
Sign InSign Up



North East
£90,000
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: MEDIUM
This three-bedroom terraced house in the Red House Farm Estate is a compelling opportunity for buyers looking to invest in a property with potential for modernisation. Priced at £90,000, that's an exceptional £90/sqf, significantly below the local average of £185/sqf, making this a great chance to acquire a spacious family home at a bargain price. The property features a full-depth living and dining area that opens onto a south-facing garden, alongside a practical kitchen and three well-proportioned bedrooms, all of which are ready for a fresh update.
While the interiors show signs of wear and the kitchen and bathroom fittings are dated, this presents a blank canvas for new owners to inject their personal style and undertake cosmetic improvements. The solid structure and generous layout offer an excellent foundation for a renovation project. Additionally, the absence of a chain simplifies the purchasing process, allowing for a smooth transition into this family residence. With a renovation range of £40,000 to £80,000, there is substantial scope to enhance the property and add value, making it an attractive prospect for those willing to take on a light refurbishment.
None recorded.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
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.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.