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North East
£55,000Guide Price
Listed on 25/09/2026
Listed on 25/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom semi-detached house in Wigton presents a significant opportunity for those willing to undertake a heavy refurbishment project. The property is in poor overall condition, with dated interiors throughout, including a living room and bedrooms that require attention. The kitchen also needs modernisation, and the bathroom is in particularly poor shape, demanding a complete renovation. However, the enclosed yard offers a good size for outdoor improvements, allowing potential buyers to create a nice outdoor space that enhances the property’s value.
With a guide price of £55,000, while we can't assess the value per square foot due to missing floor area data, it stands out as a low entry point for a project of this scale. Just bear in mind that bidding can push the final price above the guide, so it may not stay this affordable. Given the extent of the works needed, this property is best suited for those ready to invest both time and money into transforming it into a desirable residence.
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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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