
Sign InSign Up



North East
£50,000Guide Price
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 terraced house offers a significant renovation opportunity, with a guide price of £50,000 well below the local average of £81,955. Although the property requires extensive refurbishment, including work in the living areas, bedrooms, and kitchen, the potential for a high rental yield in a location close to Teesside University and local amenities adds appeal. The exterior shows signs of wear and peeling paint, while the garden is currently neglected, presenting a blank canvas for someone to revamp the outdoor space.
Given the scale of the project, expect a renovation budget of £50,000 to £100,000 to transform this house into a functional home. With the interiors stripped and significant damage throughout, this is not a cosmetic refresh but rather a full-gut programme. However, this level of work allows for creative redesigns and the chance to enhance the property's character and layout to match modern preferences.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
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.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.