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See how verdicts work2-bedroom flat · NE26 4AJ
Under offerListed 509 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculately presented, upper floor flat was built in the 1950's and is perfectly located in a highly sought after residential area.
It boasts a variety of modern features, has no upper chain and is ideal for a range of buyers.
With over 570 square feet of accommodation on offer, this beautiful property consists of a good sized vestibule leading to the hallway which has stairs up to the first floor and a door to the rear yard.
On the first floor landing there is a built in cloaks cupboard, loft access and doors to all rooms.
There is a light and spacious reception room and a contemporary kitchen benefitting from a range of units with solid wood worktops and integrated oven and induction hob, with spaces for a fridge freezer and washer dryer.
There are two good sized double bedrooms, one with fitted wardrobes, and a modern bathroom with a walk in rainfall shower, vanity washbasin with cupboards beneath and integrated WC.
Externally there is a substantial rear yard with outbuildings providing additional storage.
The amazing condition, generous size and location of this property makes for an exciting opportunity which can only truly be appreciated by a visit.
Whitley Bay is a beautiful seaside town known for its seamless merging of old and new, vibrant and peaceful.
The town centre remains loyal to its diverse heritage, whilst providing the very best modern amenities such as a mix of boutique shopping, excellent schools and exceptional public transport links.
As such, Whitley Bay attracts a diverse community from retirees to families, from young couples to single professionals.
Vestibule - Hallway - Landing - Reception Room - 4.45m x 3.86m (14'7 x 12'8) - Kitchen - 2.59m x 2.34m (8'6 x 7'8) - Bedroom One - 3.89m x 3.61m (12'9 x 11'10) - Bedroom Two - 3.02m x 2.64m (9'11 x 8'8) - Bathroom Wc - 2.06m x 1.68m (6'9 x 5'6) - Rear Garden -
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 Gorsedene Avenue, Whitley Bay
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