
North East
£55,000
Listed on 26/08/2026
Listed on 26/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £55,000, this two-bedroom semi is priced well below the local average at £65 per sq ft versus £92, making it an attractive low-cost entry point. The two reception rooms, useful utility room and gardens to the front, side and rear give the project a practical canvas: refresh the dated finishes, make good marked walls and reclaim the overgrown outdoor space. The visible rooms appear generally usable, and the uPVC double glazing and gas central heating add to the appeal.
The indicative £6,000–£14,000 renovation range points to a light modernisation project rather than a major overhaul. The listing also states that an offer of £58,000 has been received, so check the current sale position and price before proceeding.
None recorded.
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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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