North Parade, Whitley Bay, NE26

A standout coastal investment delivering five high‑specification apartments within a beautifully restored period building on Whitley Bay’s prestigious North Parade. Fully refurbished and presented in turnkey condition, this asset combines timeless architectural character with modern luxury, offering immediate, reliable income and strong long‑term growth potential. Prime Investment Opportunity Originally a seven‑bedroom residence, the property has been expertly reconfigured into two spacious two‑bedroom apartments and three stylish one‑bedroom units, each finished to an exceptional standard. Bright interiors, bespoke kitchens with integrated appliances, contemporary shower rooms, and refined design details create a premium living experience across the building. The period façade retains its classic elegance, while the interiors deliver modern comfort and efficiency, ideal for both long‑term tenants and high‑yield holiday guests. With demand for quality coastal accommodation at an all‑time high, this is a rare opportunity to secure a fully operational, income‑producing asset in one of the North East’s strongest rental and tourism markets. Set on one of Whitley Bay’s most desirable streets, the property is just moments from the golden beach, promenade, and the iconic Spanish City. The area offers a vibrant mix of independent cafés, boutique shops, and acclaimed restaurants, creating year‑round appeal for residents and visitors alike. This combination of coastal charm, convenience, and lifestyle quality makes North Parade a highly sought‑after address—perfect for investors seeking both stability and strong occupancy levels. Gross Annual Rental Income: £109,000 (based on serviced accommodation figures) Tenure: Freehold Council Tax Band: TBC Ground Floor • Apartment 1: 2 bedrooms, kitchen, bathroom – 62 sq m • Apartment 5: 1 bedroom, kitchen, bathroom – 29 sq m First Floor • Apartment 2: 2‑bed duplex, kitchen, bathroom – 40 sq m • Apartment 3: 1 bedroom, kitchen, lounge, bathroom – 54 sq m Second Floor • Apartment 4: 1 bedroom, kitchen, lounge, bathroom – 50 sq m