2 Bed Flat, Single Let, Whitley Bay, NE26 3QB, £220,000

Village Court, Monkseaton, Whitley Bay, Tyne and Wear, NE26 3QB - 10 months ago

Sold STC
Leasehold
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£82.5K - £300K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£149,140

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£599

Running Costs/mo

£827

Cashflow/mo

£-228

Cashflow/yr

£-2,740

Gross Yield

3%

Local Sold Prices

50 sold prices from £82.5K to £300K, average is £136.7K. £1.1K/m² to £3.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£165K07/210.06 mi69, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£150K07/210.06 mi76, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£182K10/220.06 mi68, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£185K04/230.07 mi17, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£147.5K01/210.07 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£155K02/210.07 mi29, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£175K05/230.07 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£180K01/230.08 mi50, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£127.5K08/210.17 mi79, Kenilworth Road, Whitley Bay, Tyne And Wear NE25 8BB2
£99K12/200.24 mi4, Park View Court, Whitley Bay, Tyne And Wear NE26 3LJ2
£249.9K03/230.28 mi50b, Marine Avenue, Whitley Bay, Tyne And Wear NE26 1NF2
£300K10/200.31 mi1, Holywell Avenue, Whitley Bay, Tyne And Wear NE26 3AH2
£127.5K10/200.39 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£144K03/230.39 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.39 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.39 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£153K12/200.39 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£135K11/200.39 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.39 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£120K11/200.41 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£127.5K10/200.42 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.42 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.42 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£122.5K02/210.42 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£128K01/210.42 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£128K01/210.42 mi14, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135K07/230.42 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135.4K03/230.42 mi17, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£115K03/210.44 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£180K02/230.46 mi9a, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF2
£140K06/210.46 mi64, Cauldwell Lane, Whitley Bay, Tyne And Wear NE25 8LN2
£82.5K08/240.47 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£130K09/220.47 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£190K04/210.47 mi10, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£210K09/210.48 mi12, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£140K02/210.49 mi77, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£110K11/200.49 mi49, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£125K04/210.49 mi152, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£145K05/230.49 mi53, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£159.3K12/220.49 mi116, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£132.5K08/230.55 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£160K08/230.57 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.57 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£115.5K02/230.6 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£90K06/240.65 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£140K12/220.68 mi9a, Stanley Crescent, Whitley Bay, Tyne And Wear NE26 2EB2
£90K07/230.68 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£118K05/210.69 mi2a, Devonshire Terrace, Whitley Bay, Tyne And Wear NE26 2EJ2
£118K01/210.73 mi8, St Martins Court, Whitley Bay, Tyne And Wear NE26 3JP2
£157K04/210.74 mi6, Beaumont Court, Whitley Bay, Tyne And Wear NE25 9TZ2

Local Rents

40 rents from £595/mo to £2K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£70003/230.09 mi-2
£69505/240.12 miAlnwick Avenue, Whitley Bay2
£60005/240.13 mi-2
£69505/240.13 miAlnwick Avenue, Whitley Bay2
£59506/230.16 mi-2
£59507/230.16 mi-2
£72505/240.17 miParkside Court, Whitley Bay2
£80005/240.25 miPark Parade, Whitley Bay2
£85006/240.25 miPark Parade, Whitley Bay2
£75008/230.36 mi-2
£2,00007/240.36 mi-2
£99512/230.39 mi-2
£79508/240.41 mi-2
£70006/240.42 miClifton Terrace, Whitley Bay2
£1,40006/240.45 miPark Avenue, Whitley Bay2
£75001/240.45 mi-2
£85007/240.46 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80007/240.47 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£75006/240.47 miVictoria Mews2
£85005/240.47 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£89904/250.47 mi-2
£75012/240.48 miSouth Parade, Whitley Bay2
£80011/230.52 mi-2
£89506/240.53 miSouth Parade, Whitley Bay2
£74008/240.53 mi-2
£74007/240.53 miMarden Road South, Whitley Bay, NE252
£79508/240.53 miClosefield Grove, Whitley Bay, Tyne and Wear, NE25 8SU2
£97505/240.54 mi-2
£97505/240.54 mi-2
£1,29503/250.55 mi-2
£1,15006/240.57 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.57 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£95006/240.58 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75005/240.6 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.6 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£1,10005/240.6 miMontague Apartments, Whitley Bay2
£1,40005/240.6 miMontague Apartments, Whitley Bay2
£1,15006/240.6 miMontague Apartments, Whitley Bay2
£1,30011/240.61 mi-2
£1,05005/240.61 mi19 Uplands2

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

0.80 miles away

Nearest school

0.30 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £220,000

June 19, 2024

Sold for £125,000

2014

Description

  • Two Bedroom First Floor Apartment +
  • Sought After Area +
  • Stunning Communal Gardens +
  • Walking Distance to Excellent Amenities +
  • No Upper Chain +

Pattinsons are delighted to welcome to the sales market this well presented two bedroom first floor apartment situated in this quiet sought after residential area in Village Court, set within beautiful communal grounds offering the convenience of Whitley Bay town centre, Monkseaton Village and Metro Station. This property offers an appealing lifestyle and ideal for those looking to downsize.

Comprising, entrance with staircase to the first floor landing, loft fully boarded with electricity offering fantastic storage, spacious L shape lounge with dining area overlooking the gardens, feature fireplace, kitchen with a range of gloss wall and floor units, bedroom 1 double to the front of the property with fitted wardrobes, bedroom 2 single to the rear, bathroom with white suite, double shower cubicle. Externally the property is surrounded with delightful communal gardens and with an allocated parking bay positioned at the front of the property, plus visitor spaces. Property also benefits from gas central heating and double glazing throughout. NO UPPER CHAIN!!!! Call now to arrange your viewing or whitley.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 988

Agent Details

Pattinson Estate Agents, Whitley Bay

0191 625 0822

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪