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London
£389,950
Listed on 09/09/2026
Listed on 09/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious three-bedroom mid-terrace house on Gateshead Road presents an attractive opportunity for renovation enthusiasts. Priced at £389,950, it boasts a competitive £437 per square foot, significantly lower than the local average of £518 per square foot. This pricing advantage offers a great chance to acquire a property with potential for growth, especially given the spacious layout that's ideal for families.
While the interiors show visible signs of wear and dated decor throughout, the good condition of the exterior and the modern fitted kitchen add to the charm of this home. With a renovation range of £40,000 to £80,000, there is ample scope to enhance the property, making it a worthwhile project for those looking to add value. The potential damp issues noted in some areas should be monitored, but overall, this property stands out as a solid opportunity in a good location with room for improvement.
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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