
North East
£135,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom bungalow has a clear project canvas: single-storey living, a separate dining room formed from a former garage conversion, driveway parking and sea views over a generous plot. The dated finishes across several rooms, peeling wall finish and overgrown rear and side garden leave scope to reshape the interiors and outdoor space; the comparatively clean, accessible bathroom is a useful feature to retain. The dark staining across parts of the lounge ceiling needs investigating before repairs are planned.
The price is the bigger obstacle. At £196 per sq ft, the £135,000 asking price is above the local £165 benchmark, and adding the £28,000–£48,000 renovation range leaves the purchase-plus-works cost stretched against local benchmarks for a home of this floor area. That comparison is with current local averages, not a forecast of the value after renovation, so the project needs careful numbers as well as a clear vision.
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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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