2 Bed Terraced House, Single Let, Whitley Bay, NE26 3SG, £275,000

102 Ilfracombe Gardens, Whitley Bay, Tyne And Wear, NE26 3SG - 7 months ago

Under Offer
BTL
99 m²
+9 photos

ValuationUndervalued

Sold Prices£155K - £499.9K
Sold Prices/m²£1.6K/m² - £6K/m²

 

 

Square Metres

99 m²
Price/m²£2.8K/m²

Value Estimate

£319,465
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£595

Running Costs/mo

£998

Cashflow/mo

£-403

Cashflow/yr

£-4,840

Gross Yield

3%

Local Sold Prices

51 sold prices from £155K to £499.9K, average is £275K. £1.6K/m² to £6K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£275K01/230.02 mi90, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SQ2
£245K09/210.08 mi52, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SH2
£477.5K05/220.19 mi50, Marine Avenue, Whitley Bay, Tyne And Wear NE26 1NF2
£350K03/240.25 mi1, Madeira Avenue, Whitley Bay, Tyne And Wear NE26 1SF2
£282.5K02/210.39 mi10, Ross Way, Whitley Bay, Tyne And Wear NE26 3EJ2
£290K03/230.39 mi9, Ross Way, Whitley Bay, Tyne And Wear NE26 3EJ2
£275K06/230.39 mi8, Ross Way, Whitley Bay, Tyne And Wear NE26 3EJ2
£265K03/210.43 mi43, Langdale, Whitley Bay, Tyne And Wear NE25 9BB2
£275K02/230.43 mi44, Langdale, Whitley Bay, Tyne And Wear NE25 9BB2
£250K11/200.43 mi24, Cragside, Whitley Bay, Tyne And Wear NE26 3DU2
£280K11/200.43 mi20, Cragside, Whitley Bay, Tyne And Wear NE26 3DU2
£371.1K11/220.43 mi33, Cragside, Whitley Bay, Tyne And Wear NE26 3DU2
£217.5K01/210.44 mi105, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£320.6K10/210.45 mi24, Alder Grove, Whitley Bay, Tyne And Wear NE25 9AX2
£243K05/210.45 mi20, Monkridge, Whitley Bay, Tyne And Wear NE26 3EH2
£260K11/230.48 mi9, Kingston Close, Whitley Bay, Tyne And Wear NE26 1JW2
£230K05/210.5 mi44, Cragside, Whitley Bay, Tyne And Wear NE26 3EE2
£220K04/210.52 mi26, Queens Drive, Whitley Bay, Tyne And Wear NE26 2JU2
£265K08/210.54 mi10, Grenville Way, Whitley Bay, Tyne And Wear NE26 3JJ2
£340K04/230.54 mi8, Grenville Way, Whitley Bay, Tyne And Wear NE26 3JJ2
£302K05/240.54 mi3, Grenville Way, Whitley Bay, Tyne And Wear NE26 3JJ2
£300K06/230.57 mi64, Cragside, Whitley Bay, Tyne And Wear NE26 3EF2
£365K06/230.57 mi66, Cragside, Whitley Bay, Tyne And Wear NE26 3EF2
£155K11/200.58 mi1, Percy Terrace, Whitley Bay, Tyne And Wear NE25 8DT2
£227.8K01/210.59 mi81, Woodburn Drive, Whitley Bay, Tyne And Wear NE26 3HX2
£270K04/240.59 mi77, Woodburn Drive, Whitley Bay, Tyne And Wear NE26 3HX2
£349.9K02/210.6 mi31, Colston Way, Whitley Bay, Tyne And Wear NE25 9UF2
£285K12/200.6 mi40, The Gardens, Whitley Bay, Tyne And Wear NE25 8BG2
£252.5K12/200.62 mi28, Carolyn Way, Whitley Bay, Tyne And Wear NE26 3EB2
£230K06/210.62 mi6, Carolyn Way, Whitley Bay, Tyne And Wear NE26 3EB2
£397.5K06/230.62 mi10, Carolyn Way, Whitley Bay, Tyne And Wear NE26 3EB2
£300K03/240.62 mi8, Carolyn Way, Whitley Bay, Tyne And Wear NE26 3EB2
£300K03/240.62 mi8, Carolyn Way, Whitley Bay, Tyne And Wear NE26 3EB2
£335K01/240.66 mi12, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QW2
£246.5K02/240.67 mi87, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£235K01/210.68 mi2, East Avenue, Whitley Bay, Tyne And Wear NE25 8EJ2
£212.5K07/230.7 mi1, Nevis Close, Whitley Bay, Tyne And Wear NE26 3HZ2
£270K05/240.7 mi9, Nevis Close, Whitley Bay, Tyne And Wear NE26 3HZ2
£292.5K05/240.72 mi4, Woodburn Square, Whitley Bay, Tyne And Wear NE26 3JE2
£172K09/210.73 mi29, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£275K01/230.73 mi5, Rodney Way, Whitley Bay, Tyne And Wear NE26 3JG2
£310K03/240.73 mi10, Rodney Way, Whitley Bay, Tyne And Wear NE26 3JG2
£165K12/200.75 mi63, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£179.9K11/220.75 mi43, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£260K09/230.76 mi93, Woodburn Square, Whitley Bay, Tyne And Wear NE26 3JD2
£360K11/210.78 mi54, Hastings Avenue, Whitley Bay, Tyne And Wear NE26 4AG2
£360K11/210.78 mi54, Hastings Avenue, Whitley Bay, Tyne And Wear NE26 4AG2
£499.9K07/230.79 mi21, Earnshaw Way, Whitley Bay, Tyne And Wear NE25 9UL2
£387K09/230.79 mi19, Earnshaw Way, Whitley Bay, Tyne And Wear NE25 9UL2
£200K02/230.79 mi106, Birkdale, Whitley Bay, Tyne And Wear NE25 9LZ2
£370K02/240.8 mi34, Gorsedene Road, Whitley Bay, Tyne And Wear NE26 4AH2

Local Rents

21 rents from £595/mo to £2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£72505/240.33 miParkside Court, Whitley Bay2
£59506/230.34 mi-2
£59507/230.34 mi-2
£1,40006/240.39 miPark Avenue, Whitley Bay2
£80005/240.41 miPark Parade, Whitley Bay2
£85006/240.41 miPark Parade, Whitley Bay2
£69505/240.44 miAlnwick Avenue, Whitley Bay2
£69505/240.46 miAlnwick Avenue, Whitley Bay2
£60005/240.46 mi-2
£75008/230.47 mi-2
£2,00007/240.47 mi-2
£70003/230.5 mi-2
£97505/240.52 mi-2
£97505/240.52 mi-2
£85007/240.54 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80003/250.54 mi-2
£80007/240.56 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£89506/240.57 miSouth Parade, Whitley Bay2
£75012/240.59 miSouth Parade, Whitley Bay2
£80011/230.6 mi-2
£85005/240.61 miSouth Parade, Whitley Bay, Tyne and Wear, NE262

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

0.64 miles away

Nearest school

0.30 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £275,000

September 5, 2024

Sold for £145,000

2012

Sold for £160,000

2006

Sold for £52,000

2000

Floor Plans

Description

  • BEAUTIFUL TWO BEDROOM MID TERACE HOUSE +
  • LOUNGE & DINING ROOM +
  • MODERN KITCHEN +
  • STYLISH BATHROOM WC +
  • FRONT TOWN GARDEN +
  • REAR YARD WITH OPTION OF OFF STREET PARKING +
  • EPC RATING C +

This immaculately presented, mid terrace house built in 1909 is perfectly located in a highly sought after residential area. It boasts a wealth of modern features with period charm and is ideal for a range of buyers.
With over 1000 square feet of accommodation set over two floors this beautiful property consists of a vestibule and entrance hallway with stairs to the first floor and doors to the lounge and dining room. The lounge is light and spacious with a feature fireplace and the dining room has space for a six seater dining table and has a modern feature fireplace and French doors to rear yard. The kitchen benefits from a range of units with contrasting worktops, oven with grill, a four ring gas hob, chimney hood and space for a fridge freezer, dishwasher and washing machine. To the first floor landing there is a good sized built in storage cupboard and door to the spacious bedrooms, one with period cast iron fireplace, and the stylish shower room. The shower room benefits from a walk-in rainfall shower, vanity wash basin and integrated WC. Externally there is a low maintenance front town garden and a rear yard with raised decking and stairs down to a patio. There is also a roll top garage door providing the option of off street parking.
The amazing condition and fabulous location of this property makes for an exciting opportunity which can only truly be 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 best modern amenities such as being in catchment for excellent schools.

Vestibule -

Entrance Hallway -

Lounge - 5.03m x 3.91m (16'6 x 12'10) -

Dining Room - 4.06m x 3.91m (13'4 x 12'10) -

Kitchen - 2.84m x 2.59m (9'4 x 8'6) -

Landing -

Bedroom One - 5.05m x 4.17m (16'7 x 13'8) -

Bedroom Two - 4.17m x 3.00m (13'8 x 9'10) -

Shower Room - 2.57m x 1.73m (8'5 x 5'8) -

Front Town Garden -

Rear Garden -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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