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North East
£160,000
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 semi-detached house in Easington presents a good opportunity for a first-time buyer or anyone looking for a manageable project. While the interior is notably dated and in need of modernization, it offers a solid foundation to create a lovely contemporary home. The generous open-plan living and dining room, along with functional but outdated kitchen and bathroom fittings, provide ample scope for updating to suit personal tastes.
The garden is a standout feature, larger and more private than expected, enhanced by pleasant countryside views, making it ideal for outdoor activities and entertaining. However, the asking price of £160,000, at £232/sqf, is significantly above the local average of £177/sqf, which raises concerns about overall value. When considering the renovation costs estimated between £40,000 and £80,000, the all-in costs could stretch the investment compared to local benchmarks for this floor area, potentially impacting financial returns.
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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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