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North East
£60,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom semi-detached house presents a solid renovation project in a good North Shields location, with an asking price of £60,000 that is significantly below the local average of £186,514. While the property is in need of extensive refurbishment, including dated interiors and a garden that requires landscaping, this offers a blank canvas for someone looking to create value through modernization. The potential for an extension, subject to permissions, adds further appeal for future growth.
The living space and bedrooms show signs of wear, with flooring and wall updates necessary, and the kitchen will require a complete overhaul. The exterior is generally in decent shape but does need some maintenance. This home provides a unique opportunity for buyers who are willing to invest time and resources into transforming it into a modern residence. However, be aware that the project will demand a full-gut renovation approach, which includes managing a comprehensive works budget.
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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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