We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE26 3BL
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY SITUATED AND GENEROUSLY PROPORTIONED TWO BEDROOMED GROUND FLOOR APARTMENT which was built in 2003 by Barratt Homes.
This splendid apartment has the advantage of overlooking Whitley Lodge First School to the front, the bathroom has been reconfigured and refreshed with a walk-in shower replacing the bath, refreshed en-suite shower room to the main bedroom which also has fitted wardrobes, generous lounge with patio doors and fireplace, breakfasting kitchen, communal gardens and both designated and visitor car parking is available.
Advantages also include uPVC double glazing and gas central heating (recently installed combi boiler - April 2025). On the ground floor only : communal hallway.
Apartment No: 4: spacious hall, lounge, breakfasting kitchen with appliances, 2 bedrooms – the master with en-suite shower room and bathroom.
Externally : communal gardens, designated car parking bay and visitor car parking.
Deneside Court is situated on the fringe of Whitley Lodge Shops convenient for the 'Tesco Express' Store, Whitley Bay Golf Course, the beach & sea front, and bus services which connect up with Whitley Bay Town centre, Metro system & Sainsburys Supermarket.
ON THE GROUND FLOOR ONLY: COMMUNAL HALLWAY mailboxes, security entry-phone system, & stairs to upper floors.
APARTMENT HALL: radiator, fitted cloaks cupboard, smoke alarm, and cupboard containing 'Baxi' combi. boiler (installed April 2025).
LOUNGE 14' 10" x 12' 10" (4.52m x 3.91m) TV & telephone points, fireplace with electric fire, 2 radiators, security entry-phone, & uPVC double glazed patio door with vertical louvred blind.
BREAKFASTING KITCHEN 11' 5" x 9' 9" (3.47m x 2.97m) part-tiled walls, fitted wall & floor units, illuminated working surfaces, 'Whirlpool' gas hob, illuminated extractor hood, 'Hoover' oven, stainless steel sink with mixer tap & drainer, integrated 'Beko' washing machine, free standing ‘Beko’ fridge freezer, radiator & uPVC double glazed window with roller-blind.
BATHROOM: panelled walls, large walk in shower enclosure with rain head mixer shower & secondary diverter, vanity unit with washbasin, low level WC, mirrored medicine cabinet, fitted mirror, upright stainless steel towel radiator and extractor fan.
BEDROOM 1: 18' 0" x 10' 0" (5.48m x 3.04m) including fitted wardrobes on 1 wall with sliding mirrored doors, double-banked radiator, & uPVC double glazed window with vertical louvred blind EN-SUITE SHOWER ROOM: panelled walls, panelled shower cubicle with ‘Bristan’ mixer shower, pedestal washbasin, shaver point, mirrored medicine cabinet, upright stainless steel towel radiator and extractor fan.
BEDROOM 2: 16' 0" x 8' 7" (4.88m x 2.62m) radiator, & uPVC double glazed window with vertical louvred blind. EXTERNALLY: COMMUNAL GARDENS designated car parking bay (No.
4), visitor parking, & wheelie bin storage area. TENURE: Leasehold. 125 years from 01.09.2001. Ground rent £40 per annum.
Annual maintenance charge payable to Kingston Property Services as of March 2026 of £1592.76 (over 10 months) which includes block building insurance, up-keep of halls, stairs & landings, window cleaning and maintenance of exterior & gardens.
Council Tax Band: C
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.
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FAQ
About Deneside Court, Whitley Bay, Tyne & Wear, NE26 3BL
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