Crest Way, Blyth, NE24 3BW

Property Overview

Crest Way, Blyth, NE24 3BW

Three-bedroom freehold end-terrace house in a seafront setting with uninterrupted coastal views, private rear and side gardens, two off-street parking spaces and a private balcony. The property has an EPC rating of B and Council Tax Band C.

Accommodation

• Entrance porch and entrance hallway
• Downstairs cloakroom/W.C.
• Three bedrooms, including a ground-floor room currently utilised as a lounge and home office
• Kitchen diner with integrated appliances and garden access
• Family bathroom and en suite
• Top-floor lounge with roof terrace/private balcony
• Low-maintenance rear garden and off-street parking

Location

The property is positioned in a seafront setting, with uninterrupted coastal views, the shoreline moments away and Ridley Park on the doorstep.

Tenure & Key Information

• Tenure: Freehold
• Site fee: £200pa
• EPC: B
• Council Tax: Band C
• Parking: Two off-street parking spaces
• Services: The seller advises that mains gas, electricity, water and sewerage are provided
• Occupancy information: Not supplied

Auction & Buyer Charges

• Guide Price: £230,000+
• Auction date: 30 September 2026
• Administration charge: £2,400 including VAT. The Option 2 terms state £2,400 + VAT, while Disclaimer 2 states a £2,000 + VAT Auction Administration Fee, totalling £2,400.
• Option 2 deposit: £3,000, which comes off the purchase price
• Buyer premium: Not stated

Investment Analysis

HB estimates: The estimated GDV is £222,489, based on the calculated average of the five supplied Crest Way sales. This is an estimate, not a formal valuation. The £230,000+ guide is above the calculated comparable-sales average and median.

At the supplied £850 pcm advertised asking rent, the HB estimated gross yield is 4.58% before costs. This is an estimate and the figure is not an achieved or passing rent. No refurbishment allowance or maximum bid has been estimated.

Sold Comparables

Supplied HM Land Registry sold data:

Property	Sale price	Sale date	Type	Tenure
34 Crest Way, Blyth, NE24 3BW	£179,995	2025-09-11	Terraced	Freehold
12 Crest Way, Blyth, NE24 3BW	£222,500	2025-01-24	Terraced	Freehold
23 Crest Way, Blyth, NE24 3BW	£220,000	2024-10-18	Terraced	Freehold
13 Crest Way, Blyth, NE24 3BW	£234,950	2024-08-12	Terraced	Freehold
14 Crest Way, Blyth, NE24 3BW	£255,000	2024-06-28	Terraced	Freehold

The supplied sales range from £179,995 to £255,000, with a calculated average of £222,489 and median of £222,500. The comparables are not described in sufficient detail to adjust for condition, size or specification.

Rental Evidence

Supplied advertised rental evidence indicates an asking rent of £850 pcm for a three-bedroom house, end terrace. This is an advertised asking rent, not achieved or passing rent. No auctioneer estimated rent was supplied.

Strategy & Risks

• Treat £222,489 as the HB GDV estimate and do not assume that the £230,000+ guide represents value.
• Verify condition, occupancy, site-fee terms and all auction charges before bidding.
• Refurbishment costs cannot be estimated from the supplied evidence.
• The comparable properties are not sufficiently detailed to adjust for condition, size or specification.
• The £200pa site fee applies.
• Allow for the £2,400 administration charge including VAT; no buyer premium is supplied.
• The £850 pcm rental figure is advertised asking rent and not achieved or passing rent.