2-bedroom flat · NE26 2EQ
Sold STCReduced £5k (−2.7%) on 7 OctListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This stunning two double bedroom ground floor flat is presented in exceptional condition throughout, offering spacious and well-appointed accommodation ideal for a range of buyers.
The property features two generous double bedrooms, a bright and welcoming living space, a modern fitted kitchen, and the added convenience of a separate utility room.
Finished to a high standard, the flat is ready to move straight into with tasteful dcor throughout.
To the rear, a private enclosed yard provides an excellent outdoor space for relaxing or entertaining.
Ideally situated just a short stroll from the seafront, the property enjoys easy access to the beach, local amenities, transport links, and a variety of shops, cafs, and restaurants.
Combining generous living space, a sought-after coastal location, and immaculate presentation, this superb ground floor flat represents an outstanding opportunity for first-time buyers, downsizers, or investors alike.
Early viewing is highly recommended. Council Tax Band: A Tenure: Leasehold Length of Lease: 965
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 4, Alma Place, Whitley Bay
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