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North East
£120,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This semi-detached house presents a solid opportunity for first-time buyers or investors looking to make their mark. With an asking price of £120,000, it's positioned well below the local average sale price of £170,037, making it an attractive option for those looking to enter the property market. The property, set on a corner plot, boasts good accommodation throughout, although it does show signs of needing modernisation. The exterior and garden are dated and require attention, but these aspects provide a blank canvas for potential buyers to improve and personalise the space.
The property's location is a key highlight, being in close proximity to North Tees Hospital and local amenities, which enhances its appeal for both families and potential tenants. While the renovation task is light to typical, with a budget of £40,000 to £60,000 suggested, the opportunity to add value through updates is significant. This is a project that can yield rewarding results for those willing to invest some time and effort into revitalising the home.
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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