
North East
£145,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £145,000, this three-bedroom terrace is priced attractively at £168/sq ft, around 19% below the local average—a useful entry point for a buyer looking to add value. There’s a clear medium-scale project here: update the dated kitchen and bathroom, refresh the worn finishes and flooring, and reclaim the overgrown rear garden. The separate living and dining areas, garage and additional parking give the house some appealing practical features, while the available views show no obvious major roof or structural failure.
The main caution is the arithmetic: purchase plus the £30,000–£55,000 renovation range looks tight against local benchmarks, with the midpoint all-in cost already above the implied local average. The below-average asking price is a genuine positive, but the finished result and final spend will matter to the investment case.
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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