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North East
£80,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house in Shiremoor presents a spacious layout and solid potential for modernisation, making it an appealing project for buyers looking to create their ideal home. With an asking price of £80,000, this property is significantly cheaper than the local average sale price of £255,685, offering a reasonable entry point for those willing to invest in refurbishment. The generous living areas and utility space provide a good foundation for improvements, while the well-connected location enhances its desirability.
However, the home does require considerable refurbishment, including updates to the dated kitchen and bathroom, as well as redecoration throughout. The garden is currently overgrown, presenting an opportunity to transform it into an attractive outdoor space. Notably, there are structural concerns due to previous alterations, and buyers are advised to have a structural engineer assess the property before proceeding. Overall, while there are challenges to address, the combination of a low asking price and a spacious layout makes this a project worth considering for those with a vision.
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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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