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North East
£80,000
Listed on 23/09/2026
Listed on 23/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house on Normount Road in Grainger Park presents a strong opportunity for those willing to undertake a substantial renovation. Priced at £80,000, this asking figure is notably lower than the local average of £182,095, suggesting good potential for value creation through improvements. The property showcases generous accommodation with two reception rooms and three bedrooms, providing a solid canvas for transformation.
However, it is important to note that the home requires extensive refurbishment throughout, with visible signs of neglect evident in the living areas, bedrooms, and exterior. The garden also demands significant clearing and landscaping. The dated kitchen and bathroom fixtures further emphasize the need for a complete overhaul. This property is ideal for investors or buyers looking to fully modernize and enhance its appeal, but prepare for a heavy renovation project that may require a budget of £100,000 to £150,000 to bring it up to standard.
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Map
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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