
North East
£182,950
Listed on 20/10/2026
Listed on 20/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £182,950, this detached three-bedroom house is priced at about £143/sq ft, around 40% below the local average—a compelling entry point for a project. The dated finishes across several rooms, worn flooring and tired pine kitchen give scope to refresh the interiors, while the wet room appears more serviceable and there is no obvious major roof failure in the available exterior views.
The multiple living spaces and side garage/workshop with power and lighting add useful flexibility. The enclosed paved courtyard could also be improved. The renovation range is £32,000–£58,000, so it is worth planning the work and budget carefully; the calculated £227,950 midpoint purchase-plus-renovation figure is below the implied local average, but is not a GDV or a complete cost-to-buy figure.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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