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7 Gray Square, Wingate, County Durham TS28 5BX - Image 1
7 Gray Square, Wingate, County Durham TS28 5BX - Image 2
7 Gray Square, Wingate, County Durham TS28 5BX - Image 3
7 Gray Square, Wingate, County Durham TS28 5BX - Image 4
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7 Gray Square, Wingate, County Durham TS28 5BX

North East

£45,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house, located on a desirable corner plot in a well-established residential area, presents considerable renovation potential for astute investors or future homeowners. Currently tenanted with no available tenancy agreement and limited internal access, the property is being sold on an 'as seen' basis by receivers. The layout includes a welcoming entrance hall, a living room, and a kitchen on the ground floor, with three bedrooms and a bathroom upstairs. Notably, there's an attached single-storey extension that could enhance living space. With gardens at the front, side, and rear, this property offers an outdoor benefit that can be further developed. Given its condition and current occupancy status, it's crucial for buyers to consider their plans for refurbishment and to ascertain necessary consents to unlock its full value. This is an opportunity ripe for those looking to invest in a property with long-term potential.

Investment Analysis

(TS28 area)
Area Average
£180/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TS28)

Area prices are rising by +12.6% over the last 12 months
3 year growth: +11.5%
5 year growth: +24.9%
Investment Disclaimer: Analysis based on TS28 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

7 Gray Square, Wingate, County Durham TS28 5BX
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£162
Based on a loan of £33,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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