2 Bed Flat, Single Let, Whitley Bay, NE26 2AQ, £160,000

Southleigh, Whitley Bay, Tyne and Wear, NE26 2AQ - 3 views - 7 months ago

Sold STC
Leasehold
BTL
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£82.5K - £249.9K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£150,075

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£598

Running Costs/mo

£640

Cashflow/mo

£-42

Cashflow/yr

£-499

Gross Yield

4%

Local Sold Prices

50 sold prices from £82.5K to £249.9K, average is £150K. £1.1K/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£130K09/220.05 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£82.5K08/240.05 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£160K08/230.05 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.05 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£135K11/200.12 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.12 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£144K03/230.14 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.14 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.14 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£132.5K08/230.15 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£153K12/200.16 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£180K02/230.16 mi9a, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF2
£115K03/210.19 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£122.5K02/210.2 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£120K11/200.24 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£115.5K02/230.25 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£127.5K10/200.25 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.25 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.25 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127.5K10/200.26 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£90K07/230.27 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£90K06/240.28 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£118K05/210.36 mi2a, Devonshire Terrace, Whitley Bay, Tyne And Wear NE26 2EJ2
£140K12/220.37 mi9a, Stanley Crescent, Whitley Bay, Tyne And Wear NE26 2EB2
£190K04/210.39 mi10, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£113K05/230.4 miSecond Floor Flat, 30, Whitley Road, Whitley Bay, Tyne And Wear NE26 2NF2
£210K09/210.4 mi12, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£249.9K03/230.41 mi50b, Marine Avenue, Whitley Bay, Tyne And Wear NE26 1NF2
£99K12/200.41 mi4, Park View Court, Whitley Bay, Tyne And Wear NE26 3LJ2
£220K01/230.45 mi10, Grafton Road, Whitley Bay, Tyne And Wear NE26 2NR2
£165K07/210.46 mi69, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£150K07/210.46 mi76, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£182K10/220.46 mi68, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£180K01/230.47 mi50, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£186.5K02/230.47 mi25, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PH2
£185K04/230.48 mi17, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£147.5K01/210.48 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£155K02/210.48 mi29, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£175K05/230.48 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£155K10/210.48 mi28, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£170.5K07/230.48 mi20, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£150K06/230.48 mi14, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£176K01/230.49 mi72, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PQ2
£155K08/230.51 mi4, Braeside Terrace, Whitley Bay, Tyne And Wear NE26 2EF2
£165K04/210.53 mi19, Naters Street, Whitley Bay, Tyne And Wear NE26 2PG2
£190K08/230.55 mi49, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£150K12/200.55 mi29, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£173K03/210.55 mi23, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£152K03/210.55 mi35, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£145K12/220.56 mi126, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2

Local Rents

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

RentDateDistanceAddressBeds 
£89506/240.02 miSouth Parade, Whitley Bay2
£80011/230.04 mi-2
£80007/240.05 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£85007/240.06 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£1,15006/240.06 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.06 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£75012/240.07 miSouth Parade, Whitley Bay2
£1,10005/240.09 miMontague Apartments, Whitley Bay2
£1,40005/240.09 miMontague Apartments, Whitley Bay2
£1,15006/240.09 miMontague Apartments, Whitley Bay2
£97505/240.1 mi-2
£97505/240.1 mi-2
£95006/240.1 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75005/240.1 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.11 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£85005/240.11 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£2,00007/240.15 mi-2
£75008/230.16 mi-2
£75006/240.16 miVictoria Mews2
£1,40006/240.19 miPark Avenue, Whitley Bay2
£70006/240.2 miClifton Terrace, Whitley Bay2
£99512/230.26 mi-2
£80005/240.26 miPark Parade, Whitley Bay2
£85006/240.26 miPark Parade, Whitley Bay2
£77003/250.28 mi-2
£85005/240.37 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£59506/230.38 mi-2
£59507/230.38 mi-2
£69505/240.38 miAlnwick Avenue, Whitley Bay2
£60005/240.4 mi-2
£69505/240.4 miAlnwick Avenue, Whitley Bay2
£74008/240.45 mi-2
£74007/240.45 miMarden Road South, Whitley Bay, NE252
£79508/240.48 mi-2
£79506/240.57 mi-2
£70003/230.6 mi-2
£72505/240.61 miParkside Court, Whitley Bay2

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.18 miles away

Nearest school

0.30 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £160,000

September 10, 2024

Sold for £120,000

2022

Sold for £87,000

2003

Sold for £59,950

2000

Sold for £45,500

1998

Floor Plans

Description

  • Top Floor +
  • Balcony +
  • Secure intercom entry system +
  • Garage +

Modern Two-Bedroom Apartment – Newly Refurbished

Step into this newly refurbished apartment, designed for contemporary living with:

Two Spacious Bedrooms: Offering ample room for relaxation, work, or guests.
Sleek Modern Kitchen: Featuring the latest appliances and stylish finishes.
Elegant Bathroom: A fresh and functional space for your daily routine.
Private Balcony: Perfect for enjoying your morning coffee or unwinding in the evening.
Experience the perfect blend of modern comfort and practical design in this exceptional apartment.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 958

Agent Details

Pattinson Estate Agents, Whitley Bay

0191 625 0822

Next Steps?

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