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North East
£250,000
Listed on 11/09/2026
Listed on 11/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom mid-terraced home presents a canvas for renovation, boasting period character and a good location near Low Fell's vibrant high street. While the asking price of £250,000 translates to £213/sqf, which is slightly above the local average of £208/sqf, it is still within a reasonable range for the area. However, the combined costs of the purchase and projected renovation range of £40,000 to £80,000 push the all-in expenditure to approximately £310,000, which may be high compared to local benchmarks for similar properties.
The property shows general wear and tear throughout, with dated features in the living spaces, kitchen, and bathroom. Despite the current condition potentially deterring some buyers, there is good potential for value increase post-renovation, especially as similar homes in the area achieve higher sale prices once updated. The exterior and roof are in good condition, providing a solid foundation for the refurbishment project ahead.
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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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