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 3QB
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SUPERB TWO BEDROOM FIRST FLOOR FLAT situated in Village Court in the centre of Whitley Bay.
The property briefly comprises; entrance hall and landing, large 'L' shape living and dining room, modern kitchen and bathroom, two bedrooms.
Externally there are communal gardens and an allocated parking space. Ideally placed for access to the shops and Metro station. To arrange a viewing call COOKE & CO.
Ground Floor Entrance Hall UPVC entrance door with staircase leading up to the first floor.
First Floor Landing Doors lead to the two bedrooms, kitchen, bathroom/WC and to the living room/dining room.
Lounge 5.92m max x 4.75m max - A lovely size main reception room with ample space for a dining table and chairs and a lounge area.
Feature fireplace, radiators, double glazed windows to the front and rear.
Additional Lounge Photo Additional Lounge Photo Additional Lounge Photo Kitchen 2.74m x 2.26m A modern kitchen fitted with a range of wall and base units, sink unit, space for an electric cooker, space and plumbing for a dishwasher and for a fridge/freezer, tiled splashback and tiled floor.
Double glazed window to the rear. Bedroom One 4.22m x 2.64m Double glazed window to the front, radiator, built in wardrobe.
Additional Bedroom One Photo Bedroom Two 2.72m x 2.26m Double glazed window to the rear, radiator.
Shower Room/WC 2.26m x 1.83m A modern shower room fitted with a white suite comprising; large shower cubicle, low level WC and wash basin, tiled floor and part tiled walls, heated towel rail.
Double glazed frosted window to the rear. External There are communal gardens and an allocated parking space.
Lease Details We understand the following applies Leasehold: 999 years from 2013 Service Charge: £1014 per annum.
All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band C Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage**
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Village Court, Whitley Bay, NE26
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