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North East
£120,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom mid-terraced home in the popular Fairfield area offers a fantastic opportunity for buyers looking to make their mark. With a guide price of £120,000, this property is priced significantly below the local average at just £77/sqf compared to £169/sqf, providing an excellent entry point into the market. The home features generous living space, including a spacious lounge that flows into a conservatory, and a well-maintained garden that can be further enhanced.
While the interiors show signs of wear and require modernisation, including a fitted kitchen and bathroom that are dated, this presents a canvas for new owners to personalise and improve. The exterior shows some age but is structurally sound, with no immediate concerns. Given the medium scale of required renovations estimated between £50,000 and £100,000, this home stands as a solid investment opportunity, especially with the potential to add significant value post-renovation.
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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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