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North East
£3,000Guide Price
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This leasehold flat in Consett presents a blank canvas for those looking to invest in a renovation project. With its first-floor position and vacant possession, it offers a straightforward entry into the property market. The flat requires modernisation, allowing you to tailor the space to your own taste and specifications, though specific details on the interior condition are currently unavailable.
While the overall opportunity score is on the lower side, the asking price of £3,000 positions it as an attractive prospect for buyers willing to undertake light renovations. Although the lack of usable floor area means we cannot assess the price per square foot against local averages, the low asking price may appeal to those looking for a budget-friendly project. Keep in mind that bidding can drive the final price above the guide, so it’s worth considering how much you’re willing to invest.
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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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