Shared ownership

1/27

Shared ownership

1/27

1 bed flat for sale Coquet Avenue, Whitley Bay, NE26

Shared Ownership

£192,500

Added on 01/10/2026

50% share · about £385,000 full valueRetirement home

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £372 per sq ft
Tenure: Leasehold; 995 years left(from the agent's description)

Service charge £9,290 a yearNo ground rent (peppercorn) EPC B 82

* From the agent's description. Check it with them before you rely on it.

Key features

First floor apartment with Juliette balcony
75% shared ownership
Estate Manager / 24 hour on site staffing
Waitress service restaurant
Domestic assistance (1hr per week included in service charge)
Extra care packages available by arrangement
Homeowners communal lounge
Guest suite, Laundry room and Mobility scooter store
Energy efficient
Part exchange scheme available

About this property

What is Shared Ownership?

With Shared Ownership you can have the lifestyle you’ve dreamed of without paying the full price. If you buy a 50% share, you pay rent on the remaining 50% of your property. If you buy a 75% share you can enjoy the property rent free. Who wouldn’t want 25% off?

The Shared Ownership scheme is run in conjunction with Homes England, our government approved partner.

Floorplan

Energy performance

B 82

Current

Potential

92+

81-91

82 B

69-80

55-68

39-54

21-38

1-20

This home is rated band B, scoring 82 out of 100. The average British home is band D.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Council tax

Ask agent

Per year

Band A

£1,641
Band B

£1,915
Band C

£2,188
Band D

£2,462
Band E

£3,009
Band F

£3,556
Band G

£4,103
Band H

£4,924

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In North Tyneside, 2026/27 bills run from £1,641 a year in band A to £4,924 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across North Tyneside, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Coquet Avenue, Whitley Bay, NE26

Open map Street View

Part of a development

This home is in Elderton Place. See the scheme's facilities, developer and other homes there.

Elderton Place

McCarthy Stone · Whitley Bay

View development

Mortgage and stamp duty

Property price £192,500

£96k £289k

Deposit10% £19,000

£0 £193k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £173,500 mortgage. Most lenders would want a household income of about £39,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
8, Elderton Place Flat / maisonette	Flat / maisonette	Aug 2025	764 sq ft £445/sq ft	764 sq ft	£445	£340,000
54, Elderton Place Flat / maisonette	Flat / maisonette	Mar 2025	797 sq ft £477/sq ft	797 sq ft	£477	£379,950
27, Elderton Place Flat / maisonette	Flat / maisonette	Mar 2025	764 sq ft £379/sq ft	764 sq ft	£379	£289,999
6, Elderton Place Flat / maisonette	Flat / maisonette	Nov 2024	517 sq ft £444/sq ft	517 sq ft	£444	£229,500
30, Elderton Place Flat / maisonette	Flat / maisonette	Sept 2024	764 sq ft £471/sq ft	764 sq ft	£471	£360,000
32, Elderton Place Flat / maisonette	Flat / maisonette	Sept 2024	1,023 sq ft £372/sq ft	1,023 sq ft	£372	£379,995
39, Elderton Place Flat / maisonette	Flat / maisonette	Jun 2024	517 sq ft £508/sq ft	517 sq ft	£508	£262,500
52, Elderton Place Flat / maisonette	Flat / maisonette	May 2024	517 sq ft £508/sq ft	517 sq ft	£508	£262,699