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North East
£384,950
Listed on 12/10/2026
Listed on 12/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This individually designed detached bungalow has a useful canvas for a light modernisation: the rooms appear clean and usable, while dated finishes and flooring offer scope to refresh the presentation. Its generous garden, broad driveway and detached double garage are standout practical assets, alongside two reception rooms and a flexible three-bedroom layout.
The main drawback is the price: at £228/sq ft, the asking figure is above the local average of £194/sq ft. Adding the £5,000–£13,000 refurbishment range to the asking price leaves the likely purchase-plus-works cost stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. The project has attractive fundamentals, but the numbers make it a weak overall opportunity at this price.
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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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