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North East
£65,000
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: MEDIUM
This two-bedroom terraced house presents a fantastic opportunity for buyers looking to acquire a property at a significantly lower price point than the local market average. With an asking price of £65,000, which equates to just £69 per square foot, this listing is over 55% below the local average of £153 per square foot, making it an attractive option for first-time buyers or investors looking to create value through renovation.
While the interior is dated and in need of modernization, the property boasts two reception rooms, providing flexibility for various living arrangements. The good condition of the fitted kitchen and modern shower room adds to the property's appeal, offering functional spaces that can be retained while updating the rest of the home. With a renovation range of £40,000 to £80,000, prospective buyers have the chance to transform this blank canvas into a comfortable and stylish residence, capitalizing on the strong economics and low-risk profile of this investment.
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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