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North East
£85,000
Listed on 24/08/2026
Listed on 24/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom semi-detached house presents a modest opportunity for those considering their first home or an investment. Priced at £85,000, it falls below the local average price per square foot, which may initially appear attractive. However, the overall economics of this property remain uncertain due to insufficient data on renovation costs and potential post-renovation value, which significantly impacts its appeal as an investment.
While the property features straightforward accommodation with a garage—a rare find for this type—it does require updating and modernisation. The layout includes a lounge, kitchen/dining room, and two bedrooms, offering a functional space. The newly installed boiler adds a slight edge, ensuring a level of comfort for future occupants. Nevertheless, prospective buyers should weigh the renovation costs carefully against the local market dynamics, as the potential rental yield, though promising, may not fully compensate for the investment needed to bring this property up to standard.
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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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