2-bedroom house · DL4 1AQ
Listing removedListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** mid terrace house **. ** two bedrooms **.
** in need of improvement ** ** ideal for an investor/ landlord looking for buy to let property ** A two bedroom mid terraced house located within walking distance of local amenities and Shildon town centre.
The property has the benefit of gas central heating and partial double glazing however, further improvement and redecoration is required which has been reflected in the asking price.
The accommodation briefly comprises: Entrance Vestibule, Lounge through to the Dining Room, fitted Kitchen, Landing, two Bedrooms and Bathroom/ wc with a white suite. Enclosed yard to the rear.
For a viewing contact smith & friends - Estate Agents Darlington.
Entrance Vestibule Lounge (3.35m’3.05m x 3.96m’0.00m into alcoves (11’10 x 13) Dining Room (3.35m’3.05m x 3.35m’3.05m (11’10 x 11’10)) Kitchen (3.05m’2.44m x 1.22m’1.83m (10’8 x 4’6)) Landing Bedroom 1 (3.35m’3.05m x 3.96m’0.00m into alcoves (11’10 x 13) Bedroom 2 (3.35m’3.05m x 1.52m’1.83m (11’10 x 5’6)) Bathroom/ Wc (2.44m’3.05m x 1.83m’0.00m maximum (8’10 x 6’0 maxi)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 62, Main Street, Shildon
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