
North East
£274,995
Listed on 24/09/2026
Listed on 24/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At 53/100, this is a weaker overall opportunity, with the main uncertainty being value: the floor area is missing, so the asking price cannot yet be compared with local £/sqf. The home itself looks clean and usable, with a spacious rear garden, driveway and garage, while the dated kitchen and distinctive dark bathroom finishes offer scope for a modest cosmetic refresh. The stated £4,250–£12,750 renovation range suggests a light, finish-led project rather than a major overhaul.
There may also be scope to rework the kitchen and dining area into a more open-plan space, subject to permissions and building requirements. The 67-year lease needs investigation, and the missing floor area means the overall value case remains difficult to judge.
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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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