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See how verdicts work2-bedroom flat · NE26 1HW
Listing removedListed 230 days
Opportunity summary
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About
SPACIOUS AND WELL PRESENTED TWO BEDROOM FOURTH FLOOR APARTMENT WITH PANORAMIC SEA VIEWS, PRIVATE RESIDENT PARKING AND GARAGE - AVAILABLE WITH NO UPPER CHAIN AND TO CASH BUYERS ONLY Brannen and Partners are delighted to welcome to the market this well presented fourth floor apartment offering panoramic sea views, private resident parking and a detached garage.
Boasting spacious accommodation, the home presents two double bedrooms, expansive living space with connecting balcony, lengthy and well equipped kitchen and modern shower room, complete with communal gardens surrounding the development.
Briefly comprising: Secure communal entrance with lift provides access to all apartments within the development.
Once inside the apartment itself, the hallway connects to all rooms of the property, whilst incorporating integral storage cupboards and an intercom system.
To the end of the hallway, the expansive living space features a dual aspect flooding the space with natural light.
Furnished with a feature fireplace housing an electric fire, the living area is warm and inviting, whilst a sliding door leads out onto the balcony offering panoramic views of Whitley Bay’s coastline.
Adjacent to the living room, the lengthy kitchen is well equipped with a large variety of wall, base and drawer units, finished in a neutral design.
Integral appliances include an eye level oven, hob, fridge freezer, dishwasher and washing machine. From here, a smaller balcony can be accessed.
Two double bedrooms are positioned to the front of the home, and house fitted wardrobes, offering versatile spaces. The second bedroom is currently utilised as a dining room.
A well sized, modern shower room incorporates a walk in shower, WC, pedestal wash basin and heated towel rail.
Externally, the development is bordered with mature and well maintained communal gardens, whilst a private residents car park sits to the rear plus a single garage.
Whitley Bay is a popular coastal town with a good selection of cafés and restaurants, as well as the recently refurbished Dome at the Spanish City.
Whitley Lodge is only a stone's throw away and offers a selection of local shops and restaurants.
There are good road and local transport links in to the city centre and other coastal towns, as well as highly regarded schools at all levels.
Communal Entrance - Private Hallway - 1.26 x 5.89 (4'1" x 19'3") - Living Room - 4.89 x 3.71 (16'0" x 12'2") - Balcony - Kitchen - 1.89 x 4.11 (6'2" x 13'5") - Bedroom One - 3.83 x 3.01 (12'6" x 9'10") - Bedroom Two - 3.83 x 2.90 (12'6" x 9'6") - Bathroom - 1.79 x 2.29 (5'10" x 7'6") - Garage - Communal Gardens & Car Park - Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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