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North East
£100,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom terraced house offers a compelling opportunity for those looking to make their mark. With a guide price of £100,000, it's significantly below the local average of £192,191, making it an attractive option for first-time buyers and investors alike. The property, while dated, features spacious living areas and a south-facing garden that add to its appeal. The kitchen and bathroom are functional but would benefit from modernisation, allowing buyers to personalise these spaces to their own taste.
Overall, the property has good investment potential, especially with similar homes in the area achieving rental yields around £900 per month. Although the home requires significant updates, the fundamentals are strong, making it a worthwhile project for those willing to invest in renovations. The absence of usable floor area limits the scoring slightly, but there is ample scope to enhance value through improvements. This is a chance to create a lovely home in a convenient location, with good access to local amenities and transport links.
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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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