# 2 bedroom flat for sale (NE28 9YR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 105 EXETER ROAD, WALLSEND, TYNE AND WEAR NE28 9YR |
| Price | £90,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £90,250 Jan 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 05/06/2032
- **Current heating cost:** £531/year
- **Est. upgrade cost to C:** £2,543

### Recommendations
- B (£500 - £1,500)
- C (£15 - £30)
- E (£20)
- L2 (£1,200 - £1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8032-6026-5100-0376-7202)

## Description

Pattinson Estate Agents are pleased to offer this two bedroom upper flat for sale.

Located on Exeter Road the property is ideally placed close to a range of local amenities such as shops, restaurants, libraries and schools.

Briefly comprising, stairs leading to first floor, hallway, lounge, kitchen two bedrooms and a bathroom. Externally the property benefits from a large front yard and a detached garage. 

Please contact our Wallsend branch now to arrange a viewing:   or via email   

Council Tax Band: A

Tenure: Leasehold

Length Of Lease: 138

## Property Photos

- ![Photo](/listings/photos/167346596/1064711)
- ![Photo](/listings/photos/167346596/1064712)
- ![Photo](/listings/photos/167346596/1064713)
- ![Photo](/listings/photos/167346596/1064714)
- ![Photo](/listings/photos/167346596/1064715)
- ![Photo](/listings/photos/167346596/1064716)
- ![Photo](/listings/photos/167346596/1064717)
- ![Photo](/listings/photos/167346596/1064718)
- ![Photo](/listings/photos/167346596/1064719)

## Floorplans

- ![Floor Plan](/listings/photos/167346596/1064720) - Floor Plan

## EPC Graphs

- ![EPC](/listings/photos/167346596/1064721) - EPC

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #11275450
- **Address:** 105 Exeter Road, WALLSEND, NE28 9YR
- **Certificate Issued:** 26/10/2015
- **Work Completed:** 17/09/2015
- **Items:** 1 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 105 EXETER ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9YR | £90,250 | 30/01/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 MACKLEY COURT, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9FD | £135,000 | 24/11/2025 | Flat |
| 13 HARDY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HF | £88,000 | 24/11/2025 | Flat |
| 91 SUNHOLME DRIVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9YW | £57,000 | 08/12/2023 | Flat |
| 23 SWALEDALE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8TR | £68,500 | 29/11/2023 | Flat |
| 15 FARNDALE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8TH | £104,000 | 22/09/2023 | Flat |
| 24 WHARFEDALE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8TP | £89,000 | 03/05/2023 | Flat |
| 64 SUNHOLME DRIVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9YW | £99,950 | 18/11/2022 | Flat |
| 60 SYDNEY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HD | £65,000 | 30/09/2022 | Flat |
| 60 EXETER ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HQ | £88,000 | 20/09/2022 | Flat |
| 60 HARDY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HF | £69,000 | 02/09/2022 | Flat |
| 68 SUNHOLME DRIVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9YW | £92,000 | 11/08/2022 | Flat |
| 14 COVERDALE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8TJ | £88,000 | 22/07/2022 | Flat |
| 44 SYDNEY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HD | £84,950 | 08/07/2022 | Flat |
| 34 SYDNEY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HD | £86,000 | 16/06/2022 | Flat |
| 58 HARDY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HF | £88,000 | 01/06/2022 | Flat |
| 14 MULLEN GARDENS, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9EZ | £75,000 | 19/05/2022 | Flat |
| 46 EXETER ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HQ | £90,150 | 09/05/2022 | Flat |
| 19 HARDY GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9HF | £68,000 | 21/04/2022 | Flat |
| 3 MACKLEY COURT, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9FD | £118,950 | 14/03/2022 | Flat |
| 3 MACKLEY COURT, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9FD | £123,000 | 14/03/2022 | Flat |

**Area average:** £88,875 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £79,998 (41 Flat, NE28, 2024–2026)
- **Deviation:** +12.5%

## Rental Range

*ONS Price Index of Private Rents (North Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £754/mo
- **Realistic:** £838/mo
- **Optimistic:** £922/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, The Beeches, NE12 | £850/mo | 2 | 0.88 miles | OpenRent |
| 2 Bed Flat, Wills Oval Building, NE7 | £900/mo | 2 | 1 miles | OpenRent |
| 2 Bed Flat, David Street, NE28 | £825/mo | 2 | 1.12 miles | OpenRent |
| 2 Bed Flat, Manor Walk, NE7 | £900/mo | 2 | 1.22 miles | OpenRent |

**Average rent: £869/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.97% (okay)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £875/mo).*

- **Gross yield:** 11.7%
- **Cost-to-rent:** 8.6×
- **Monthly cashflow:** £408/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,667/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0.7%
- **10y growth:** 19.2%

## House Price Index (HM Land Registry)

*Official index for North Tyneside; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 8.8%
- **10y growth (index):** 26.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)