Coquet, Rickleton, Washington
North East
£110,000
Listed on 26/10/2026
Listed on 26/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
936 sqftFeatures
- Garden
Description
This three-bedroom terraced house in Rickleton has a spacious ground floor with a large living room, a separate kitchen with room for dining, a downstairs WC and a rear entrance hall. Upstairs are three bedrooms and a family bathroom. The layout and room sizes provide scope to update the property to suit a new owner's needs.
The listing notes that the windows have been replaced, the bathroom is recently fitted and the boiler is approximately five years old. Modernisation is otherwise required. Gardens are provided at the front and rear, and local schools and everyday amenities are nearby. Washington's wider shops and leisure facilities, along with the A1 and A1231, are within reach.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this three-bedroom terraced house is priced at about £118 per sq ft, 41% below the local average of £199 per sq ft—an unusually attractive entry point for a buyer looking to create value. The spacious living room and kitchen, practical layout and three bedrooms provide a good canvas, with visible scope for a light refresh of worn flooring and dated or damaged finishes. The enclosed rear garden is usable, with weathered decking that could also be refreshed.
The listing also points to useful work already done, including replacement windows, a boiler around five years old and a newly fitted bathroom; the photos show some variation in the bathroom finish. Overall, this is a good opportunity to acquire well below the local £/sq ft benchmark and personalise a generously sized home.
Key opportunities
- Acquire at a notably low local £/sq ft, leaving scope to create value through improvements.
- Refresh dated wall finishes and worn or unfinished flooring to make the spacious interior feel cohesive.
- Improve the usable enclosed rear garden by maintaining or refreshing its weathered decking.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 over 30 years at 4.45% interest
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.
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