2 Bed Flat, Single Let, Whitley Bay, NE26 3LJ, £149,950

Park View Court, Whitley Bay, Tyne and Wear, NE26 3LJ - 2 views - 2 months ago

Sold STC
Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£142,363

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£599

Running Costs/mo

£608

Cashflow/mo

£-9

Cashflow/yr

£-113

Gross Yield

5%

Local Sold Prices

50 sold prices from £82.5K to £300K, average is £136.7K. £1.1K/m² to £3.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£99K12/200.04 mi4, Park View Court, Whitley Bay, Tyne And Wear NE26 3LJ2
£249.9K03/230.09 mi50b, Marine Avenue, Whitley Bay, Tyne And Wear NE26 1NF2
£180K01/230.12 mi50, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£185K04/230.12 mi17, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£147.5K01/210.12 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£155K02/210.12 mi29, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£175K05/230.12 mi19, Village Court, Whitley Bay, Tyne And Wear NE26 3QA2
£165K07/210.15 mi69, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£150K07/210.15 mi76, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£182K10/220.15 mi68, Village Court, Whitley Bay, Tyne And Wear NE26 3QB2
£300K10/200.21 mi1, Holywell Avenue, Whitley Bay, Tyne And Wear NE26 3AH2
£190K04/210.28 mi10, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£210K09/210.28 mi12, The Links, Whitley Bay, Tyne And Wear NE26 1PS2
£153K12/200.29 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£144K03/230.3 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.3 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.3 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£180K02/230.33 mi9a, Brook Street, Whitley Bay, Tyne And Wear NE26 1AF2
£135K11/200.34 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.34 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£127.5K08/210.36 mi79, Kenilworth Road, Whitley Bay, Tyne And Wear NE25 8BB2
£130K09/220.41 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£82.5K08/240.41 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£127.5K10/200.43 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£122.5K02/210.43 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£120K11/200.43 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£115K03/210.44 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£127.5K10/200.45 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.45 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.45 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£160K08/230.49 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.49 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£132.5K08/230.52 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£128K01/210.58 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£128K01/210.58 mi14, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135K07/230.58 mi16, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£135.4K03/230.58 mi17, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8ST2
£140K06/210.6 mi64, Cauldwell Lane, Whitley Bay, Tyne And Wear NE25 8LN2
£115.5K02/230.61 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£118K01/210.63 mi8, St Martins Court, Whitley Bay, Tyne And Wear NE26 3JP2
£90K06/240.65 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£135K07/230.65 mi54, Woodburn Drive, Whitley Bay, Tyne And Wear NE26 3HY2
£140K02/210.66 mi77, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£110K11/200.66 mi49, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£125K04/210.66 mi152, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£145K05/230.66 mi53, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£159.3K12/220.66 mi116, Closefield Grove, Whitley Bay, Tyne And Wear NE25 8SU2
£90K07/230.66 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£159K06/210.7 mi9, Beaumont Court, Whitley Bay, Tyne And Wear NE25 9TZ2
£157K04/210.7 mi6, Beaumont Court, Whitley Bay, Tyne And Wear NE25 9TZ2

Local Rents

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

RentDateDistanceAddressBeds 
£59506/230.1 mi-2
£59507/230.1 mi-2
£72505/240.18 miParkside Court, Whitley Bay2
£69505/240.19 miAlnwick Avenue, Whitley Bay2
£80005/240.2 miPark Parade, Whitley Bay2
£85006/240.2 miPark Parade, Whitley Bay2
£69505/240.2 miAlnwick Avenue, Whitley Bay2
£60005/240.21 mi-2
£70003/230.28 mi-2
£75008/230.3 mi-2
£2,00007/240.3 mi-2
£1,40006/240.31 miPark Avenue, Whitley Bay2
£85007/240.39 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80007/240.41 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£70006/240.43 miClifton Terrace, Whitley Bay2
£99512/230.43 mi-2
£97505/240.43 mi-2
£97505/240.43 mi-2
£75012/240.43 miSouth Parade, Whitley Bay2
£85005/240.44 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£89506/240.45 miSouth Parade, Whitley Bay2
£80011/230.46 mi-2
£75006/240.46 miVictoria Mews2
£1,15006/240.5 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.5 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£95006/240.53 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£1,10005/240.53 miMontague Apartments, Whitley Bay2
£1,40005/240.53 miMontague Apartments, Whitley Bay2
£1,15006/240.53 miMontague Apartments, Whitley Bay2
£75005/240.54 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.54 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£79509/240.56 mi-2
£75001/240.59 mi-2
£74008/240.62 mi-2
£74007/240.62 miMarden Road South, Whitley Bay, NE252

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

0.75 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 £149,950

January 27, 2025

Description

  • Two Bedroom Second Floor Flat +
  • Well Presented +
  • Heart of Whitley Bay +
  • Walking Distance to the Beach +
  • No Upper Chain +

Pattinson welcome to the sales market this spacious two bedroom top floor flat situated in the heart of Whitley Bay with the beach just a short stroll away, adding to the appeal of this location in addition to the town centre, excellent transport links. The property is spacious throughout and benefits from excellent natural light. Whitley Bay is a beautiful seaside town known for its seamless merging of old and new, vibrant and peaceful.

Comprising secure entry system stairs to the spacious second floor landing, good sized hallway with three storage cupboards, bright spacious lounge with dining area large floor to ceiling window offering excellent natural light, new fitted kitchen with a range of wall and floor units, integrated oven and hob, bedroom 1 double with fitted wardrobes, bedroom 2 small double with fitted wardrobes, bathroom with white suite, shower. Externally there is parking. NO UPPER CHAIN!!!! Call now to arrange your viewing or whitley.

Council Tax Band: A
Tenure: Leasehold

Agent Details

Pattinson Estate Agents, Whitley Bay

0191 625 0822

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪