
North East
£190,000Guide Price
Listed on 21/10/2026
Listed on 21/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This Victorian terrace offers a clear improvement project in a sought-after Durham City location, with usable reception rooms and bedrooms, period character and an enclosed rear yard to work with. The asking price of £190,000 is about 9% below the local average per square foot, making it a comparatively cheap acquisition; the worn kitchen and bathroom, dated finishes and yard give a buyer scope to refresh and reconfigure the property, subject to any necessary consents.
The overall opportunity is nevertheless rated low: at the £30,000–£50,000 renovation range, purchase plus the midpoint of the works looks tight against local value benchmarks. It may suit a buyer who can manage the project and achieve a strong finished result, but the price advantage alone does not make the economics compelling.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
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.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.