2-bedroom flat · NE26 2ER
Under offerListed 14 days
Opportunity summary
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About
We are offering for sale this well appointed and spacious TWO BEDROOMED FIRST FLOOR FLAT which has the benefit of uPVC double glazing, gas central heating, refitted kitchen, refitted bathroom with shower, large living room and garage in rear yard which has been structurally reinforced and covered in rubber providing an exceptional, ready-made opportunity for a buyer to formalise the space into a private sunny roof terrace, subject to obtaining standard local planning consents.
The garage also benefits from a service door.
The accommodation on offer briefly comprises: On the ground floor : entrance lobby with staircase to 1st floor : landing, 2 bedrooms, spacious L-shaped living room, refitted kitchen with integrated appliances, rear lobby leading to rear yard & refitted bathroom with 'rain-head' shower.
Externally: Garage in rear yard and drying area.
This property is located in the centre of Whitley Bay close to all local amenities including shops and restaurants with excellent transport links, including bus services & Whitley Bay Metro Station.
Whitley Bay is one of North Tyneside's most popular locations, due to its ease of access for the City life of Newcastle, and miles of beautiful Coastline.
NO UPPER CHAIN ON THE GROUND FLOOR: LOBBY: with uPVC double glazed door and staircase to 1st floor. ON THE FIRST FLOOR: LANDING: with cloaks/meter cupboard, radiator and access to loft space .
LOFT SPACE: insulated to current regulations. SPACIOUS L- SHAPED LIVING ROOM: 13'11" x 20' 9" (4.24m x 6.32m max.
overall L-shaped measurement) with 2 radiators, 2 concealed downlighters and 2 uPVC double glazed windows – both with wood venetian blinds.
REFITTED KITCHEN: 12'10" x 6'11" (13.91m x 2.10m) with cream 'hi-gloss' fitted wall & floor units (one housing 'Baxi' combi.
gas fired central heating boiler), 'Hotpoint' oven & hob with illuminated stainless steel and glass extractor hood above, 1½ bowl stainless steel sink with mixer tap and drainer, integrated 'Hotpoint' appliances including: fridge & freezer, plumbing for washing machine, radiator, 11 concealed downlighters and uPVC double glazed window with roller blind.
REAR LOBBY: with radiator and door to staircase leading to rear yard.
REFITTED BATHROOM: with 2 walls fully-tiled comprising: panelled bath with mixer tap, 'rain-head' shower over, diverter and screen, washbasin with mixer tap, low level WC, shaver point, illuminated sensor mirror, upright stainless steel radiator, fitted wall light, extractor fan and uPVC double glazed window.
2 BEDROOMS No. 1: 11'6" (3.50m) plus 2 double fitted wardrobes x 15' 6" (4.72m) including uPVC double glazed bay window with wood venetian blind and 2 radiators. No.
2: 7'8" x 7'9" (2.33m x 2.36m) with radiator and uPVC double glazed window with wood venetian blind. EXTERNALLY: YARD: small rear yard with drying area and access to garage and back lane.
GARAGE: 16'4" x 9'11" (4.97m x 3.02m max. internal measurement) with remote-control electric roll-over door, power & light.
The garage roof has been structurally reinforced and covered in rubber providing an exceptional, ready-made opportunity for a buyer to formalise the space into a private sunny roof terrace, subject to obtaining standard local planning consents.
The garage also benefits from a service door. TENURE: Leasehold 999 years from 26 February 1993. Peppercorn ground rent. Council Tax Band: A
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 Whitley Road, Whitley Bay, Tyne and Wear, NE26 2ER
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