We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE26 2EQ
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED AND PROPRTIONED TWO BEDROOM GROUND FLOOR FLAT IDEALLY SITUATED WITHIN WALKING DISTANCE OF WHITLEY BAY AND CULLERCOATS SEAFRONT AND TOWN CENTRES - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this well proportioned two bedroom ground floor flat, perfectly placed within the heart of Whitley Bay.
Boasting well presented interiors, the flat benefits from an open plan kitchen/diner, newly fitted contemporary bathroom and two double bedrooms.
Due to its ideal situation, Whitley Bay & Cullercoats' seafront is only a few minutes walk, as are the town centres offering access to other local towns and Newcastle City centre via the Metro.
Briefly comprising: The welcoming L shaped hallway connects to all principal rooms of the home, incorporating an integral cupboard.
To the centre of the home, the bright and inviting living area presents a modern design and is naturally light due to the ample bay window and southerly aspect.
A feature fireplace creates a warm feel to the living space, whilst a door connects to the kitchen diner.
Open plan in design, the kitchen diner is well sized, ensuring space to accommodate a breakfasting table.
Shaker style cabinetry and wood effect worktops frame the kitchen itself, with integral appliances including an oven, hob and extractor hood, in addition to designated under counter space for further appliances.
From here, the bathroom and utility space can be accessed, equipped with fixtures and plumbing for further appliances and access to the rear yard.
Back to the initial hallway, both bedrooms are available to the front of the home.
Both bedrooms are double in size, with the primary bedroom incorporating a feature fireplaces and fitted storage to both alcoves.
Finalising the home, the contemporary bathroom has been newly fitted presenting a sleek design, furnished with a walk in shower, WC, heated towel rail and wall mounted wash basin, complete with under floor heating.
Externally, the property offers a private rear yard benefitting from a westerly aspect, inviting the sun throughout the afternoon and into the evening, in addition to an external storage cupboard.
Whereas to the front, a small gravelled area sits to the right of the front door. This property is ideally located close to local shops, cafes and restaurants in Whitley Bay town centre.
This property also benefits from being within the catchment area for some of Whitley Bay’s most sought-after schools.
The local transport links are easily accessible, with Whitley Bay Metro station within walking distance, as well as access to major road links into Newcastle City centre and other coastal towns nearby.
Entrance Hallway - 3.24 x 5.61 (10'7" x 18'4") - Living Room - 5.27 x 3.61 (17'3" x 11'10") - Kitchen Diner - 2.61 x 5.98 (8'6" x 19'7") - Utility Room - 1.89 x 2.69 (6'2" x 8'9") - Bedroom One - 3.47 x 3.05 (11'4" x 10'0") - Bedroom Two - 3.47 x 2.25 (11'4" x 7'4") - Bathroom - 2.47 x 2.68 (8'1" x 8'9") - Rear Yard & Front Garden - Tenure - Leasehold - Share of Freehold - 975 years remaining
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Alma Place, Whitley Bay
Explore nearby