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North East
£80,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This spacious three-bedroom link-detached property presents a fantastic opportunity for buyers looking to invest in a project. While the asking price of £80,000 is significantly below the local average of £269,332, making it an attractive entry point, the property does require substantial refurbishment and modernisation. General wear is visible throughout, with dated decor and worn carpets in the living areas, as well as a kitchen and bathroom that need updating. However, the generous living accommodation, including two reception rooms and a good-sized enclosed rear garden, offers a solid foundation for a buyer's vision.
Potential buyers should consider the renovation range of £40,000 to £80,000 to bring this home up to modern standards. The absence of specific floor area data limits a complete analysis of the value, but the overall opportunity remains promising due to the low entry price relative to local market conditions. Remember, while the guide price is appealing, competitive bidding could push the final sale price higher, so act accordingly if this property piques your interest.
None recorded.
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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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