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North East
£275,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This substantial period office building presents a unique renovation opportunity, offering spacious and versatile accommodation that can be adapted for various uses. While the interiors are dated and require significant updates, the layout provides a canvas for imaginative refurbishment or redevelopment that could unlock the property's potential.
With a guide price of £275,000, the absence of floor area details means we can't assess its value against local £/sqf averages just yet. However, the generous space available allows for creative reconfiguration, and with a renovation budget ranging from £100,000 to £200,000, there is ample scope to enhance this property and increase its appeal in the market.
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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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