4 Bed Terraced House, Single Let, Whitley Bay, NE26 1AL, £325,000

20 OCEAN VIEW, WHITLEY BAY NE26 1AL - 2 views - 9 months ago

Under Offer
BTL
~133 m²
+7 photos

ValuationUndervalued

Sold Prices£118.7K - £595K
Sold Prices/m²£621/m² - £3.9K/m²

 

 

Square Metres

~133.21 m²
Price/m²£2.4K/m²

Value Estimate

£345,760
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£575 - £4,000

Rent Estimate

£750

Running Costs/mo

£1,186

Cashflow/mo

£-436

Cashflow/yr

£-5,227

Gross Yield

3%

Local Sold Prices

51 sold prices from £118.7K to £595K, average is £380K. £621/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£337.5K07/230.01 mi16, Ocean View, Whitley Bay, Tyne And Wear NE26 1AL4
£375K09/230.03 mi36, North Parade, Whitley Bay, Tyne And Wear NE26 1PB4
£310K06/230.07 mi8, North Parade, Whitley Bay, Tyne And Wear NE26 1PA4
£225K02/210.08 mi19, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AE4
£360K10/230.08 mi39, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AD4
£352.1K12/220.09 mi21, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF4
£118.7K06/210.1 mi130, Park Avenue, Whitley Bay, Tyne And Wear NE26 1AY4
£450K03/240.1 mi136, Park Avenue, Whitley Bay, Tyne And Wear NE26 1AY4
£294.5K11/210.11 mi94, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AD4
£312.3K02/210.17 mi20, Linden Terrace, Whitley Bay, Tyne And Wear NE26 2AA4
£355K08/230.18 mi19, Linden Terrace, Whitley Bay, Tyne And Wear NE26 2AA4
£400K10/210.18 mi20, Esplanade, Whitley Bay, Tyne And Wear NE26 2AJ4
£437.5K08/230.18 mi20, Esplanade, Whitley Bay, Tyne And Wear NE26 2AJ4
£437.5K08/230.18 mi20, Esplanade, Whitley Bay, Tyne And Wear NE26 2AJ4
£400K02/210.19 mi13, Holly Avenue, Whitley Bay, Tyne And Wear NE26 1EB4
£307K02/210.2 mi56, Beach Avenue, Whitley Bay, Tyne And Wear NE26 1DZ4
£450K03/240.2 mi62, Beach Avenue, Whitley Bay, Tyne And Wear NE26 1DZ4
£429.8K11/220.2 mi17, Roxburgh Terrace, Whitley Bay, Tyne And Wear NE26 1DR4
£300K12/230.25 mi10, Laburnum Avenue, Whitley Bay, Tyne And Wear NE26 2HX4
£425.4K12/220.26 mi44, Roxburgh Terrace, Whitley Bay, Tyne And Wear NE26 1DS4
£195K05/210.29 mi53, Station Road, Whitley Bay, Tyne And Wear NE26 2QZ4
£445.6K01/230.3 mi25, Albany Gardens, Whitley Bay, Tyne And Wear NE26 2DY4
£317.5K02/210.31 mi8, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QB4
£501K11/210.31 mi1, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JP4
£380K09/230.31 mi4, Styan Avenue, Whitley Bay, Tyne And Wear NE26 2BD4
£497K05/240.31 mi22, Kings Drive, Whitley Bay, Tyne And Wear NE26 2JT4
£330K07/240.32 mi30, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW4
£330K12/200.32 mi9, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QB4
£335K06/210.32 mi15, Clovelly Gardens, Whitley Bay, Tyne And Wear NE26 1PZ4
£595K01/230.33 mi14, The Avenue, Whitley Bay, Tyne And Wear NE26 3PH4
£429.9K01/240.33 mi14, Cliftonville Gardens, Whitley Bay, Tyne And Wear NE26 1QJ4
£360K06/230.35 mi21, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS4
£338.5K12/200.35 mi7, Eastbourne Gardens, Whitley Bay, Tyne And Wear NE26 1PT4
£491.5K11/220.35 mi5, Plessey Crescent, Whitley Bay, Tyne And Wear NE25 8QJ4
£260K12/200.36 mi31, Edwards Road, Whitley Bay, Tyne And Wear NE26 2BH4
£315K10/200.36 mi14, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SL4
£295K08/210.36 mi16, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SL4
£295K08/210.36 mi16, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SL4
£382K07/230.36 mi1a, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW4
£401.6K06/210.37 mi10, Queens Drive, Whitley Bay, Tyne And Wear NE26 2JU4
£312.5K11/220.39 mi62, Eastbourne Gardens, Whitley Bay, Tyne And Wear NE26 3LX4
£438.8K11/200.39 mi48, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JS4
£476K06/210.39 mi36, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JS4
£450K10/200.41 mi87, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JR4
£395K07/240.41 mi79, Beech Grove, Whitley Bay, Tyne And Wear NE26 3PL4
£433K06/210.42 mi46, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QD4
£385K12/230.42 mi47, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QD4
£395K08/210.42 mi11, Balmoral Gardens, Whitley Bay, Tyne And Wear NE26 3LU4
£380K12/200.43 mi33, Cliftonville Gardens, Whitley Bay, Tyne And Wear NE26 1QL4
£565K03/210.43 mi38, Hawthorn Gardens, Whitley Bay, Tyne And Wear NE26 3PQ4
£290.4K12/200.45 mi9, Delaval Road, Whitley Bay, Tyne And Wear NE26 2NG4

Local Rents

26 rents from £575/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95007/240.08 miCambridge Avenue, Whitley Bay. NE26 1BA3
£75007/240.12 miSouth Parade, Whitley Bay3
£3,00006/240.17 miMontague Apartments, Whitley Bay3
£1,15006/240.18 miEsplanade, Whitley Bay, Tyne and Wear, NE263
£1,15012/240.18 miEsplanade Rise, Whitley Bay, Tyne and Wear, NE263
£57503/250.19 mi-6
£1,35009/240.23 mi-4
£75005/240.23 miPark View, Whitley Bay4
£1,15005/240.26 miStation Road, Whitley Bay3
£1,25006/240.27 miBeach Avenue, Whitley Bay, Tyne and Wear, NE26 1DZ4
£1,80005/240.32 miStyan Avenue, Whitley Bay5
£2,20010/240.4 mi-4
£2,20007/240.4 miHigh Point View, Whitley Bay, NE264
£1,10004/240.42 mi-3
£1,10008/240.42 mi-3
£1,10007/240.42 miWhitley Road, Whitley Bay, NE263
£4,00005/240.47 miAshfield Grove, Whitley Bay7
£2,50006/240.48 miQueens Road, Whitley Bay5
£2,50007/240.48 miQueens Road, Whitley Bay5
£1,30005/240.51 miPlessey Crescent, Whitley Bay3
£1,20006/240.51 miKingsley Avenue, Whitley Bay, Tyne and Wear, NE253
£1,20005/240.51 miPlessey Crescent, Whitley Bay, Tyne And Wear, NE253
£1,20006/240.53 miKingsley Avenue, Whitley Bay4
£1,00005/240.56 miMarden Road, Whitley Bay, NE253
£1,65007/240.56 miMarden Road South, Whitley Bay, Tyne and Wear, NE253
£1,40011/240.61 mi-3

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £325,000

July 22, 2024

Floor Plans

Description

  • FOUR BEDROOM MID TERRACE PROPERTY +
  • COASTAL LOCATION +
  • THREE RECEPTION ROOMS +
  • CLASSIC KITCHEN +
  • BATHROOM & SEPARATE WC +
  • FRONT GARDEN +
  • REAR YARD +
  • NO UPPER CHAIN +
  • EPC RATING E +

Embleys are delighted to bring to the market this lovely mid terraced property which is perfectly located against a coastal setting and has no upper chain. It displays a wealth of period charm and is ideal for a range of buyers.
With over 1400 square foot of accommodation, this four bedroom property is set over two floors and consists of a vestibule and entrance hallway with doors to three reception rooms and stairs leading up to the first floor. There is also a classic kitchen with a range of units and contrasting worktops, single oven and four ring hob with extractor hood and doors with access to the rear yard. To the first floor there are four bedrooms, a family bathroom benefitting from a panelled bath with shower over, pedestal washbasin and a separate WC with low level WC. Externally there is front garden and rear yard.
The fabulous location and generous size of this property makes for an exciting opportunity which can only be truly appreciated by a visit.
Whitley Bay is a beautiful seaside town known for its seamless merging of old and new, vibrant and peaceful.
The town centre remains loyal to its diverse heritage, whilst providing the very best modern amenities such as a mix of boutique shopping, excellent schools and exceptional public transport links. As such, Whitley Bay attracts a diverse community from retirees to families, from young couples to single professionals.

Vestibule -

Entrance Hallway -

Reception Room - 3.89m x 4.57m (12'9" x 15'0") -

Reception Room - 4.98m x 4.01m (16'4" x 13'2") -

Reception Room - 3.28m x 2.95m (10'9" x 9'8") -

Kitchen - 3.91m x 2.74m (12'10" x 9'0") -

Landing -

Bedroom - 3.89m x 4.04m (12'9" x 13'3") -

Bedroom - 3.91m x 3.56m (12'10" x 11'8") -

Bedroom - 2.82m x 2.39m (9'3" x 7'10") -

Bedroom - 2.18m x 2.97m (7'2" x 9'9") -

Bathroom - 1.75m x 1.80m (5'9" x 5'11") -

Separate Wc - 1.35m x 0.91m (4'5" x 3'0") -

Front Garden -

Rear Yard -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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