2 Bed Flat, Single Let, Whitley Bay, NE25 0AA, £94,950

24 Hartley Street, Seaton Delaval, Whitley Bay NE25 0AA - 2 months ago

Leasehold
BTL
ROI: 3%
70 m²
+4 photos

ValuationUndervalued

Sold Prices£50.5K - £174K
Sold Prices/m²£909/m² - £2.6K/m²

 

 

Square Metres

70 m²
Price/m²£1.4K/m²

Value Estimate

£101,418
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,738

Stamp Duty & Legal Fees

£5,948

Total Cash In

£29,685

 

 

Cash Out

 

Rent Range

£350 - £750

Rent Estimate

£481

Running Costs/mo

£413

Cashflow/mo

£68

Cashflow/yr

£817

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50.5K to £174K, average is £78.5K. £909/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£80K11/200.04 mi23, Hayward Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0AF2
£104K12/220.04 mi11, Hayward Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0AF2
£72K02/210.44 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£72K02/210.44 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£85K08/220.44 mi19, Westbourne Terrace, Seaton Delaval, Whitley Bay, Northumberland NE25 0BE2
£104K10/220.52 mi16, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£110K05/230.52 mi14, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£71K03/210.52 mi6, Newburgh Avenue, Seaton Delaval, Whitley Bay, Northumberland NE25 0JW2
£58K01/210.65 mi4, Denham Drive, Seaton Delaval, Whitley Bay, Northumberland NE25 0LA2
£116K03/230.82 mi25, Laurel Terrace, Holywell, Whitley Bay, Northumberland NE25 0ND2
£98K08/210.83 mi3, Laurel Terrace, Holywell, Whitley Bay, Northumberland NE25 0ND2
£64K06/211.98 mi7, Weetwood Road, Cramlington, Northumberland NE23 6HT2
£76.5K11/211.98 mi13, Weetwood Road, Cramlington, Northumberland NE23 6HT2
£55K08/232 mi67, Winshields, Cramlington, Northumberland NE23 6JB2
£76K11/202.01 mi46, Whitelaw Place, Cramlington, Northumberland NE23 6HY2
£70K04/212.04 mi12, Wreay Walk, Cramlington, Northumberland NE23 6LL2
£77.5K04/232.04 mi46, Wreay Walk, Cramlington, Northumberland NE23 6LL2
£60K05/212.05 mi31, Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0JT2
£60K03/212.05 mi4, Woodhill Road, Cramlington, Northumberland NE23 6JQ2
£54K11/212.05 mi10, Woodhill Road, Cramlington, Northumberland NE23 6JQ2
£78K02/212.08 mi10, Otley Close, Cramlington, Northumberland NE23 2YP2
£83K02/232.09 mi37, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£75K05/212.09 mi15, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£80K12/202.09 mi43, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£53.5K06/212.09 mi7, Wreay Walk, Cramlington, Northumberland NE23 6LJ2
£174K02/212.1 mi22a, Front Street, Earsdon, Whitley Bay, Tyne And Wear NE25 9LA2
£73.5K11/222.11 mi45, Coomside, Cramlington, Northumberland NE23 6HW2
£56K04/232.12 mi30, Oxford Avenue, Eastfield Green, Cramlington, Northumberland NE23 2YL2
£80K08/212.12 mi65, Wreay Walk, Cramlington, Northumberland NE23 6PB2
£160K11/232.13 mi4, Wilton Close, Cramlington, Northumberland NE23 6LY2
£82K08/222.14 mi6, Huntingdon Drive, Cramlington, Northumberland NE23 2FA2
£74K05/222.14 mi10, Huntingdon Drive, Cramlington, Northumberland NE23 2FA2
£71K11/212.15 mi74, Westerkirk, Cramlington, Northumberland NE23 6NE2
£80K09/222.17 mi27, Wedder Law, Cramlington, Northumberland NE23 6LR2
£77K06/222.18 mi3, Craigend, Cramlington, Northumberland NE23 6LF2
£50.5K04/212.18 mi33, Wedder Law, Cramlington, Northumberland NE23 6LR2
£72K10/212.18 mi105, Cramond Way, Cramlington, Northumberland NE23 6LB2
£89K11/222.21 mi37, Crofthead Drive, Cramlington, Northumberland NE23 6LG2
£125K03/232.21 mi13, Hertford Grove, Cramlington, Northumberland NE23 2FL2
£74K04/212.23 mi12, Hickstead Grove, Cramlington, Northumberland NE23 2FF2
£85K07/232.23 mi6, Hickstead Grove, Cramlington, Northumberland NE23 2FF2
£79K07/222.23 mi52, Wedder Law, Cramlington, Northumberland NE23 6PA2
£116.5K11/232.31 mi27, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£130K01/212.31 mi21, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£120K02/232.32 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£109K03/212.32 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£122.5K03/232.32 mi25, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£83K02/212.33 mi78, Gresham Close, Cramlington, Northumberland NE23 6EJ2
£125K08/222.33 mi33, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£70.5K11/202.33 mi7, Portland Gardens, Cramlington, Northumberland NE23 2QD2

Local Rents

11 rents from £350/mo to £750/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£62507/240.02 mi-2
£62507/240.02 mi-2
£62507/240.02 miHartley Street, Seaton Delaval, Whitley Bay, NE252
£62506/240.09 miQueens Court, Seaton Delaval, Whitley Bay, Northumberland, NE25 0BR2
£47507/230.11 mi-2
£52509/240.11 mi-2
£75008/240.14 miPark View, Seaton Delaval, Whitley Bay2
£69506/240.2 mi-2
£35005/240.24 miElsdon Avenue, Whitley Bay2
£75006/240.5 miNewburgh Avenue, Seaton Delaval, Whitley Bay2
£70008/240.83 miLaurel Terrace, Holywell, Whitley Bay2

Local Area Statistics

Population in NE25

29,936

Population in Whitley Bay

49,103

Town centre distance

2.64 miles away

Nearest school

0.20 miles away

Nearest train station

2.60 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £94,950

February 25, 2025

Description

  • First Floor Flat +
  • Situated in centre of Seaton Delaval +
  • Close to good road links and New Train line +
  • Spacious Lounge +
  • Fitted Kitchen +
  • Multi purpose room +
  • Two bedrooms +
  • Bathroom with shower +
  • Private rear yard +
  • Viewing recommended +

Conveniently situated in the heart of Seaton Delaval is this well presented first floor flat, close to all local amenities, good road links for commuting and the new Northumberland train line for direct access to Newcastle.
The property comprises of Entrance hall with stairs to the first floor, Lounge to the rear, re-fitted kitchen with a good range of wall and floor units with gas hob and electric oven , door with stairs lead to rear yard. Bathroom with White suite comprising of panelled bath with shower over, wash hand basin and low level WC. There are two bedrooms plus a multi purpose room which would make an ideal nursery, study or hobby room.

Externally there is a yard to the rear, also benefiting from gas central heating and UPVC Double Glazing.

Entrance Hallway -

Stairs To First Floor -

Lounge - 3.66m x 3.78m (12'0 x 12'5) -

Kitchen - 2.97m x 2.16m (9'9 x 7'1) -

Rear Lobby -

Bathroom - 2.13m x 2.08m (7'0 x 6'10) -

Bedroom 1 - 3.02m x 3.20m (9'11 x 10'6) -

Bedroom 2 - 2.82m x2.29m (9'3 x7'6) -

Multi Purpose Room - 2.13m x 1.88m (7'0 x 6'2) -

Rear Yard -

Disclaimer - ML Estates Ltd endeavour to maintain accurate descriptions of properties in Virtual Tours, Brochures, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection. All rooms have been measured with electronic laser and are approximate measurements only. None of the services to the above property have been tested by ourselves, and we cannot guarantee that the installations described in the details are in perfect working order.
ML Estates for themselves, the vendors or lessors, produce these brochures in good faith and are a guideline only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press. Pictures may appear distorted due to enlargement and are not to be used to give an accurate reflection of size. All negotiations and payments are subject to contract.
The Tenure of the property should be clarified by your legal representative prior to exchange of contracts.

Agent Details

M L Estates Ltd, Seaton Delaval

0191 625 0966

Next Steps?

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