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North East
£62,000
Listed on 21/09/2026
Listed on 21/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This ground floor apartment presents a solid opportunity for buyers looking to invest in a property that requires some personalisation and improvement. Priced at £62,000, the asking price is notably below the local average of £154,495, offering a potentially appealing entry point for renovation enthusiasts. The apartment benefits from well-maintained communal gardens and is conveniently located near Jarrow Town Centre, enhancing its attractiveness.
The interior, however, is dated and shows signs of wear, suggesting the need for cosmetic updates throughout. The kitchen and bathroom, while functional, could greatly benefit from modernisation. The overall condition provides a blank canvas for someone looking to enhance the property and increase its value. With a renovation budget estimated between £20,000 and £40,000, there is ample scope to transform this apartment into a desirable home, making it a worthwhile viewing for those interested in a 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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