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North East
£30,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom flat presents a unique opportunity for investors looking for an affordable entry point into the market, with an asking price of just £30,000 against a local average sale price of £186,514. While the interior is dated and shows signs of wear, this cosmetic refurbishment project allows for personal touches and modern updates that can significantly enhance the property's appeal. The living area and kitchen, in particular, are areas where you can add immediate value with some redecoration and replacement cabinetry.
Situated in a good location near the amenities of North Shields town centre, this flat benefits from private access and is vacant, making it ready for a new owner to take on the modernisation challenge. The overall project scale is light, making it manageable for those willing to invest time and effort into revitalising the space. Although it requires significant work, the low entry price offers a platform to create a desirable living space or a rental investment, especially given the nearby recreational and transport facilities.
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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