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North East
£27,000
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 three-bedroom semi-detached house presents a solid opportunity for those looking to dive into a refurbishment project. Priced at £27,000, it offers an entry-level investment in a market where the floor area is yet to be assessed for value against local averages. The property is in need of significant modernization, with signs of wear and tear throughout, particularly in the lounge, kitchen, and bathroom, all of which require updating. However, the layout allows for flexibility, enabling buyers to craft a home that meets their specifications. The rear yard and on-street parking are additional benefits that enhance its appeal.
While the condition may seem daunting, this project allows for a complete transformation of the space, providing ample opportunity to reconfigure and enhance the interior to create a profitable investment or a comfortable home. The heavy scale of refurbishment needed means that prospective buyers should prepare for a comprehensive overhaul. Keep in mind that this is a private treaty sale, and the bidding could push the final price above the guide, so it's crucial to consider your budget carefully as you assess this property's potential.
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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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