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North East
£150,000Guide Price
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: LOW
This two-bedroom detached bungalow offers a blank canvas for renovation enthusiasts looking to invest in a promising location. Though the property shows signs of neglect and is in need of significant updating, the asking price of £150,000 is notably below the local average of £226,088, presenting a potentially attractive opportunity for buyers willing to engage in refurbishment.
The property's dated condition extends to both the interior and exterior, including the garden area, which requires attention and creative improvement. The renovation range of £40,000 to £80,000 provides a clear scope for potential buyers to enhance the property's value while tailoring it to their personal style. With the right vision and effort, this bungalow can be transformed into a desirable home and an excellent investment in a sought-after area.
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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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