5 Bed Terraced House, Single Let, Whitley Bay, NE26 2AZ, £489,950

2 VICTORIA AVENUE, WHITLEY BAY NE26 2AZ - 3 views - 3 months ago

Under Offer
BTL
139 m²
+18 photos

ValuationOvervalued

Sold Prices£257K - £960K
Sold Prices/m²£1.5K/m² - £5.6K/m²

 

 

Square Metres

138.60 m²
Price/m²£3.5K/m²

Value Estimate

£358,297

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£122,488

Stamp Duty & Legal Fees

£27,896

Total Cash In

£150,384

 

 

Cash Out

 

Rent Range

£575 - £3,000

Rent Estimate

£750

Running Costs/mo

£1,701

Cashflow/mo

£-951

Cashflow/yr

£-11,413

Gross Yield

2%

Local Sold Prices

50 sold prices from £257K to £960K, average is £408K. £1.5K/m² to £5.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£410K06/210.03 mi2, Victoria Avenue, Whitley Bay, Tyne And Wear NE26 2AZ5
£493.4K08/230.03 mi9, Victoria Avenue, Whitley Bay, Tyne And Wear NE26 2AZ5
£397K11/200.09 mi19, Victoria Avenue, Whitley Bay, Tyne And Wear NE26 2BA5
£390K12/200.1 mi27, Edwards Road, Whitley Bay, Tyne And Wear NE26 2BH5
£285K01/210.1 mi7, Linden Terrace, Whitley Bay, Tyne And Wear NE26 2AA5
£318K11/230.1 mi2, Linden Terrace, Whitley Bay, Tyne And Wear NE26 2AA5
£295K05/230.11 mi38, Percy Road, Whitley Bay, Tyne And Wear NE26 2AY5
£385K06/240.11 mi63, Percy Road, Whitley Bay, Tyne And Wear NE26 2AY5
£400K09/230.12 mi33, Station Road, Whitley Bay, Tyne And Wear NE26 2QZ5
£675K06/230.14 mi6a, Rockcliffe, Whitley Bay, Tyne And Wear NE26 2BG5
£320K10/230.14 mi14, Edwards Road, Whitley Bay, Tyne And Wear NE26 2BJ5
£300K05/210.18 mi6, Delaval Road, Whitley Bay, Tyne And Wear NE26 2NG5
£373.7K01/230.21 mi4, North Parade, Whitley Bay, Tyne And Wear NE26 1PA5
£360K03/230.21 mi25, The Crescent, Whitley Bay, Tyne And Wear NE26 2JG5
£410K09/230.21 mi11, The Crescent, Whitley Bay, Tyne And Wear NE26 2JG5
£300K04/210.23 mi70, Oxford Street, Whitley Bay, Tyne And Wear NE26 1AD5
£353K04/240.26 mi21, Ocean View, Whitley Bay, Tyne And Wear NE26 1AL5
£592.5K03/230.3 mi1, Roxburgh Terrace, Whitley Bay, Tyne And Wear NE26 1DR5
£450K03/210.31 mi48, Marden Road South, Whitley Bay, Tyne And Wear NE25 8PJ5
£540K09/210.33 mi16, Windsor Crescent, Whitley Bay, Tyne And Wear NE26 2PA5
£350K07/210.34 mi10, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF5
£707.5K12/230.35 mi2, Windsor Crescent, Whitley Bay, Tyne And Wear NE26 2PA5
£699K04/240.35 mi13, Windsor Crescent, Whitley Bay, Tyne And Wear NE26 2PA5
£359.9K05/230.35 mi25, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF5
£389.9K01/240.35 mi33, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF5
£385K10/210.35 mi134, Park Avenue, Whitley Bay, Tyne And Wear NE26 1AY5
£455K06/230.36 mi57, Park Parade, Whitley Bay, Tyne And Wear NE26 1DT5
£450K03/240.36 mi33, Park Parade, Whitley Bay, Tyne And Wear NE26 1DT5
£425K01/230.38 mi16, Park Parade, Whitley Bay, Tyne And Wear NE26 1DX5
£508.3K10/230.38 mi166, Park Avenue, Whitley Bay, Tyne And Wear NE26 1AU5
£425K11/230.39 mi22, Shorestone Avenue, North Shields, Tyne And Wear NE30 3NE5
£257K01/210.4 mi15, Percy Avenue, North Shields, Tyne And Wear NE30 4PE5
£330K10/200.4 mi17, Beach Avenue, Whitley Bay, Tyne And Wear NE26 1EA5
£635K09/230.41 mi8, Promontory Terrace, Whitley Bay, Tyne And Wear NE26 2PF5
£332K07/230.51 mi3, Elmwood Grove, Whitley Bay, Tyne And Wear NE26 1LU5
£360K10/230.53 mi3, St Oswins Avenue, North Shields, Tyne And Wear NE30 4PH5
£334.9K02/210.55 mi10, Marden Farm Drive, North Shields, Tyne And Wear NE30 3LP5
£960K08/240.64 mi103, Marine Avenue, Whitley Bay, Tyne And Wear NE26 3LN5
£359.9K01/210.69 mi43, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QD5
£617.9K02/210.74 mi23, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3AW5
£525K01/240.74 mi28, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3BH5
£406K08/210.75 mi27, Kendal Avenue, Cullercoats, North Shields, Tyne And Wear NE30 3AQ5
£504.3K07/230.8 mi13, Glendale Avenue, Whitley Bay, Tyne And Wear NE26 1RX5
£475K03/210.81 mi20, Glendale Avenue, Whitley Bay, Tyne And Wear NE26 1RX5
£570K02/210.82 mi9, Davison Avenue, Whitley Bay, Tyne And Wear NE26 1SA5
£860K01/220.83 mi15, Davison Avenue, Whitley Bay, Tyne And Wear NE26 1SA5
£350K04/210.83 mi24, Claremont Gardens, Whitley Bay, Tyne And Wear NE26 3SB5
£700K06/220.85 mi22, Davison Avenue, Whitley Bay, Tyne And Wear NE26 1SD5
£673K12/230.87 mi64, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3AY5
£673K12/230.87 mi64, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3AY5

Local Rents

28 rents from £575/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.04 mi-4
£1,80005/240.06 miStyan Avenue, Whitley Bay5
£1,15005/240.08 miStation Road, Whitley Bay3
£1,15006/240.1 miEsplanade, Whitley Bay, Tyne and Wear, NE263
£1,15012/240.1 miEsplanade Rise, Whitley Bay, Tyne and Wear, NE263
£75007/240.15 miSouth Parade, Whitley Bay3
£1,10004/240.15 mi-3
£1,10008/240.15 mi-3
£1,10007/240.15 miWhitley Road, Whitley Bay, NE263
£3,00006/240.17 miMontague Apartments, Whitley Bay3
£2,20010/240.18 mi-4
£2,20007/240.18 miHigh Point View, Whitley Bay, NE264
£1,30005/240.25 miPlessey Crescent, Whitley Bay3
£1,20005/240.25 miPlessey Crescent, Whitley Bay, Tyne And Wear, NE253
£75005/240.3 miPark View, Whitley Bay4
£95007/240.31 miCambridge Avenue, Whitley Bay. NE26 1BA3
£57502/250.32 mi-6
£1,40010/240.36 mi-3
£1,00005/240.37 miMarden Road, Whitley Bay, NE253
£1,65007/240.37 miMarden Road South, Whitley Bay, Tyne and Wear, NE253
£99507/240.38 mi-3
£1,25005/240.4 miFoxton Avenue, Cullercoats3
£1,25006/240.42 miBeach Avenue, Whitley Bay, Tyne and Wear, NE26 1DZ4
£1,35005/240.5 miFalconer Court, Cullercoats3
£1,20006/240.55 miKingsley Avenue, Whitley Bay, Tyne and Wear, NE253
£1,20006/240.56 miKingsley Avenue, Whitley Bay4
£1,20005/240.61 miCranbourne Grove, North Shields3
£1,30005/240.61 miSeacombe Avenue, Cullercoats, North Shields3

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.33 miles away

Nearest school

0.30 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £489,950

January 24, 2025

Floor Plans

Description

  • FIVE BEDROOM MID TERRACE HOUSE +
  • PEDESTRIANISED STREET +
  • TWO RECEPTION ROOMS +
  • CONTEMPORARY BREAKFASTING KITCHEN +
  • SHOWER ROOM, BATHROOM & DOWNSTAIRS WC +
  • FRONT GARDEN +
  • REAR YARD WITH OUTHOUSE +
  • EPC RATING D +

This beautiful and characterful, mid terrace house was built in 1900 and is perfectly located in a popular residential area. It boasts a wealth of modern features with period charm and is ideal for a family.
With over 1900 square feet of accommodation set over three floors, this lovely property consists of a vestibule and spacious entrance hallway with stairs up to the first floor and doors to the reception rooms, kitchen and downstairs WC. The two grand reception rooms are open plan and have period feature fireplaces, and the breakfasting kitchen benefits from a range of high gloss units with granite worktops, breakfast bar, space for an American style fridge freezer and integrated appliances including single oven, gas hob, extractor hood, dishwasher, wine cooler, microwave and instant boiling water tap. There is a downstairs WC with pedestal wash basin. To the first floor there are three spacious bedrooms, a dressing room to bedroom one and a modern shower room with walk in shower, vanity washbasin and low level WC. On the top floor there are two more good sized bedrooms and a beautiful bathroom benefitting from a roll top bath with central taps and telephone shower attachment, pedestal wash basin and low level WC. Externally there is a substantial front garden with lawn and mature shrubs, and a rear yard with access to an outhouse which is used as a utility space.
The generous size, fabulous location and perfect family feel 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 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 -

Entrance Hallway -

Reception Room One & Two - 8.53m x 4.34m (28 x 14'3) -

Breakfasting Kitchen - 4.32m x 3.45m (14'2 x 11'4) -

Downstairs Wc -

Landing -

Bedroom, One - 4.34m x 3.86m (14'3 x 12'8) -

Bedroom Two - 3.96m x 3.91m (13 x 12'10) -

Bedroom Three - 3.66m x 2.77m (12 x 9'1) -

Shower Room - 1.70m x 0.91m (5'7 x 3) -

Second Floor Landing -

Bedroom Four - 4.29m x 2.39m (14'1 x 7'10) -

Bedroom Five - 3.40m x 3.33m (11'2 x 10'11) -

Bathroom Wc - 3.94m x 2.64m (12'11 x 8'8) -

Front Garden -

Rear Yard -

Outhouse - 3.00m x 2.87m (9'10 x 9'5) -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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