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North East
£190,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This five-bedroom semi-detached house is presented as a substantial project, offered at a guide price of £190,000, which is notably lower than the local average sale price of £385,973. This opens up a moderate opportunity for those looking to invest in renovation. The spacious layout allows for customisation, making it ideal for developers or buyers ready to put their own stamp on the property. The current condition requires extensive refurbishment, with significant works including plastering, second-fix electrics and plumbing, and landscaping necessary to transform this house into a desirable family home.
The property's potential lies in its generous living spaces and the opportunity to create a modern kitchen and bathrooms tailored to personal tastes. However, it's important to note the scale of the project; the interiors are stripped and will require a comprehensive budget of £100,000 to £200,000 to reach completion. This is not a simple refresh, and while the asking price is cheap compared to local values, interested buyers should be prepared for a significant renovation journey.
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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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