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North East
£25,000
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 modest renovation opportunity for buyers looking to invest in a project. With a guide price of just £25,000, it stands out as a cheap option compared to the local average sale price of £220,600. While the flat requires significant modernisation, including dated interiors and worn kitchen cabinets, the potential for transformation is clear. The property is located in a good area with access to local amenities and transport links, making it an appealing option for those willing to undertake the necessary refurbishments.
The flat's private access adds a unique touch, and with a renovation budget estimated between £40,000 and £80,000, there is ample scope to enhance its value. Buyers should be prepared for a light renovation scale, focusing on updating the living spaces, kitchen, and bathroom fixtures. Overall, while the property scores a D grade due to its current condition and limited available information, the attractive guide price and location provide a promising foundation for a successful project.
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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