
North East
£24,000Guide Price
Listed on 10/11/2026
Listed on 10/11/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £24,000, this two-bedroom flat offers a substantial project rather than a cosmetic refresh. The open-plan living and dining area has large windows overlooking maintained communal lawn, giving a bright starting point; worn or removed floor finishes, marked dated fittings and peeling or detached ceiling material in places leave plenty of scope to reshape the interiors. The kitchen and bathroom are particularly clear opportunities for replacement and redesign.
The overall score is low, but it is not a verdict that the asking price is dear: floor area is missing, so value against local £/sqf cannot yet be judged, and the available information also does not establish the finished-value case. The flat is offered by online auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
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Transport
South Hylton (Tyne and Wear Metro Station)
2.6 miles
Metro · South Hylton
Pelaw (Tyne and Wear Metro Station)
2.9 miles
Metro · Pelaw
Fellgate (Tyne and Wear Metro Station)
3.1 miles
Metro · Fellgate
Heworth (Tyne and Wear Metro Station)
3.1 miles
Metro · Heworth
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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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