2 Bed Flat, Single Let, Whitley Bay, NE26 2PJ, £160,000

Eskdale Terrace, Cullercoats, Tyne and Wear, NE26 2PJ - 1 views - a month ago

Under Offer
Leasehold
BTL
ROI: 2%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£79.5K - £305K
Sold Prices/m²£1.1K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£153,070

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£700 - £1,400

Rent Estimate

£740

Running Costs/mo

£668

Cashflow/mo

£72

Cashflow/yr

£864

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £79.5K to £305K, average is £151K. £1.1K/m² to £4.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£152K03/210.01 mi35, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£190K08/230.01 mi49, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£150K12/200.01 mi29, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£173K03/210.01 mi23, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ2
£165K04/210.02 mi19, Naters Street, Whitley Bay, Tyne And Wear NE26 2PG2
£176K01/230.07 mi72, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PQ2
£186.5K02/230.09 mi25, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PH2
£145K12/220.09 mi126, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£180.8K10/200.11 mi25, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£173.8K11/230.11 mi39a, John Street, Cullercoats, North Shields, Tyne And Wear NE30 4PJ2
£220K01/230.11 mi10, Grafton Road, Whitley Bay, Tyne And Wear NE26 2NR2
£155K10/210.12 mi28, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£170.5K07/230.12 mi20, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£150K06/230.12 mi14, Marden Crescent, Whitley Bay, Tyne And Wear NE26 2EE2
£155.1K09/220.12 mi6, Dove Court, North Shields, Tyne And Wear NE30 4QN2
£155K08/230.13 mi4, Braeside Terrace, Whitley Bay, Tyne And Wear NE26 2EF2
£279K09/220.14 mi27, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£185K02/230.15 mi31, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£305K10/200.15 mi13, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£232.5K06/210.15 mi3, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£150K05/210.15 mi9, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£295K05/210.15 mi29, Winslow Court, Cullercoats, North Shields, Tyne And Wear NE30 4AE2
£113K05/230.16 miSecond Floor Flat, 30, Whitley Road, Whitley Bay, Tyne And Wear NE26 2NF2
£185K12/220.17 mi6, Station Road, Cullercoats, North Shields, Tyne And Wear NE30 4PQ2
£118K05/210.21 mi2a, Devonshire Terrace, Whitley Bay, Tyne And Wear NE26 2EJ2
£140K12/220.23 mi9a, Stanley Crescent, Whitley Bay, Tyne And Wear NE26 2EB2
£165K02/210.25 mi7, Marden Avenue, North Shields, Tyne And Wear NE30 4PB2
£196K01/230.25 mi7, Marden Avenue, North Shields, Tyne And Wear NE30 4PB2
£90K06/240.28 mi113b, Whitley Road, Whitley Bay, Tyne And Wear NE26 2ET2
£90K07/230.29 mi16, Cheviot View, Whitley Bay, Tyne And Wear NE26 2BE2
£115.5K02/230.32 mi7a, Algernon Place, Whitley Bay, Tyne And Wear NE26 2DT2
£132.5K08/230.42 mi6a, Esplanade, Whitley Bay, Tyne And Wear NE26 2AG2
£115K03/210.49 mi33, Victoria Terrace, Whitley Bay, Tyne And Wear NE26 2QN2
£127.5K10/200.49 mi75, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£127K04/230.49 mi25, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£131.5K02/210.49 mi59, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£120K11/200.5 mi30, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JF2
£122.5K02/210.5 mi36, Clifton Terrace, Whitley Bay, Tyne And Wear NE26 2JD2
£127.5K10/200.52 mi73, Jesmond Terrace, Whitley Bay, Tyne And Wear NE26 2JE2
£160K08/230.52 mi10, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£155K12/230.52 mi1, Southleigh, Whitley Bay, Tyne And Wear NE26 2AQ2
£82.5K08/240.56 mi15b, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£130K09/220.56 mi19c, North Parade, Whitley Bay, Tyne And Wear NE26 1NU2
£135K11/200.61 mi4, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£138K02/230.61 mi19, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB2
£144K03/230.67 mi104, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£129.9K11/200.67 mi82, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£173K09/230.67 mi96, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2
£79.5K03/210.69 mi18, Whittingham Close, North Shields, Tyne And Wear NE30 3TJ2
£153K12/200.69 mi102, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BA2

Local Rents

28 rents from £700/mo to £1.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79508/240.08 mi-2
£79506/240.08 mi-2
£90008/240.18 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£85005/240.25 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£82508/240.27 mi-2
£77003/250.28 mi-2
£97505/240.34 miLinks Road, North Shields2
£1,10007/240.36 miBeverley Terrace, Cullercoats2
£74008/240.43 mi-2
£74007/240.43 miMarden Road South, Whitley Bay, NE252
£95006/240.45 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75006/240.47 miVictoria Mews2
£82507/240.47 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£75005/240.47 miEsplanade, Whitley Bay. NE26 2AL2
£85005/240.5 miFarringdon Road, Marden Estate, North Shields2
£85005/240.5 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£70006/240.5 miClifton Terrace, Whitley Bay2
£1,10005/240.5 miMontague Apartments, Whitley Bay2
£1,40005/240.5 miMontague Apartments, Whitley Bay2
£1,15006/240.5 miMontague Apartments, Whitley Bay2
£99512/230.51 mi-2
£1,15006/240.52 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.52 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£80011/230.52 mi-2
£75012/240.52 miSouth Parade, Whitley Bay2
£80007/240.56 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£89506/240.57 miSouth Parade, Whitley Bay2
£85007/240.58 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2

Local Area Statistics

Population in NE26

19,169

Population in Whitley Bay

49,103

Town centre distance

1.68 miles away

Nearest school

0.20 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 £160,000

February 27, 2025

Floor Plans

Description

WELL SITUATED 2 BEDROOMED GROUND FLOOR FLAT. uPVC double glazing, gas central heating (combi. boiler), shower room & rear yard measuring 36ft long (10.97m).

On the ground floor only: Hall, Lounge, inner Hall, 2 Bedrooms, Kitchen, Shower room. Externally: Yard at rear measuring 36ft long (10.97m).

Eskdale Terrace is a popular residential street located in the seaside village of Cullercoats which sits between Whitley Bay & Tynemouth, convenient for local amenities including Cullercoats Metro Station restaurants, bars, & independent shops. This property is a stone's throw from the sea front including Cullercoats Harbour and is within walking distance of Whitley Bay Town Centre.

ON THE GROUND FLOOR:

HALL  radiator.

LOUNGE  18' 0" (5.49m) including uPVC double glazed bay window x 13' 11" (4.24m) fireplace & double-banked radiator.

INNER HALL

2 BEDROOMS

No. 1 9' 5" x 10' 4" (2.87m x 3.15m) radiator & uPVC double glazed window.

No. 2 7' 0" x 13' 9" (2.13m x 4.19m) plus fitted cupboard, radiator & uPVC double glazed window.

KITCHEN  10' 10" x 13' 4" (3.30m x 4.06m) stainless steel sink, double-banked radiator, 'Worcester' combi. boiler & uPVC double glazed door to rear yard.

SHOWER ROOM tiled floor & walls, shower cubicle, pedestal washbasin, low level WC, double-banked radiator & uPVC double glazed window.

EXTERNALLY:

REAR YARD ON 2 LEVELS  36ft long (10.97m) roll-over door & tap for hosepipe.

TENURE:  Leasehold 999 years from 01.11.1985  Peppercorn Ground Rent.

Council Tax Band: A

Agent Details

J.G Sawyers & Sons, WHITLEY BAY

0191 625 0110

Next Steps?

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