1-bedroom flat · NE26 1NB
Let agreedListed 428 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *** luxury holiday let apartment *** Fabulous standard ground floor apartment with allocated parking, located in an imposing victorian building in the heart of Whitley Bay, with everything on your doorstep including the vibrant town centre and sea front.
The apartment sleeps up to 4 persons, with a double bedroom and a lounge converting into a bedroom if necessary with a double robust sofa bed.
The property has been refurbished to a high specification, including a lovely spacious open plan lounge/dining space to the front which can be used as a second bedroom having a full sized quality sofa bed, there is even a tiny sea view !, a cosy double bedroom to the rear with everything you'll need, a fantastic fitted kitchen with appliances and ample unit space, and a modern fitted bathroom / shower room.
Internally the property is decorated to a fresh modern look, with quality fixtures and furnishings, and is professionally cleaned between all guest to a high standard.
The property is double glazed, centrally heated with easy to use controls, and is accessible from either the impressive front entrance, or the rear where there is allocated parking bays.
We have a travel cot and high chair onsite for any mini visitors..
You can view a video tour of this property by searching you tube 'Marine Apartment, Whitley Bay' Available for short stays from 2 days to one month a a time.
Further details available on request, rates can vary depending on time of year Please note the nightly rate advertised is a 'from rate', meaning a base out of season rate.
Rates on holiday let properties vary depending on the time of year and can vary from week day to weekend rates.
For a specific quote for a booking, please submit an enquiry including your proposed dates.
In addition to the stay cost, guests pay a damages deposit, which is usually around £250, this is returned following the booking usually within 3 business days, subject to no damages.
Council Tax Band: B Deposit: £500
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 5, 55 Marine Ave *HL*, Whitley Bay
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