2 Bed Flat, Single Let, Whitley Bay, NE26 2EQ, £169,950

6 Alma Place, Whitley Bay, Tyne And Wear, NE26 2EQ - 2 views - 6 months ago

Under Offer
BTL
48 m²
+6 photos

ValuationOvervalued

Sold Prices£82.5K - £305K
Sold Prices/m²£1.1K/m² - £4.8K/m²

 

 

Square Metres

48.20 m²
Price/m²£3.5K/m²

Value Estimate

£108,323

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,488

Stamp Duty & Legal Fees

£6,299

Total Cash In

£48,786

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£695

Running Costs/mo

£690

Cashflow/mo

£5

Cashflow/yr

£59

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £82.5K to £305K, average is £152.5K. £1.1K/m² to £4.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£118K05/210.03 mi2a, Devonshire Terrace, Whitley Bay, Tyne And Wear NE26 2EJ2
£113K05/230.04 miSecond Floor Flat, 30, Whitley Road, Whitley Bay, Tyne And Wear NE26 2NF2
£140K12/220.06 mi9a, Stanley Crescent, Whitley Bay, Tyne And Wear NE26 2EB2
£90K06/240.09 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£220K01/230.11 mi10, Grafton Road, Whitley Bay, Tyne And Wear NE26 2NR2
£155K10/210.11 mi28, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£170.5K07/230.11 mi20, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£150K06/230.11 mi14, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£90K07/230.12 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£186.5K02/230.12 mi25, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PH2
£115.5K02/230.13 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£176K01/230.14 mi72, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PQ2
£155K08/230.15 mi4, Braeside Terrace, Whitley Bay, Tyne And Wear NE26 2EF2
£165K04/210.17 mi19, Naters Street, Whitley Bay, Tyne And Wear NE26 2PG2
£190K08/230.18 mi49, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£150K12/200.18 mi29, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£173K03/210.18 mi23, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£152K03/210.19 mi35, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£145K12/220.19 mi126, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£180.8K10/200.22 mi25, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£173.8K11/230.22 mi39a, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£132.5K08/230.23 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£185K12/220.29 mi6, Station Road, Cullercoats, North Shields, Tyne And Wear NE30 4PQ2
£155.1K09/220.3 mi6, Dove Court, North Shields, Tyne And Wear NE30 4QN2
£115K03/210.3 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£127.5K10/200.31 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.31 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.31 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£122.5K02/210.31 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£120K11/200.32 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£279K09/220.32 mi27, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£185K02/230.33 mi31, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£305K10/200.33 mi13, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£232.5K06/210.33 mi3, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£150K05/210.33 mi9, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£295K05/210.33 mi29, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£127.5K10/200.33 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£160K08/230.34 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.34 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£82.5K08/240.37 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£130K09/220.37 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£165K02/210.39 mi7, Marden Avenue, North Shields, Tyne And Wear NE30 4PB2
£196K01/230.39 mi7, Marden Avenue, North Shields, Tyne And Wear NE30 4PB2
£135K11/200.41 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.41 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£144K03/230.48 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.48 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.48 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£153K12/200.5 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£180K02/230.53 mi9a, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF2

Local Rents

38 rents from £600/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£77003/250.1 mi-2
£79508/240.12 mi-2
£85005/240.18 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£79506/240.2 mi-2
£95006/240.27 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75006/240.27 miVictoria Mews2
£82507/240.29 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£75005/240.29 miEsplanade, Whitley Bay. NE26 2AL2
£90008/240.3 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£74008/240.31 mi-2
£74007/240.31 miMarden Road South, Whitley Bay, NE252
£85005/240.31 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£70006/240.31 miClifton Terrace, Whitley Bay2
£99512/230.33 mi-2
£75012/240.33 miSouth Parade, Whitley Bay2
£1,10005/240.33 miMontague Apartments, Whitley Bay2
£1,40005/240.33 miMontague Apartments, Whitley Bay2
£1,15006/240.33 miMontague Apartments, Whitley Bay2
£80011/230.33 mi-2
£1,15006/240.34 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.34 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£80007/240.37 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£89506/240.38 miSouth Parade, Whitley Bay2
£85007/240.39 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£82508/240.43 mi-2
£2,00007/240.45 mi-2
£75008/230.45 mi-2
£97505/240.46 miLinks Road, North Shields2
£97505/240.46 mi-2
£97505/240.46 mi-2
£85005/240.51 miFarringdon Road, Marden Estate, North Shields2
£1,10007/240.52 miBeverley Terrace, Cullercoats2
£80005/240.54 miPark Parade, Whitley Bay2
£85006/240.54 miPark Parade, Whitley Bay2
£1,40006/240.56 miPark Avenue, Whitley Bay2
£60005/240.59 mi-2
£69505/240.59 miAlnwick Avenue, Whitley Bay2
£69505/240.61 miAlnwick Avenue, Whitley Bay2

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.49 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £169,950

October 22, 2024

Sold for £105,000

2012

Sold for £108,000

2006

Sold for £113,000

2005

Sold for £52,000

2001

Sold for £45,000

2000

Sold for £30,154

1997

Floor Plans

Description

  • TWO BEDROOM FIRST FLOOR FLAT +
  • SOUGHT AFTER RESIDENTIAL LOCATION +
  • CLASSIC KITCHEN +
  • BATHROOM & SEPARATE WC +
  • FRONT GARDEN & REAR YARD +
  • FABULOUS LOCATION +
  • NO UPPER CHAIN +
  • EPC RATING C +

This well presented, characterful, two bedroom first floor flat is perfectly located in a highly sought after residential location, has no upper chain and is ideal for a range of buyers.
With over 650 square foot of accommodation, this two bedroom property comprises of a vestibule with stairs to the landing, a light and spacious lounge and two good sized bedrooms, one with built in storage. From the lounge there is a door to the rear lobby leading to a bathroom which benefits from a panelled bath and shower over, pedestal washbasin and a separate low level WC. There is also a classic kitchen benefitting from a range of units with contrasting worktops and access to the rear yard. Externally the property benefits from a 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 -

Landing -

Lounge - 3.20m x 5.36m (10'6" x 17'7") -

Bedroom - 4.52m x3.43m (14'10" x11'3") -

Bedroom - 2.24m x 3.58m (7'4" x 11'9") -

Rear Lobby -

Kitchen - 3.18m x 1.88m (10'5" x 6'2") -

Bathroom - 1.65m x 1.57m (5'5" x 5'2") -

Separate Wc - 1.65m x 0.81m (5'5" x 2'8") -

Front Garden -

Rear Yard -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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