING SEA VIEWS to the front elevation out across the promenade and towards the lighthouse.
Effectively a "new house in an old shell", the main features include a fantastic 18' x 14' main lounge with open plan access to 26'3" x 15' fully fitted luxury breakfasting kitchen with French door giving access to westerly facing rear paved courtyard.
In addition, there are two bedrooms, the main bedroom enjoying en suite bathroom/WC.
The property benefits from high quality luxury fitted kitchen, beautiful bathrooms, double glazing, gas central heating, private off road parking and westerly facing low maintenance garden area, an internal inspection is essential to fully appreciate the location, views and fantastic fit and finish.
Available with immediate vacant possession and NO UPWARD CHAIN.
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 East Parade, Whitley Bay, NE26
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