Collingwood Court, Washington, Tyne and Wear, NE37 3EF
North East
£24,000Guide Price
Listed on 10/11/2026
Listed on 10/11/2026
The listing
Property details
Bedrooms
2Type
ApartmentDescription
Offered at auction, this two-bedroom leasehold apartment in Washington is described as requiring modernisation and improvement. The accommodation includes two bedrooms, a bathroom and an open-plan lounge and dining area, with scope for a purchaser to update the interiors to their own requirements.
The kitchen has wall and base units, work surfaces and a stainless-steel sink. The lounge and dining space has large front-facing windows overlooking communal grounds. The listing also notes nearby shops, local amenities and transport links. The stated lease length is 85 years and the council tax band is A. Auction terms, fees and the legal pack should be checked before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
At £24,000, this two-bedroom apartment has a very low headline price, but the floor area is missing, so its value against local £/sqf cannot yet be judged. The open-plan living and dining area has large windows and views over maintained communal grounds, giving the project a useful starting point. The kitchen and bathroom are visibly dated, flooring is worn or removed in several areas, and a bedroom ceiling has extensive peeling or detached finish that will need investigation and repair.
This is a substantial renovation project rather than a cosmetic refresh, with scope to reshape the interiors to suit a buyer’s taste. It is being sold by online auction: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Rework the open-plan lounge and dining area into a contemporary living space that makes the most of its large windows and communal lawn outlook.
- A full interior programme offers scope to replace the dated kitchen and bathroom, renew flooring and personalise the finishes throughout.
- The two-bedroom layout provides flexibility to tailor the rooms to different household or home-working needs.
Key risks
- Peeling or detached ceiling finish in a bedroom needs investigation and repair; the cause is not established by the photos.
- Stripped and worn floor coverings, damaged finishes and several areas needing renewal make this a heavy, multi-room programme; allow for a full interior rebuild rather than a cosmetic refresh.
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Transport
Nearest stations
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
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£98
Based on a loan of £18,000 over 30 years at 5.13% 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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