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 1NU
For saleReduced £5k (−3.4%) on 9 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
North Parade, Whitley Bay, NE26 1NU Nestled in the heart of sought-after Whitley Bay, this well-presented two-bedroom apartment offers spacious accommodation and an enviable coastal lifestyle just moments from the seafront, local amenities, cafés, and excellent transport links.
The property is accessed via a communal entrance leading to a private hallway.
The spacious living room provides an excellent space for relaxing and entertaining, while the adjacent fitted kitchen offers a practical layout with ample storage and worktop space.
There are two generously proportioned double bedrooms, both offering comfortable living accommodation, with the principal bedroom benefiting from a particularly spacious layout.
The well-appointed family bathroom comprises a bath with shower over, wash hand basin and WC.
Combining character, generous room sizes and a prime location close to Whitley Bay's vibrant town centre and beautiful coastline.
Early viewing is highly recommended to appreciate the space and potential this property has to offer. Tenure: Leasehold (Approx.
105 years remaining) Council Tax Band: A EPC Rating: D Key Features Two double bedrooms Spacious living room Fitted kitchen Modern bathroom Approx. 657 sq. Ft. (61 sq.
M.) Upper floor apartment Leasehold with approximately 105 years remaining Service charge: £2,130 per annum Ground rent: £250 per annum Excellent coastal location Walking distance to Whitley Bay seafront Close to shops, restaurants and Metro links Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
.png)
FAQ
About 17C,, North Parade, Tyne and Wear
Explore nearby