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North East
£150,000
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: MEDIUM
This semi-detached house on St. Andrews Road in Bishop Auckland presents a moderate renovation project with a blend of potential and challenges. While the asking price of £150,000 is above the local average at £166/sqf compared to £124/sqf, the property offers spacious living areas and a practical layout that could be transformed. The dated interiors, including the kitchen and bathrooms, provide a blank canvas for buyers looking to modernize and personalize the space.
However, the all-in costs, including renovation estimates between £40,000 and £80,000, stretch the investment against local benchmarks. This means that, while the property has room for improvement, the economics may be less favorable, with a significant gap between costs and the implied local value. Buyers should be prepared for a project that requires not only creativity but also careful financial planning to ensure that the investment yields good returns in the long run.
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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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