
North East
£150,000
Listed on 22/08/2026
Listed on 22/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow offers a manageable modernisation project, with scope to update the dated decoration, flooring and fittings and refresh the established garden. The lounge, sun room, driveway, garage and enclosed rear garden give it useful appeal, and the rooms shown look generally intact, with no obvious major structural failure or widespread staining in the photographs.
The main obstacle is the price: at £150,000, the asking figure is above the local £/sqf benchmark. Adding the £10,000–£22,000 refurb range also leaves the purchase-plus-works cost stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. Overall, the location and practical features provide a project canvas, but the asking price and weak renovation economics make this a low-opportunity proposition at the current 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.
Pricing
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