2 Bed Flat, Single Let, Whitley Bay, NE25 0DG, £79,950

112 Astley Road, Seaton Delaval, Whitley Bay, NE25 0DG - 7 months ago

Sold STC
Leasehold
BTL
ROI: 5%
61 m²
+1 photos

ValuationUndervalued

Sold Prices£53.5K - £116K
Sold Prices/m²£1K/m² - £1.9K/m²

 

 

Square Metres

61 m²
Price/m²£1.3K/m²

Value Estimate

£81,935
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Total Cash In

£25,185

 

 

Cash Out

 

Rent Range

£350 - £750

Rent Estimate

£481

Running Costs/mo

£366

Cashflow/mo

£115

Cashflow/yr

£1,379

ROI

5%

Gross Yield

7%

Local Sold Prices

28 sold prices from £53.5K to £116K, average is £75.5K. £1K/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£80K11/200.18 mi23, Hayward Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0AF2
£104K12/220.19 mi11, Hayward Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0AF2
£85K08/220.58 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£72K02/210.58 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£72K02/210.58 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£104K10/220.62 mi16, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£110K05/230.62 mi14, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£71K03/210.62 mi6, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£58K01/210.79 mi4, Denham Drive, Seaton Delaval, Whitley Bay, Northumberland NE25 0LA2
£116K03/230.97 mi25, Laurel Terrace, Holywell, Whitley Bay, Northumberland NE25 0ND2
£98K08/210.98 mi3, Laurel Terrace, Holywell, Whitley Bay, Northumberland NE25 0ND2
£64K06/211.85 mi7, Weetwood Road, Cramlington, Northumberland NE23 6HT2
£76.5K11/211.85 mi13, Weetwood Road, Cramlington, Northumberland NE23 6HT2
£55K08/231.87 mi67, Winshields, Cramlington, Northumberland NE23 6JB2
£76K11/201.87 mi46, Whitelaw Place, Cramlington, Northumberland NE23 6HY2
£60K03/211.92 mi4, Woodhill Road, Cramlington, Northumberland NE23 6JQ2
£54K11/211.92 mi10, Woodhill Road, Cramlington, Northumberland NE23 6JQ2
£70K04/211.92 mi12, Wreay Walk, Cramlington, Northumberland NE23 6LL2
£77.5K04/231.92 mi46, Wreay Walk, Cramlington, Northumberland NE23 6LL2
£78K02/211.93 mi10, Otley Close, Cramlington, Northumberland NE23 2YP2
£56K04/231.97 mi30, Oxford Avenue, Eastfield Green, Cramlington, Northumberland NE23 2YL2
£83K02/231.97 mi37, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£75K05/211.97 mi15, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£80K12/201.97 mi43, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£53.5K06/211.97 mi7, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£73.5K11/221.98 mi45, Coomside, Cramlington, Northumberland NE23 6HW2
£82K08/221.99 mi6, Huntingdon Drive, Cramlington, Northumberland NE23 2FA2
£74K05/221.99 mi10, Huntingdon Drive, Cramlington, Northumberland NE23 2FA2

Local Rents

11 rents from £350/mo to £750/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£47507/230.05 mi-2
£52509/240.05 mi-2
£62507/240.15 mi-2
£62507/240.15 mi-2
£62507/240.15 miHartley Street, Seaton Delaval, Whitley Bay, NE252
£62506/240.24 miQueens Court, Seaton Delaval, Whitley Bay, Northumberland, NE25 0BR2
£75008/240.29 miPark View, Seaton Delaval, Whitley Bay2
£69506/240.35 mi-2
£35005/240.38 miElsdon Avenue, Whitley Bay2
£75006/240.6 miNewburgh Avenue, Seaton Delaval, Whitley Bay2
£70008/240.98 miLaurel Terrace, Holywell, Whitley Bay2

Local Area Statistics

Population in NE25

29,936

Population in Whitley Bay

49,103

Town centre distance

2.79 miles away

Nearest school

0.20 miles away

Nearest train station

2.72 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £79,950

September 12, 2024

Description

  • First Floor apartment +
  • Situated in centre of Seaton Delaval close to amenities +
  • Lounge +
  • Modern Kitchen/Breakfast +
  • Two Bedrooms +
  • Bathroom with shower +
  • Gas central heating +
  • UPVC Double Glazing +
  • Viewing recommended +
  • No upper chain +

Two bedroom first floor apartment located in the centre of Seaton Delaval, close to all local amenities, "New Super school", shops, hospital, bus stops, New station for Northumberland train line for commuting to Newcastle, close to Holywell Dene for scenic walks and The coast at Seaton Sluice.

The flat itself has a Hallway with stairs leading to Spacious Lounge leading to Kitchen/Breakfast room which has fitted wall and floor units with gas hob and oven, White Bathroom suite with shower over, Two Bedrooms.

Benefiting from gas central heating, UPVC double glazing and No upper chain.

Hallway -

Lounge - 4.27m x 5.51m (14'0 x 18'1) -

Kitchen/Breakfast Room - 2.59m x 3.12m (8'6 x 10'3) -

Bathroom -

Bedroom 1 - 4.27m x 2.36m (14'0 x 7'9) -

Bedroom 2 - 2.74m x 4.27m (9'0 x 14'0) -

Viewings - OFFICE HOURS:
Monday - Friday 9:00am - 5:00pm
Saturday 9:00am - 2:00pm

We are contactable after hours on our social media pages and via email

VIEWING: Viewing is strictly by appointment through: - ML Estates, 27 Avenue Road, Seaton Delaval, Tyne & Wear, NE25 0DT

DISCLAIMER: ML Estates Ltd endeavour to maintain accurate descriptions of properties in Virtual Tours, Brochures, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

The mention of any appliances and/or services within these does not imply that they are in full and efficient working order We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment..

The Tenure of the property should be clarified by your legal representative prior to exchange of contracts.

Agent Details

M L Estates Ltd, Seaton Delaval

0191 625 0966

Next Steps?

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