12 St Margarets Court Whitley Road, Whitley Bay
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12 St Margarets Court Whitley Road, Whitley Bay

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We have confidence in this estimated current valuation Updated recently
£130,000
Or £845 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 14, 2018
£56,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 12 St Margarets Court Whitley Road, Whitley Bay, a cozy and compact flat type home with 2 bed in the NE26 2PL area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This modern and well-kept property was built 1996-2002 and has a reported internal area of 60 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £130,000 and a rental potential of £845 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 14, 2018. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" 50/50 SHARED OWNERSHIP SCHEME available with this SPACIOUS home that is IDEAL FOR FIRST TIME BUYERS as well as 'downsizers'. Located CONVENIENTLY for accessing LOCAL AMENITIES, the SEAFRONT and METRO it is an excellent opportunity with an EARLY VIEWING STRONGLY RECOMMENDED. Benefitting from gas central heating and double glazing the property is accessed via a security door intercom to the communal hallway to give peace of mind, secure living. The flat itself includes an entrance lobby, hallway, all-purpose living/dining room with adjoining kitchen, 2 bedrooms (one with en suite shower/WC) and a family bathroom/WC whilst externally there is both on-street and off-street parking readily available. The scheme itself is made up of a mortgage/cash to purchase PLUS rent arrangement and although there are certain qualifying conditions it does enable a cost effective means of getting onto and climbing the property ladder with an option to increase the percentage share. WE STRONGLY RECOMMEND AN EARLY VIEWING.

SHARED ENTRANCE LOBBY & HALLWAY PRIVATE ENTRANCE LOBBY Storage cupboard off and wood laminate style flooring. HALLWAY Radiator, wood laminate style flooring and airing cupboard off. LIVING ROOM 16'5 x 10'10 (5.00m x 3.30m) An excellent all purpose living, dining and entertaining area situated to the front of the building with two double radiators, wood laminate style flooring, double glazed bay window, door intercom phone and TV point. KITCHEN 10'4 x 5'10 (3.15m x 1.78m) With wall and floor units, work surfaces, wall and floor tiling, double radiator, stainless steel sink unit with drainer, gas cooker point, plumbing for washing machine and two double glazed windows for excellent natural light. REAR DOUBLE BEDROOM ONE 12'2 x 11'6 (3.71m x 3.51m) Double radiator, double glazed window (with fitted vertical blinds), full height triple mirror fronted wardrobing and telephone point. EN-SUITE SHOWER / WC Radiator, shower cubicle, pedestal wash basin, low level WC, extractor fan and double glazed window with fitted blinds. FRONT BEDROOM TWO 12'2 max x 9'3 (3.71m max x 2.82m) Radiator and double glazed window (with vertical blinds). BATHROOM / WC 7'11 max x 7'4 (2.41m max x 2.24m) Radiator, panelled bath, pedestal wash basin, low level WC, double glazed window (with fitted blinds) and tiled surrounds. EXTERNAL There are communal shrub gardens and there is on-street parking available and also to the rear of the building there is a large private car park for use of residents only. SHARED OWNERSHIP Shared ownership means you part buy, part rent your home. The smallest share you can initially buy is usually 25% and 75% is usually the maximum. You will need savings and/or a mortgage to pay for the share you want to buy, and you will pay monthly rent on the share you don't own.

For more information visit :
https://www.karbonhomes.co.uk/about-us/ AGENT'S NOTE In addition to any monthly mortgage payment by the applicant there is ?233.53 per month payable to Karbon Homes for rent, building insurance and admin. AGENT'S NOTE (2) There are certain conditions applying to purchasing this share of the property and consent must ultimately be aimed from Karbon Homes. Further details are available from the office. VIEWING APPOINTMENT TIME:

DAY/DATE:

VENDORS NAME: MORTGAGE ADVICE A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited. For a free initial consultation contact Darren on 0191 2510011.

**Your home may be repossessed if you do not keep up repayments on your mortgage** COUNCIL TAX BAND Search for your Council Tax band:

http://www.voa.gov.uk ?The contents of the property as portrayed by attached photographs are not specifically included as part of any sale.? ?As the sellers agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property, or issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. "

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £592 Try Mortgage Tracker
Energy £451 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Coquet Park First School
0.3mi
Marine Park First School
0.5mi
Whitley Lodge First School
0.5mi
Rockcliffe First School
1.2mi
Seaton Sluice First School
2.1mi
Nearby Stations
Cramlington Station
6.1mi
Brockley Whins Station
6.1mi
Fellgate Station
6.4mi
East Boldon Station
7.2mi
Heworth Station
7.7mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
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Air Conditioning
This could increase your home value by £7,000
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New Windows
This could increase your home value by £10,000

Cost improvements

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Suggestion: Switch energy provider
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Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 12 St Margarets Court Whitley Road, Whitley Bay worth?

    12 St Margarets Court Whitley Road, Whitley Bay is now worth £130,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 12 St Margarets Court Whitley Road, Whitley Bay - click click here to get a valuation with no strings attached.

  2. What is the rental value of 12 St Margarets Court Whitley Road, Whitley Bay?

    The current rental valuation for this property is £845 per month, within a price range of £761 and £930.

  3. How many bedrooms does 12 St Margarets Court Whitley Road, Whitley Bay have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 12 St Margarets Court Whitley Road, Whitley Bay?

    Nearby schools in include Coquet Park First School, Marine Park First School, Whitley Lodge First School, Rockcliffe First School, Seaton Sluice First School

    Nearby stations in include Cramlington Station, Brockley Whins Station, Fellgate Station, East Boldon Station, Heworth Station.

  5. What type of property is 12 St Margarets Court Whitley Road, Whitley Bay

    This is a Flat property. There are 19 other Flat properties on WHITLEY ROAD, and 32 in total.

  6. When was 12 St Margarets Court Whitley Road, Whitley Bay built? How old is 12 St Margarets Court Whitley Road, Whitley Bay?

    12 St Margarets Court Whitley Road, Whitley Bay was was built between 1996-2002.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Newcastle Upon Tyne, Tyne And Wear Newcastle Upon Tyne, Northumberland Blaydon-on-tyne, Tyne And Wear Bedlington, Northumberland Cramlington, Northumberland Blyth, Northumberland Whitley Bay, Northumberland Whitley Bay, Tyne And Wear Wallsend, Tyne And Wear North Shields, Tyne And Wear