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North East
£80,000
Listed on 23/08/2026
Listed on 23/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house presents a unique opportunity for homebuyers and investors, particularly due to its generous layout and proximity to local amenities and Durham City. While the property is described as needing modernisation, the spacious rooms and an open-plan living and dining area could be transformed into a comfortable family home with some investment.
However, the asking price of £80,000 raises concerns given the lack of usable floor area information and the overall market conditions. With local average prices significantly higher, this property may not provide the best value unless the renovation costs are carefully managed. The absence of detailed condition reports on key areas like the kitchen and bathroom further complicates the economic viability of this opportunity, making it essential for potential buyers to conduct thorough due diligence before proceeding.
Despite the challenges, the layout and the potential for a low-maintenance garden offer a solid foundation for creating a desirable living space. First-time buyers or those looking for a project might find this property appealing, provided they are aware of the risks associated with the current asking price and the unknowns regarding renovation costs.
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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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