3 Bed Semi-Detached House, Single Let, Whitley Bay, NE26 4BY, £250,000

5 MALVERN ROAD, SEATON SLUICE NE26 4BY - 1 views - 10 months ago

Under Offer
BTL
~98 m²
+9 photos

ValuationOvervalued

Sold Prices£92.5K - £491K
Sold Prices/m²£1.2K/m² - £3.7K/m²

 

 

Square Metres

~97.93 m²
Price/m²£2.6K/m²

Value Estimate

£198,339

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£350 - £4,000

Rent Estimate

£469

Running Costs/mo

£895

Cashflow/mo

£-426

Cashflow/yr

£-5,113

Gross Yield

2%

Local Sold Prices

35 sold prices from £92.5K to £491K, average is £234.9K. £1.2K/m² to £3.7K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£169K08/210.03 mi47, Southward, Seaton Sluice, Whitley Bay, Northumberland NE26 4DH3
£185K09/210.05 mi1b, Elwin Place, Seaton Sluice, Whitley Bay, Northumberland NE26 4DF3
£183K08/230.05 mi19, Elwin Place, Seaton Sluice, Whitley Bay, Northumberland NE26 4DF3
£160K04/210.07 mi20, Elwin Close, Seaton Sluice, Whitley Bay, Northumberland NE26 4DG3
£185K01/210.07 mi36, Elwin Close, Seaton Sluice, Whitley Bay, Northumberland NE26 4DG3
£155K09/230.07 mi18, Elwin Close, Seaton Sluice, Whitley Bay, Northumberland NE26 4DG3
£250K06/210.09 mi35, Malvern Road, Seaton Sluice, Whitley Bay, Northumberland NE26 4BZ3
£185K08/240.1 mi58, Millfield, Seaton Sluice, Whitley Bay, Northumberland NE26 4DD3
£149K12/230.1 mi47, Millfield, Seaton Sluice, Whitley Bay, Northumberland NE26 4DD3
£295K05/240.11 mi9, Granville Avenue, Seaton Sluice, Whitley Bay, Northumberland NE26 4BU3
£160K12/220.13 mi1, Clarence Street, Seaton Sluice, Whitley Bay, Northumberland NE26 4DN3
£170K01/230.13 mi80, Clarence Street, Seaton Sluice, Whitley Bay, Northumberland NE26 4DN3
£234.9K06/210.14 mi26, Dereham Road, Seaton Sluice, Whitley Bay, Northumberland NE26 4BS3
£92.5K12/200.14 mi26, Southward, Seaton Sluice, Whitley Bay, Northumberland NE26 4DQ3
£156.5K04/210.14 mi14, Southward, Seaton Sluice, Whitley Bay, Northumberland NE26 4DQ3
£158K06/230.14 mi29, Southward, Seaton Sluice, Whitley Bay, Northumberland NE26 4DQ3
£153K04/210.17 mi74, Beresford Road, Seaton Sluice, Whitley Bay, Northumberland NE26 4RH3
£240K04/220.22 mi37a, Hartley Square, Seaton Sluice, Whitley Bay, Northumberland NE26 4BJ3
£252K03/210.25 mi15, The Crest, Seaton Sluice, Whitley Bay, Northumberland NE26 4BG3
£250K03/230.25 mi14, The Crest, Seaton Sluice, Whitley Bay, Northumberland NE26 4BG3
£139.9K05/210.26 mi3, Hartley Square, Seaton Sluice, Whitley Bay, Northumberland NE26 4BH3
£491K06/220.27 mi7, Simonside, Seaton Sluice, Whitley Bay, Northumberland NE26 4BN3
£227.5K01/230.27 mi8, Rosewood Crescent, Seaton Sluice, Whitley Bay, Northumberland NE26 4BL3
£345K09/230.56 mi2, Parklea, Seaton Sluice, Whitley Bay, Northumberland NE26 4HW3
£267.5K02/210.6 mi15, Westlands, Seaton Sluice, Whitley Bay, Northumberland NE26 4HL3
£310K08/230.61 mi8, Fountain Head Bank, Seaton Sluice, Whitley Bay, Northumberland NE26 4HT3
£310K08/230.61 mi8, Fountain Head Bank, Seaton Sluice, Whitley Bay, Northumberland NE26 4HT3
£400K12/230.64 mi30, Derwent Road, Seaton Sluice, Whitley Bay, Northumberland NE26 4JH3
£325K08/240.7 mi15, Marine View, Seaton Sluice, Whitley Bay, Northumberland NE26 4JY3
£380K08/230.7 mi21, Marine View, Seaton Sluice, Whitley Bay, Northumberland NE26 4JY3
£269.9K02/230.81 mi68, Astley Gardens, Seaton Sluice, Whitley Bay, Northumberland NE26 4JN3
£295K08/240.82 mi25, St Ronans Drive, Seaton Sluice, Whitley Bay, Northumberland NE26 4HZ3
£245K05/230.82 mi58, St Ronans Drive, Seaton Sluice, Whitley Bay, Northumberland NE26 4HZ3
£288.5K06/230.89 mi7, Benfield Grove, Seaton Sluice, Whitley Bay, Northumberland NE26 4JP3
£182.9K01/230.92 mi2, Conway Grove, Seaton Sluice, Whitley Bay, Northumberland NE26 4JR3

Local Rents

51 rents from £350/mo to £4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£52502/240.13 mi-2
£72505/240.22 miHartley Square, Seaton Sluice, Whitley Bay2
£77506/240.26 miBeresford Road, Seaton Sluice2
£60007/230.28 mi-1
£65002/241.72 mi-1
£70008/241.73 miLaurel Terrace, Holywell, Whitley Bay2
£92507/241.77 miWhitley Terrace, Holywell3
£90007/241.78 miWallridge Drive, Holywell3
£95006/241.78 miWallridge Drive, Holywell3
£89508/241.85 miHartburn Terrace, Seaton Delaval, Whitley Bay3
£89507/241.85 miHartburn Terrace, Seaton Delaval, Whitley Bay, Northumberland, NE253
£50007/231.91 mi-3
£50005/231.91 mi-3
£69506/241.92 mi-2
£85006/241.93 miBristol Walk, New Hartley, Whitley Bay, Northumberland, NE25 0SU3
£99507/241.95 miDenham Drive, Seaton Delaval, Whitley Bay, NE253
£99507/241.95 mi-3
£85010/241.96 mi-3
£75008/241.98 miPark View, Seaton Delaval, Whitley Bay2
£62506/242.02 miQueens Court, Seaton Delaval, Whitley Bay, Northumberland, NE25 0BR2
£47501/252.02 mi-1
£80004/252.02 mi-2
£42508/242.03 miKearsley Close, Seaton Delaval, Whitley Bay, Tyne And Wear, NE251
£35005/242.05 miElsdon Avenue, Whitley Bay2
£62507/242.09 miHartley Street, Seaton Delaval, Whitley Bay, NE252
£62507/242.09 mi-2
£62507/242.09 mi-2
£65012/232.11 mi-3
£2,00012/242.13 mi-4
£49510/242.13 mi-1
£47507/232.16 mi-2
£52509/242.16 mi-2
£4,00005/242.17 miAshfield Grove, Whitley Bay7
£95012/242.22 miAstley Road, Seaton Delaval, NE253
£45009/242.23 mi-1
£75006/242.27 miNewburgh Avenue, Seaton Delaval, Whitley Bay2
£81506/242.29 miBirkdale, Whitley Bay2
£70005/242.29 miBirkdale, Whitley Bay2
£70007/242.32 miBirkdale, Whitley Bay2
£90006/232.32 mi-2
£75010/242.36 mi-1
£81501/252.36 mi-2
£81502/252.36 mi-2
£70007/242.37 miMarine Court West, Whitley Bay1
£2,50006/242.37 miQueens Road, Whitley Bay5
£2,50007/242.37 miQueens Road, Whitley Bay5
£2,50006/242.38 miHauxley Drive, Whitley Bay5
£75006/242.39 miChathill Close, Whitley Bay, Tyne and Wear, NE251
£75006/242.39 miChathill Close, Whitley Bay, Tyne and Wear, NE251
£1,10007/242.39 miChathill Close, Whitley Bay3
£1,30005/242.42 miHermiston, Monkseaton, Whitley Bay3

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

2.05 miles away

Nearest school

0.90 miles away

Nearest train station

2.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £250,000

June 24, 2024

Floor Plans

Description

  • THREE BEDROOM SEMI DETACHED HOUSE +
  • TWO RECEPTION ROOMS +
  • CLASSIC KITCHEN +
  • FAMILY BATHROOM WC & DOWNSTAIRS WC +
  • ATTACHED GARAGE +
  • FRONT GARDEN WITH DRIVEWAY PARKING +
  • WEST FACING REAR GARDEN +
  • NO UPPER CHAIN +
  • EPC RATING C +

This lovely, semi detached house was built in 1958 and is perfectly located in a popular residential area. It displays a variety of modern features with period charm, has no upper chain and is ideal for a range of buyers.
With over 1000 square foot of accommodation set over two floors this charming property comprises of two reception rooms, classic kitchen benefitting from a range of units with contrasting worktops and integrated appliances including single oven, hob and extractor hood. There is also a downstairs WC located in the garage. To the first floor there are three bedrooms and a family bathroom benefitting from a walk in shower, pedestal wash basin and low level WC. Externally there is an attached garage, a front garden with driveway parking and a substantial West facing rear garden with lawn and mature shrubs.
The fabulous location and huge potential of this property makes for an exciting opportunity which can only truly be appreciated by a visit.
Seaton Sluice is a beautiful little village on the coast, providing a getaway feel balanced with a modern lifestyle. Seaton Sluice benefits from being slightly quieter, more rural feel. It maintains its stunning old buildings and the history they represent, whilst also providing the community with all the amenities needed.

Entrance Hallway -

Reception Room One - 4.67m x 3.61m (15'4 x 11'10) -

Reception Room Two - 2.90m x 2.77m (9'6 x 9'1) -

Kitchen - 2.64m x 2.51m (8'8 x 8'3) -

Downstairs Wc -

Landing -

Bedroom One - 3.38m x 3.33m (11'1 x 10'11) -

Bedroom Two - 3.33m x 2.95m (10'11 x 9'8) -

Bedroom Three - 2.08m x 1.96m (6'10 x 6'5) -

Bathroom Wc - 2.06m x 1.65m (6'9 x 5'5) -

Garage - 8.92m x 2.36m (29'3 x 7'9) -

Front Garden -

Rear Garden -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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