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North East
£220,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This charming stone-built former farm cottage presents a solid opportunity for those looking to invest in a characterful home in a desirable Northumberland coastal location. With an asking price of £220,000, the property comes in at £224/sqf, which is below the local average of £254/sqf, making it an attractive proposition for buyers seeking value in the market. The spacious living room boasts an impressive inglenook fireplace, offering a warm and inviting heart to the home, while the generous garden and traditional stone outbuilding add to the appeal.
However, the interiors throughout are notably dated and will require refurbishment. The kitchen and bathroom fittings currently lack modernity but provide ample scope for upgrades that can significantly enhance the property's value. With the right vision and investment, this home can be transformed into a delightful retreat, capitalizing on its peaceful countryside setting and proximity to the stunning coastline and local amenities. The overall project scale is medium, allowing for manageable improvements that can yield rewarding results.
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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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