
North East
£400,000
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At 51/100, this is a weaker overall opportunity, with the rural location score the clearest drag. The main stone bungalow looks usable and generally maintained, with scope for light cosmetic updating; its older-style kitchen and plain finishes offer a straightforward refresh rather than a full-house project. The three-quarter-acre grounds, pond, patio and mature planting give the property a distinctive setting, while the separate lodge is a much larger refurbishment project with potential for additional accommodation, subject to feasibility and any necessary consents.
The asking price cannot yet be judged against local £/sqf because the floor area is missing. The lodge’s complete refurbishment is the main budget and programme consideration, and the proposed garage conversion also depends on feasibility and consents.
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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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