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North East
£65,000
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 two-bedroom terraced home in Workington presents a promising opportunity for those looking to invest in a property with significant potential. Priced at £65,000, the asking price is exceptionally low at £79/sqf compared to the local average of £153/sqf, making it an attractive entry point for first-time buyers, couples, or investors. The property features spacious rooms and a versatile layout, with two separate reception areas that can be tailored to your needs, whether as a lounge and dining room or even a home office. The interior shows general signs of wear and is in need of updating, providing a blank canvas for personalisation and improvement.
The kitchen will require replacement, offering a unique chance for a buyer to redesign it to their taste. Both bedrooms are generously sized, ensuring ample space for furnishings. While the bathroom is functional, it also presents an opportunity for modernisation. With renovation costs estimated between £40,000 and £80,000, this property allows for significant value addition. While the project scale is light, potential buyers should be prepared for the overall renovation required to bring the home up to contemporary standards. Overall, this property is a solid investment for those willing to undertake a refreshing transformation.
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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