Grenville Way, Whitley Bay
EM

Grenville Way, Whitley Bay

By Embleys Estate Agents

£ 245,000

Reviews

3 out of 5 stars

Embleys Estate Agents says ..

***PLEASE NOTE THAT THIS PROPERTY BENEFITS FROM FOUR INTEGRAL GARAGES **** This lovely and rare to the market, first floor apartment is perfectly located in a much sought after residential area. It boasts a wealth of modern features, offers fantastic investment potential and is ideal for...

Property Oracle says ..

This property is a 2-bedroom apartment located in Whitley Bay, Tyne and Wear. The apartment is situated on Grenville Way, within close proximity to several highly-rated schools including Whitley Bay High School (Outstanding Ofsted rating) and Southridge First School (Outstanding Ofsted rating). While specific transportation links are not detailed, the location benefits from being in Whitley Bay, offering access to local amenities and services. The property itself is a 2-bedroom, 1-bathroom apartment with a total area of 1,753.37 sqft. The images reveal a property that appears generally well-maintained, though some aspects may require updating to meet modern standards. The kitchen and bathroom seem relatively modern, while the bedrooms show some older furnishings. The list price of £245,000 is significantly lower than the average house price in the area (£520,205), and the property is substantially larger than the average property size (1,002 sqft). However, direct comparison is difficult due to the lack of sqft data for nearby properties. Considering the location, condition, and size, the price may represent good value, but a thorough in-person inspection would be recommended to assess the overall condition and potential maintenance needs more accurately.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
7
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
1,753.37
Lot (est)
1,740.12

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
524,714.00 £
Increased by 15.54 %
from 454,148.00 £
Est sale value
1,081,829.29 £
Increased by 48.67 %
from 727,648.55 £
Average area rental value
1,989.00 £/mo
Increased by 4.74 %
from 1,899.00 £/mo
Est letting value
3,506.74 £/mo
Increased by 100.00 %
from 1,753.37 £/mo
Est rental Yield
4.55 %
Decreased by 9.36 %
from 5.02 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Embleys Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Whitley Bay High SchoolFoundation SchoolOutstanding0.44 KM
Southridge First SchoolCommunity SchoolOutstanding0.49 KM
Whitley Lodge First SchoolCommunity SchoolGood0.52 KM
Valley Gardens Middle SchoolFoundation SchoolOutstanding0.61 KM
Coquet Park First SchoolCommunity SchoolOutstanding1.35 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Martin's Way £ 620,00000.00 KM
East Avenue £ 000.00 KM
Gleneagles £ 150,00000.00 KM
St Mary's Avenue £ 598,33300.00 KM
Gladstone Avenue £ 365,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grenville Way, Whitley Bay £ 245,000BUY6 / 100.00 KM
Woodburn Drive, Whitley Bay, Tyne & Wear, NE26 3HX £ 400,000BUY6 / 100.09 KM
Woodburn Drive, Whitley Bay, NE26 £ 525,000BUY8 / 100.13 KM
Willoughby Drive, Whitley Lodge, Whitley Bay, NE26 3DY £ 435,000BUY7 / 100.14 KM
Willoughby Drive, Whitley Bay £ 450,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
33 Grenville Way £ 249,5000.01 KM
43 Grenville Way £ 220,0000.01 KM
45 Grenville Way £ 197,0000.01 KM
6 Grenville Way £ 225,0000.01 KM
29 Grenville Way £ 208,0000.01 KM