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North East
£220,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This detached three-bedroom bungalow presents a significant renovation project, perfect for those looking to create a personalised family home. While the property is currently in poor condition throughout—with extensive work required in living spaces, bedrooms, kitchen, and bathroom—it offers a blank canvas for potential buyers. The layout allows for creative redesign, and the decorative coving and original features provide a glimpse of the charm that can be restored.
Located in a good residential area, the property boasts off-road parking and a garage, enhancing its appeal. The asking price of £220,000 is set against an uncertain floor area, so we can't yet judge value against local £/sqf, but this does offer an opportunity for buyers to secure a project at a potentially favourable price point. Remember, the eventual sale price could rise above the guide as bids come in, so be prepared for competition. This is a chance to invest in a substantial refurbishment that could yield a rewarding home once completed.
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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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