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See how verdicts work2-bedroom flat · NE26 2PH
Sold STCListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY APPOINTED TWO BEDROOM FIRST FLOOR FLAT SITUATED CLOSE TO THE SEAFRONT IN WHITLEY BAY Brannen & Partners are delighted to welcome to the market this attractive two bedroom first floor flat, conveniently located close to amenities in Whitley Bay and Cullercoats.
Boasting period features, high ceilings, stylish interiors, dining kitchen and a private yard.
Briefly comprising: The entrance vestibule leads to a staircase rising to the first floor landing, which provides access to all principal rooms.
Positioned to the front of the property, the generously proportioned living room enjoys an abundance of natural light from a large bay window and benefits from attractive sea views.
Character features include a decorative fireplace with electric fire, ceiling rose, coving and alcove detailing.
There are two well proportioned double bedrooms, with one situated to the front elevation and the other overlooking the rear of the property.
The stylish kitchen/dining room offers an excellent range of wall and base units, an electric hob and oven, plumbing for a dishwasher, and space for a freestanding fridge freezer.
A central island provides the perfect space for everyday dining and entertaining. The room further benefits from a large rear facing window and useful alcove storage.
From the kitchen, a small staircase leads down to a practical utility area, which includes plumbing for a washing machine, additional storage space and a window providing natural light and ventilation.
The stylish bathroom comprises a WC, wash hand basin with storage cupboard beneath, and a bath with overhead shower. A window allows for natural light and ventilation.
To the rear of the utility area, a door provides access to steps leading down to a private paved yard.
Externally, the rear yard benefits from gated access to the rear lane and double gates providing off street parking if required. To the front, there is a town garden, adding to the property's appeal.
This property is ideally located close to local shops, cafes and restaurants.
It is also within walking distance to the Metro station in Cullercoats and Whitley Bay and is well placed for ease of access to major road links into the city centre and other coastal towns.
The property is a few minutes walk to the beach offering an array of watersports and activities all year round.
Entry - 1.02 x 1.02 (3'4" x 3'4") - Landing - 2.29 x 1.37 (7'6" x 4'5") - Living Room - 4.19 x 4.16 (13'8" x 13'7") - Kitchen - 4.21 x3.07 (13'9" x10'0") - Utility Space - 2.43 x 1.16 (7'11" x 3'9") - Bedroom - 2.98 x 2.40 (9'9" x 7'10") - Bedroom - 3.17 x 2.37 (10'4" x 7'9") - Bathroom - 1.89 x 1.49 (6'2" x 4'10") - Private Rear Yard - Tenure - Leasehold Term : 999 years from 12 July 1991
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
Agent & docs

FAQ
About Margaret Road, Whitley Bay
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