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See how verdicts work2-bedroom flat · NE26 2BH
Sold STCReduced £11k (−7.3%) on 26 OctListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding, second floor apartment, just a short walk from our gorgeous beach, Metro, vibrant town centre and all things fabulous!
Beautifully presented throughout with a secure entry system, impressive hallway, open plan lounge/dining kitchen with a stylish and contemporary kitchen, integrated appliances and breakfast bar.
The lounge and kitchen both benefit from windows allowing maximum light into this gorgeous room. There are two double bedrooms, bedroom two with some distant sea views.
The bathroom is beautifully presented with a modern suite, showcasing a bath and shower, modern electric heating, allocated parking bay. The apartment also benefits from no onward chain.
EPC: C, Council Tax Band: B. Electric, Water, Drainage: Mains Connected. Heating: Electric, Broadband: Fibre, Mobile Phone Blackspot: No, Leasehold: 999 years from 01 Jan 2003 977 years remaining.
£100 per month service charge payable to Brannen & Partners Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any.
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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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.
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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 Edwards Road, Whitley Bay
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