3 Bed Terraced House, Single Let, Whitley Bay, NE26 3LY, £345,000

1 KEW GARDENS, WHITLEY BAY NE26 3LY - 3 views - 2 months ago

BTL
133 m²
+11 photos

ValuationUndervalued

Sold Prices£220K - £585K
Sold Prices/m²£2.3K/m² - £4.2K/m²

 

 

Square Metres

133 m²
Price/m²£2.6K/m²

Value Estimate

£382,933
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£86,250

Stamp Duty & Legal Fees

£16,300

Total Cash In

£102,550

 

 

Cash Out

 

Rent Range

£750 - £3,000

Rent Estimate

£875

Running Costs/mo

£1,273

Cashflow/mo

£-398

Cashflow/yr

£-4,777

Gross Yield

3%

Local Sold Prices

49 sold prices from £220K to £585K, average is £320K. £2.3K/m² to £4.2K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£404.3K02/240.03 mi83, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QP3
£267K01/210.05 mi32, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QP3
£289.2K06/210.05 mi108, Ilfracombe Gardens, Whitley Bay, Tyne And Wear NE26 3SG3
£274K12/200.06 mi43, Windsor Gardens, Whitley Bay, Tyne And Wear NE26 3BG3
£305K02/210.07 mi80, Eastbourne Gardens, Whitley Bay, Tyne And Wear NE26 3LX3
£282.5K02/210.07 mi12, Windsor Gardens, Whitley Bay, Tyne And Wear NE26 3BG3
£276K03/210.07 mi24, Windsor Gardens, Whitley Bay, Tyne And Wear NE26 3BG3
£245K05/210.08 mi18, Windsor Gardens, Whitley Bay, Tyne And Wear NE26 3BG3
£326K06/210.08 mi23, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW3
£350K03/230.09 mi77, Eastbourne Gardens, Whitley Bay, Tyne And Wear NE26 3LX3
£375K03/240.09 mi37, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW3
£369.9K05/230.09 mi41, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW3
£365.5K04/230.1 mi38, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3BH3
£293.1K11/200.1 mi13, Bideford Gardens, Whitley Bay, Tyne And Wear NE26 1QW3
£372.5K10/230.11 mi59, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QD3
£365K08/230.13 mi19, Tynedale Avenue, Whitley Bay, Tyne And Wear NE26 3BA3
£420K03/210.14 mi3, Evesham Avenue, Whitley Bay, Tyne And Wear NE26 1QR3
£440K05/240.14 mi1, Brighton Grove, Whitley Bay, Tyne And Wear NE26 1QH3
£302.5K05/240.15 mi4, Ventnor Gardens, Whitley Bay, Tyne And Wear NE26 1QB3
£220K10/200.19 mi12, Marine Gardens, Whitley Bay, Tyne And Wear NE26 1EQ3
£585K02/240.21 mi18, Ashfield Grove, Whitley Bay, Tyne And Wear NE26 1RT3
£450.2K08/210.21 mi52, Davison Avenue, Whitley Bay, Tyne And Wear NE26 1SH3
£420K02/210.23 mi86, Holywell Avenue, Whitley Bay, Tyne And Wear NE26 3AD3
£270K07/210.24 mi13, Beech Grove, Whitley Bay, Tyne And Wear NE26 3PJ3
£286K10/200.25 mi8, Richmond Terrace, Whitley Bay, Tyne And Wear NE26 1SG3
£375K06/240.25 mi27, Richmond Terrace, Whitley Bay, Tyne And Wear NE26 1SG3
£299.9K08/240.25 mi34, Claremont Road, Whitley Bay, Tyne And Wear NE26 3TW3
£429K10/200.25 mi2, Hobart, Whitley Bay, Tyne And Wear NE26 3TA3
£382.4K03/210.25 mi47, Claremont Road, Whitley Bay, Tyne And Wear NE26 3TN3
£357K09/210.26 mi11, Brundon Avenue, Whitley Bay, Tyne And Wear NE26 1SE3
£392.5K06/210.26 mi14, Brundon Avenue, Whitley Bay, Tyne And Wear NE26 1SE3
£308K03/210.26 mi32, Beech Grove, Whitley Bay, Tyne And Wear NE26 3PL3
£450K12/220.26 mi85, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3AS3
£320K02/210.26 mi93, Queens Road, Monkseaton, Whitley Bay, Tyne And Wear NE26 3AS3
£280K05/210.26 mi24, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£290K06/210.26 mi20, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£284.5K01/210.26 mi48, Countess Avenue, Whitley Bay, Tyne And Wear NE26 3PN3
£450.5K11/220.27 mi18, Grasmere Crescent, Whitley Bay, Tyne And Wear NE26 3TB3
£255K03/230.28 mi14, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£221.5K02/210.28 mi24, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£293K01/230.28 mi34, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£248.5K08/210.28 mi20, Duchess Street, Whitley Bay, Tyne And Wear NE26 3PW3
£360K08/240.29 mi47, Beech Grove, Whitley Bay, Tyne And Wear NE26 3PL3
£445.8K03/210.29 mi21, Shaftesbury Avenue, Whitley Bay, Tyne And Wear NE26 3TD3
£260K12/210.31 mi11, Duke Street, Whitley Bay, Tyne And Wear NE26 3PP3
£272.5K07/240.31 mi12, Duke Street, Whitley Bay, Tyne And Wear NE26 3PP3
£320K08/230.31 mi5, Beach Avenue, Whitley Bay, Tyne And Wear NE26 1EA3
£435K10/230.32 mi25, Madeira Avenue, Whitley Bay, Tyne And Wear NE26 3SZ3
£575K10/220.32 mi40, Madeira Avenue, Whitley Bay, Tyne And Wear NE26 3SZ3

Local Rents

30 rents from £750/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95007/240.39 miCambridge Avenue, Whitley Bay. NE26 1BA3
£75007/240.56 miSouth Parade, Whitley Bay3
£1,20006/240.56 miKingsley Avenue, Whitley Bay, Tyne and Wear, NE253
£3,00006/240.61 miMontague Apartments, Whitley Bay3
£1,15006/240.63 miEsplanade, Whitley Bay, Tyne and Wear, NE263
£1,15012/240.63 miEsplanade Rise, Whitley Bay, Tyne and Wear, NE263
£1,30005/240.64 miHermiston, Monkseaton, Whitley Bay3
£1,25009/230.65 mi-3
£1,15005/240.67 miStation Road, Whitley Bay3
£1,20004/250.67 mi-3
£75006/240.77 miCauldwell Lane, Whitley Bay3
£1,40007/240.78 miCauldwell Lane, Whitley Bay, Tyne and Wear, NE253
£1,10004/240.85 mi-3
£1,10008/240.85 mi-3
£1,10007/240.85 miWhitley Road, Whitley Bay, NE263
£1,00005/240.89 miMarden Road, Whitley Bay, NE253
£1,65007/240.89 miMarden Road South, Whitley Bay, Tyne and Wear, NE253
£1,10007/240.9 miChathill Close, Whitley Bay3
£1,30005/240.91 miPlessey Crescent, Whitley Bay3
£1,20005/240.91 miPlessey Crescent, Whitley Bay, Tyne And Wear, NE253
£1,40011/241 mi-3
£1,25005/241.03 miFoxton Avenue, Cullercoats3
£99507/241.06 mi-3
£1,20005/241.11 miCranbourne Grove, North Shields3
£1,35005/241.18 miFalconer Court, Cullercoats3
£1,30006/241.21 miThorntree Drive, West Monkseaton3
£1,30005/241.22 miSeacombe Avenue, Cullercoats, North Shields3
£1,15012/231.23 mi-3
£1,15009/241.23 mi-3
£1,20010/241.23 mi-3

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £345,000

February 3, 2025

Floor Plans

Description

  • THREE BEDROOM PLUS STUDY END TERRACE HOUSE +
  • WELL CONVERTED & PRESENTED +
  • SPACIOUS RECEPTION ROOM +
  • KITCHEN DINER & UTILITY ROOM +
  • FAMILY BATHROOM & SEPARATE WC +
  • WEST FACING SIDE YARD +
  • NO UPPER CHAIN +
  • EPC RATING E +

This rare to the market and characterful, end terrace house was built circa 1902 and is perfectly located in a sought after residential area. It boasts a wealth of period charm, has no upper chain and is ideal for a range of buyers.
With over 1340 square foot of accommodation set over three floors this well converted property consists of an entrance hallway with under stairs storage and doors to the reception room and kitchen diner. The reception room is light and spacious with a period feature fireplace and the good sized kitchen diner accommodates a family dining table and benefits from units with wood worktops, space for range oven with chimney hood over, space for a fridge freezer and a dishwasher. The utility room has further units and a door to the side yard. To the first floor there are two bedrooms, a study which could also be used as a nursery and a good sized family bathroom with roll top bath, walk in shower, pedestal wash basin and WC. Bedroom three is located on the top floor with ample eaves storage, a walk in shower and a separate WC with wash basin. Externally there is a West facing side yard with gated access to the street to provide the option of off street parking.
The generous size, potential and fabulous location 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.

Entrance Hallway -

Reception Room - 4.90m x 3.84m (16'1 x 12'7) -

Kitchen Diner - 4.78m x 3.40m & 2.49m x 1.93m (15'8 x 11'2 & 8'2 x -

Utility Room - 2.49m x 1.75m (8'2 x 5'9) -

Landing -

Bedroom One - 4.88m x 3.86m (16 x 12'8) -

Bedroom Two - 2.69m x 2.34m (8'10 x 7'8) -

Study - 2.79m x 1.78m (9'2 x 5'10) -

Bathroom Wc - 2.74m x 1.93m & 2.01m x 1.47m (9 x 6'4 & 6'7 x 4'1 -

Bedroom Three - 8.38m x 2.18m (27'6 x 7'2) -

Separate Wc -

Side Yard -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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