2-bedroom terraced house · DL4 2EH
For saleListed 30 days
Opportunity summary
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About
For Sale By on Line Auction 29th October - 10am Start - Bidding opens 24 hours prior Option 1 Agents Property Auction Limited subject to a minimum of £3,000.
Where sales are agreed prior or post auction and The Agents Property Auction Limited are in possession of a legal pack, exchange occurs on the buyer signing the Auction Contract, payment of the deposit and The Agents Property Auction Limited completing their customer due diligence.
Completion is to occur within a further 28 days of the exchange. End of terraced house with vacant possession in need of modernisation.
This property would make a great addition to an investor’s portfolio once renovated as it is situated at the head of a Cul de sac in this residential part of Shildon.
The accommodation comprises of a hallway with stairs rising to the first floor, a kitchen with selection of units for storage and space for free standing appliances, a living room with patio doors leading to the back garden.
On the first floor there are two double bedrooms, both with fitted storage, and the house bathroom which features a bath, toilet, sink and separate shower cubicle.
Outside the property features gardens to front and rear.
The estate has a small number of local shops and food outlets, however it’s just a short walk to Shildon main street where a larger number of shops, food outlets, beauty parlour, restaurants and pubs lie.
Shildon also features a couple of primary schools - one is close to the house and the railway station is just at the bottom of the hill - a short walk downhill, and this connects to Darlington and the east coast main line between Edinburgh and London.
Due to the nature of the sale, the owners are not able to confirm the accuracy of the marketing particulars however they are given in good faith.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold PART B Property Type – End Terrace Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Gas Fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: on street, no permit required PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions - restrictive covenants dated 1984 are noted on the title documents Rights & Easements- rights dated from 1984 are noted on the title documents Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – very low Coastal Erosion - NA Protected Trees – no Conservation area – no Planning Permission – no Accessibility – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area; further searches may be required Selective License Area – Yes Included/excluded from the sale - sold as seen No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
Disclaimer 1 None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see Disclaimer 2 Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
At your request we can refer you to a North East based Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including VAT from them for the recommendation.
Disclaimer 3 Details of the tenure will be available in the legal pack, however we recommend all potential buyers take legal advice and satisfy their requirements prior to purchase.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Cedar Grove, Shildon, County Durham, DL4
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