2 Bed Flat, Single Let, Whitley Bay, NE26 3PT, £165,000

Alnwick Avenue, Whitley Bay, Tyne and Wear, NE26 3PT - 3 months ago

Sold STC
Leasehold
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£82.5K - £300K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£141,428

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£599

Running Costs/mo

£655

Cashflow/mo

£-56

Cashflow/yr

£-677

Gross Yield

4%

Local Sold Prices

50 sold prices from £82.5K to £300K, average is £136.7K. £1.1K/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£165K07/210.1 mi69, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£150K07/210.1 mi76, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£182K10/220.1 mi68, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£180K01/230.12 mi50, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£185K04/230.13 mi17, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£147.5K01/210.13 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£155K02/210.13 mi29, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£175K05/230.13 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£99K12/200.22 mi4, Park View Court, Whitley Bay, Tyne And Wear NE26 3LJ2
£249.9K03/230.25 mi50b, Marine Avenue, Whitley Bay, Tyne And Wear NE26 1NF2
£135K11/200.26 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.26 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£127.5K10/200.26 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£144K03/230.27 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.27 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.27 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£153K12/200.28 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£120K11/200.28 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£127.5K08/210.28 mi79, Kenilworth Road, Whitley Bay, Tyne And Wear NE25 8BB2
£122.5K02/210.29 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£127.5K10/200.29 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.29 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.29 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£115K03/210.3 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£82.5K08/240.33 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£130K09/220.34 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£180K02/230.35 mi9a, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF2
£300K10/200.38 mi1, Holywell Avenue, Whitley Bay, Tyne And Wear NE26 3AH2
£132.5K08/230.41 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£190K04/210.42 mi10, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£210K09/210.42 mi12, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£160K08/230.43 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.43 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£115.5K02/230.47 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£90K06/240.52 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£90K07/230.55 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£128K01/210.55 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£128K01/210.55 mi14, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135K07/230.55 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135.4K03/230.55 mi17, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£140K12/220.55 mi9a, Stanley Crescent, Whitley Bay, Tyne And Wear NE26 2EB2
£118K05/210.57 mi2a, Devonshire Terrace, Whitley Bay, Tyne And Wear NE26 2EJ2
£140K06/210.59 mi64, Cauldwell Lane, Whitley Bay, Tyne And Wear NE25 8LN2
£140K02/210.6 mi77, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£110K11/200.6 mi49, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£125K04/210.6 mi152, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£145K05/230.6 mi53, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£159.3K12/220.6 mi116, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£113K05/230.63 miSecond Floor Flat, 30, Whitley Road, Whitley Bay, Tyne And Wear NE26 2NF2
£155K10/210.67 mi28, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2

Local Rents

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

RentDateDistanceAddressBeds 
£69505/240 miAlnwick Avenue, Whitley Bay2
£60005/240.02 mi-2
£69505/240.02 miAlnwick Avenue, Whitley Bay2
£59506/230.1 mi-2
£59507/230.1 mi-2
£80005/240.13 miPark Parade, Whitley Bay2
£85006/240.13 miPark Parade, Whitley Bay2
£70003/230.22 mi-2
£75008/230.23 mi-2
£2,00007/240.23 mi-2
£99512/230.26 mi-2
£72505/240.27 miParkside Court, Whitley Bay2
£70006/240.29 miClifton Terrace, Whitley Bay2
£85007/240.33 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80007/240.33 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£75006/240.34 miVictoria Mews2
£85005/240.34 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£75012/240.34 miSouth Parade, Whitley Bay2
£1,40006/240.35 miPark Avenue, Whitley Bay2
£80011/230.38 mi-2
£89506/240.4 miSouth Parade, Whitley Bay2
£97505/240.42 mi-2
£97505/240.42 mi-2
£74008/240.43 mi-2
£74007/240.43 miMarden Road South, Whitley Bay, NE252
£1,15006/240.44 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.44 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£95006/240.44 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75005/240.47 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.47 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£1,10005/240.47 miMontague Apartments, Whitley Bay2
£1,40005/240.47 miMontague Apartments, Whitley Bay2
£1,15006/240.47 miMontague Apartments, Whitley Bay2
£77003/250.53 mi-2
£79509/240.54 mi-2
£75001/240.59 mi-2

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £165,000

January 23, 2025

Floor Plans

Description

  • Two bedroom ground floor flat with private rear yard +
  • Located on a pedestrian walk way street. +
  • Ideal for first time buyer or rental investment +
  • Total floor area space 107 sq. m approx. +
  • Leasehold 999 years 1 January 2008 and ending on 31 +
  • EPC Rating D , North Tyneside Council Tax Band A +

Spacious and well-located two-bedroom ground-floor flat with the added benefit of a private rear yard. Situated on a charming pedestrianised walkway in Whitley Bay, this property is just a short stroll from the vibrant town centre and picturesque seafront. Perfectly suited for first-time buyers or as a fantastic rental investment opportunity.

Alnwick Avenue is a charming pedestrianized street located just off Park View, the main shopping area in Whitley Bay. The town boasts a fantastic selection of local shops, amenities, and facilities, all within easy reach. Whitley Bay also benefits from excellent transport links, making it convenient for residents and visitors alike. The picturesque seafront features stunning sandy beaches that stretch along the coastline, offering breath-taking views and easy access to neighbouring towns such as Tynemouth and Blyth.

The property benefits from double glazing gas central heating and briefly comprises: Communal entrance, stairs to upper floor, entrance hallway, lounge with bay window to the front, fitted kitchen, two bedrooms and a bathroom/WC. Externally there is a walled private rear yard and communal front garden.
Viewings are via appointment through our branch.

Leasehold 999 years starting on 1 January 2008 and ending on 31
EPC Rating D
North Tyneside Council Tax Band A

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

WBA240592/2

Agent Details

YOUR MOVE Chris Stonock, Whitley Bay

0191 607 7377

Next Steps?

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