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The Leas, Whitley Bay, Tyne and Wear, NE25 9NB - Image 10

The Leas, Whitley Bay, Tyne and Wear, NE25 9NB

North East

£130,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This two-bedroom terraced house offers a promising canvas for renovation enthusiasts and investors aiming to enhance its value. Nestled in the desirable area of Whitley Bay, this property combines traditional charm with ample living space, making it an ideal project for those looking to tailor a home to their own tastes. Entering through a welcoming hallway, you will find two spacious reception rooms that lend themselves well to flexible living arrangements. The kitchen, while functional, presents a clear opportunity for modernization that could significantly improve the overall layout and appeal. The first floor features two generously sized bedrooms filled with natural light, accompanied by a family bathroom that is in need of updating. Each room has potential for changes that can elevate both comfort and style. Outdoors, the property boasts a sizeable rear garden along with an additional garden section, effectively doubling your outdoor space. This area could be transformed into an inviting landscape or expanded upon with permissions if desired. The location offers convenient access to local amenities, reputable schools, and excellent transport options. Plus, being close to the coastline adds to its desirability as both a future home or rental investment. This property is sold via online auction and is perfect for buyers eager to embark on a renovation journey.

Investment Analysis

(NE25 area)
Area Average
£268/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NE25)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +25.9%
5 year growth: +23.5%
Investment Disclaimer: Analysis based on NE25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Leas, Whitley Bay, Tyne and Wear, NE25 9NB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£464
Based on a loan of £97,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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