3 Bed Terraced House, Single Let, Whitley Bay, NE26 1AL, £359,950

33 OCEAN VIEW, WHITLEY BAY NE26 1AL - 2 views - 8 months ago

Under Offer
BTL
~133 m²
+12 photos

ValuationOvervalued

Sold Prices£167.5K - £515K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~132.82 m²
Price/m²£2.7K/m²

Value Estimate

£343,390

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£89,988

Stamp Duty & Legal Fees

£17,496

Total Cash In

£107,484

 

 

Cash Out

 

Rent Range

£750 - £3,000

Rent Estimate

£989

Running Costs/mo

£1,343

Cashflow/mo

£-354

Cashflow/yr

£-4,244

Gross Yield

3%

Local Sold Prices

51 sold prices from £167.5K to £515K, average is £285K. £1.7K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£350K12/230.02 mi27, Ocean View, Whitley Bay, Tyne And Wear NE26 1AL3
£286K09/230.06 mi66, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AD3
£245K02/210.07 mi48, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AE3
£345K06/230.09 mi30, Charles Avenue, Whitley Bay, Tyne And Wear NE26 1AG3
£275K02/210.12 mi84, Park Avenue, Whitley Bay, Tyne And Wear NE26 1DN3
£318K11/200.14 mi150, Park Avenue, Whitley Bay, Tyne And Wear NE26 1AU3
£285K06/210.2 mi9, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN3
£250K05/240.2 mi70, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD3
£255K01/210.21 mi7, Percy Road, Whitley Bay, Tyne And Wear NE26 2AX3
£243.9K02/210.21 mi13, Percy Road, Whitley Bay, Tyne And Wear NE26 2AX3
£317.8K08/240.21 mi11, Percy Road, Whitley Bay, Tyne And Wear NE26 2AX3
£320K08/230.21 mi5, Beach Avenue, Whitley Bay, Tyne And Wear NE26 1EA3
£320K06/230.21 mi28, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QW3
£285K11/230.23 mi18, Trewitt Road, Whitley Bay, Tyne And Wear NE26 2QS3
£250K12/200.23 mi5, Trewitt Road, Whitley Bay, Tyne And Wear NE26 2QS3
£220K10/200.28 mi12, Marine Gardens, Whitley Bay, Tyne And Wear NE26 1EQ3
£355K08/230.29 mi1, Styan Avenue, Whitley Bay, Tyne And Wear NE26 2BD3
£355K08/230.29 mi1, Styan Avenue, Whitley Bay, Tyne And Wear NE26 2BD3
£325K12/230.29 mi11, Styan Avenue, Whitley Bay, Tyne And Wear NE26 2BD3
£425K12/200.3 mi14, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JP3
£495K03/240.3 mi8, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JP3
£495K03/240.3 mi8, Grosvenor Drive, Whitley Bay, Tyne And Wear NE26 2JP3
£260K12/210.31 mi11, Duke Street, Whitley Bay, Tyne And Wear NE26 3PP3
£272.5K07/240.31 mi12, Duke Street, Whitley Bay, Tyne And Wear NE26 3PP3
£248.5K08/210.32 mi20, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£293K01/230.32 mi34, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£221.5K02/210.32 mi24, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£255K03/230.32 mi14, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£167.5K02/210.32 mi9, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE3
£315K01/210.32 mi12, Plessey Crescent, Whitley Bay, Tyne And Wear NE25 8QL3
£284.5K01/210.33 mi48, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£280K05/210.33 mi24, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£290K06/210.33 mi20, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£248.8K12/200.33 mi9, Alnwick Avenue, Whitley Bay, Tyne And Wear NE26 3PT3
£260K01/210.34 mi28, Alnwick Avenue, Whitley Bay, Tyne And Wear NE26 3PT3
£335K03/230.34 mi24, Alnwick Avenue, Whitley Bay, Tyne And Wear NE26 3PT3
£312K06/230.34 mi8, Alnwick Avenue, Whitley Bay, Tyne And Wear NE26 3PT3
£318K11/230.34 mi30, Alnwick Avenue, Whitley Bay, Tyne And Wear NE26 3PT3
£302.5K05/240.34 mi4, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QB3
£515K01/230.34 mi2, Felton Avenue, Whitley Bay, Tyne And Wear NE25 8QH3
£233K01/230.35 mi22, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£215K10/200.35 mi17, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£284K08/210.35 mi60, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£300K06/230.35 mi12, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£253K09/230.35 mi42, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£218.5K11/230.35 mi33, Warkworth Avenue, Whitley Bay, Tyne And Wear NE26 3PS3
£270K07/210.35 mi13, Beech Grove, Whitley Bay, Tyne And Wear NE26 3PJ3
£381K12/200.36 mi29, Queens Drive, Whitley Bay, Tyne And Wear NE26 2JU3
£361.5K11/220.36 mi30, Queens Drive, Whitley Bay, Tyne And Wear NE26 2JU3
£293.1K11/200.37 mi13, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW3
£210K05/210.37 mi2, Edwards Road, Whitley Bay, Tyne And Wear NE26 2BJ3

Local Rents

16 rents from £750/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95007/240.08 miCambridge Avenue, Whitley Bay. NE26 1BA3
£75007/240.1 miSouth Parade, Whitley Bay3
£3,00006/240.15 miMontague Apartments, Whitley Bay3
£1,15006/240.17 miEsplanade, Whitley Bay, Tyne and Wear, NE263
£1,15012/240.17 miEsplanade Rise, Whitley Bay, Tyne and Wear, NE263
£1,15005/240.24 miStation Road, Whitley Bay3
£1,10004/240.4 mi-3
£1,10008/240.4 mi-3
£1,10007/240.4 miWhitley Road, Whitley Bay, NE263
£1,30005/240.48 miPlessey Crescent, Whitley Bay3
£1,20005/240.49 miPlessey Crescent, Whitley Bay, Tyne And Wear, NE253
£1,20006/240.5 miKingsley Avenue, Whitley Bay, Tyne and Wear, NE253
£1,00005/240.54 miMarden Road, Whitley Bay, NE253
£1,65007/240.54 miMarden Road South, Whitley Bay, Tyne and Wear, NE253
£1,40011/240.59 mi-3
£99507/240.62 mi-3

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £359,950

July 30, 2024

Floor Plans

Description

  • THREE BEDROOM MID TERRACE HOUSE +
  • SOUGHT AFTER LOCATION +
  • TWO RECEPTION ROOMS +
  • OPEN PLAN KITCHEN DINER +
  • MODERN BATHROOM WC, SEPARATE WC & DOWNSTAIRS WC +
  • FRONT TOWN GARDEN +
  • PRIVATE REAR YARD +
  • EPC RATING D +

This characterful, well presented mid terrace property is perfectly located within a sought after coastal setting. It boasts a wealth of modern features with period charm and is ideal for a range of buyers.
This was originally a four bedroom currently presented a three bedroom property. With over 1400 square foot set over two floors this lovely property consists of a vestibule, entrance hallway and two spacious reception rooms with period feature fireplaces. The open plan kitchen diner easily accommodates a dining table and benefits from a range of units with contrasting worktops, integrated double oven, gas hob, chimney hood and dishwasher with space for a washing machine and American style fridge freezer. There is also a downstairs WC. To the first floor there are three bedrooms and a modern bathroom with a roll top bath, walk in rainfall shower, pedestal wash basin and low level WC. There is also a separate WC with pedestal wash basin. Externally there is a low maintenance front garden and a private rear yard with an up and over garage door providing an option of off street parking.
The fabulous location, generous size and family feel 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 One - 5.18m x 4.11m (17 x 13'6) -

Reception Room Two - 5.18m x 3.58m (17 x 11'9) -

Kitchen Diner - 5.18m x 3.28m (17 x 10'9) -

Downstairs Wc -

Split Landing -

Landing -

Bedroom One - 5.49m x 3.43m (18 x 11'3) -

Bedroom Two - 4.57m x 3.35m (15 x 11) -

Bedroom Three - 3.35m x 2.06m (11 x 6'9) -

Bathroom Wc - 3.66m x 3.28m (12 x 10'9) -

Separate Wc -

Front Garden -

Rear Yard -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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