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North Parade, Whitley Bay NE26 - Image 1
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North Parade, Whitley Bay NE26

North East

£350,000
Listed on 18/03/2026

Property Details

Bedrooms
8
Type
Terraced

Description

This spacious mid-terrace property presents a noteworthy opportunity for renovation and investment. Currently organized with 9 bedrooms, including options for multiple en-suite facilities, the layout spans three floors, providing ample room for creativity and reconfiguration. Located mere moments from the picturesque Whitley Bay Beach, this home is well-positioned for transformation into a family residence or a multi-let rental property. The off-street parking adds to its appeal while the surrounding amenities and transport links enhance its desirability as an investment asset in this coastal region. This property is an excellent canvas for those looking to add value through thoughtful renovations.

Investment Analysis

(NE26 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE26)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +7.6%
5 year growth: +26.2%
Investment Disclaimer: Analysis based on NE26 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

North Parade, Whitley Bay NE26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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