
North East
£230,000
Listed on 18/07/2026
Listed on 18/07/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached village house offers a substantial canvas: three reception rooms, three double bedrooms, gardens on three sides and countryside views. The established grounds and generally maintained exterior give the project a solid starting point, while the dated finishes, worn floors and tired kitchen and utility area leave plenty of scope to reshape the interior; the four-piece bathroom is present but ready for a refresh. The stated works range is £35,000–£65,000.
The asking price is £171/sq ft, around 3.5% above the local average, so price is not a particular advantage. More importantly, the £230,000 asking price plus the works range puts the purchase-and-renovation spend at roughly £265,000–£295,000, stretched against the local benchmark of about £222,000 for this floor area. That benchmark is not a forecast of the value after renovation, but the figures make the project’s economics a clear concern. The suggested parking area opposite also needs its access and permissions checked.
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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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