1-bedroom flat · NE26 1QN
Sold STCListed 183 days
Opportunity summary
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About
BRIGHT AND SPACIOUS ONE BEDROOM GROUND FLOOR APARTMENT WITH PRIVATE TERRACE, IDEALLY SITUATED IN THE HEART OF NORTH WHITLEY BAY - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well presented ground floor one bedroom apartment, perfectly positioned within the heart of North Whitley Bay.
Presenting bright and spacious accommodation, the property appeals to a range of buyers including downsizers, first time buyers and buy to let investors.
Briefly comprising: Secure communal entrance with stairs to all floors. Once inside, the private hallway benefits from a built in double storage cupboard and offers access to all principal rooms.
Positioned to the front of the home, the considerable living space is flooded with natural light, due to the floor to ceiling window and south facing position.
From here a door connects to a sunny private terrace overlooking the well maintained communal gardens.
Back inside, the ample bedroom furnished with integral storage, is accessible from the living area.
Progressing into the rear of the property, the contemporary kitchen presents a variety of neutral shaker style fitted wall, base and drawer units, framed with wood effect worktops.
Integrated appliances include: hob, oven and extractor hood, as well as designated space and fittings for further appliances.
Completing the configuration, the modern bathroom is partially tiled offering a minimalist design and comprises a bath with shower overhead, heated towel rail, W.C and vanity wash basin with storage beneath.
Externally there are well maintained communal gardens. This property is ideally located close to local shops, cafes and restaurants.
The property is a few minutes walk from Marine Park First School, as well as Whitley Bay seafront.
The local transport links are also easily accessible, with both Monkseaton and Whitley Bay Metro stations within walking distance, as well as access to major road links into the city centre and other coastal towns nearby.
Communal Entrance - Hallway - 2.16 x 1.11 (7'1" x 3'7") - Living Room - 3.40 x 4.54 (11'1" x 14'10") - Terrace - Kitchen - 2.12 x 3.53 (6'11" x 11'6") - Bedroom - 2.06 x 3.47 (6'9" x 11'4") - Bathroom - 2.14 x 1.69 (7'0" x 5'6") - Communal Gardens - Tenure - Leasehold
Value & comps
No previous sales on record.
Returns
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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
About Marine Court West, Whitley Bay
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