2-bedroom terraced house · DL4 2DX
To rentListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroomed terraced property located on Scott Street in a residential area of Shildon.
Only a short distance from the town centre provides easy access to local amenities such as shops, healthcare services, cafés and schools.
It is also only approximately 3 miles from Bishop Auckland with a further range of amenities such as supermarkets, popular high street retail stores, food outlets including restaurants and café's.
There is an extensive public transport system in the area allowing for access to not only the neighbouring towns and villages but to further afield places such as Darlington, Durham, Newcastle and York.
In brief this property comprises of an entrance hallway which leads through into the living room, kitchen/diner and bathroom to the ground floor. The first floor accommodates the two bedrooms.
Externally there is an enclosed yard to the rear and on street parking available to the front.
Living Room (3.57 x 4) Bright and spacious living room located to the front of the property with ample space for furniture, electric fire with feature surround, neutral decor and large bay window allowing lots of natural light.
Kitchen (4.25 x 3.6) The modern kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splashbacks and sink/drainer along with an integrated electric oven, hob and overhead extractor hood.
Space is available for further free standing appliances and furniture.
Bathroom (1.72 x 2.2) The bathroom is located on the ground floor comprising a panelled bath with overhead shower, WC and wash hand basin.
Master Bedroom (3.62 x 4.68) Generously sized master bedroom with plenty of space for a king-sized bed and further furniture, neutral decor and window to the front elevation.
Bedroom Two (4.24 x 2.92) The second bedroom is another spacious double located to the rear. External Externally to the front on street parking is available whilst to the rear is an enclosed yard
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 14, Scott Street, Shildon
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