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North East
£150,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house presents a solid opportunity for renovation in a popular area with good local schools and transport links. While the interiors are dated with general wear, stained carpets, and old wallpaper, these aspects offer a blank canvas for prospective buyers to reimagine the space according to their taste. The kitchen and bathroom are functional but could benefit from significant updates, providing ample scope for improvement.
The property is being sold as seen, which means buyers will need to consider the renovation budget of approximately £40,000 to £80,000 to bring it up to modern standards. The asking price of £150,000 is neutral given the missing floor area and its impact on calculating value against local averages. Note that bids could go above this guide price, so while it may seem cheap now, the eventual sale price could reflect more market dynamics than what’s on the surface.
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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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