2-bedroom house · DL4 2DU
For saleListed 441 days
Opportunity summary
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About
Offered For Sale with NO ONWARD CHAIN a superb opportunity has arisen to acquire a competitively priced two bed roomed mid terraced period property which is located on Scott Street in Shildon.
Appealing to a number of purchasers including investors or first time buyers.
In brief the property is comprised of an entrance hallway, a living room, dining room, kitchen, two bedrooms, and a family bathroom. Externally the property benefits from an enclosed rear yard.
The property is conveniently situated within walking distance of Shildon Town Centre where you will find a good range of amenities.
The Historic Market Town of Bishop Auckland and Tindale retail park with numerous popular High Street names are also close at hand.
With the potential of achieving a rental income of 450.00 per month this property offers excellent yields for a potential investor.
We recommend viewings at the earliest opportunity to avoid disappointment.
General Remarks - Offered For Sale NO ONWARD CHAIN A superb opportunity has arisen to acquire a competitively priced two bedroomed mid terraced period property situated on Scott Street In Shildon Gas fired central heating UPVC double glazed windows throughout Council Tax Band A Location - Scott Street is situated within the popular Town of Shildon.
The Town has a good range of amenities including numerous shops bars, restaurants, good local schools and the First class National Railway museum.
The popular market Towns of Bishop Auckland and Darlington are also within close proximity.
The property has good transport links with the A688 trunk road giving access to the A1(M) for travel to the North and South.
There are mainline train stations at both Darlington and Durham, with International airports at Newcastle and Teesside Airports.
Entrance Hallway - The property is entered through a UPVC double glazed door leading into a welcoming entrance hallway.
The hallway is warmed by a central heating radiator and is decorated in neutral tones. Living Room - 3.53m x 3.82m (11'6" x 12'6") - The living room is situated to the front elevation of the property.
Warmed by a central heating radiator, decorated in neutral tones incorporating a feature wall and benefiting from a UPVC double glazed bay window and a feature cast iron fire place.
Dining Room - 3.83m x 4.10m (12'6" x 13'5") - The dining room is situated to the rear elevation of the property.
Warmed by a central heating radiator, decorated in neutral tones and benefiting from a UPVC double glazed window and a feature fire place.
Kitchen - 2.21m x 2.99m (7'3" x 9'9") - The kitchen is fitted with a range of wall, floor and drawer units with contrasting worktops incorporating a stainless steel sink and drainer.
The kitchen benefits from an integrated electric oven and hob and a UPVC double glazed window. First Floor Landing - A staircase leads to the first floor landing.
Bedroom One - 3.46m x 4.61m (11'4" x 15'1") - A spacious double bedroom situated to the front elevation of the property. Warmed by a central heating radiator and decorated in neutral tones.
Bedroom Two - 2.34m x 3.87m (7'8" x 12'8") - A further double bedroom situated to the rear elevation of the property.
Warmed by a central heating radiator, decorated in neutral tones and benefiting from a UPVC double glazed window and a cupboard providing useful storage.
Bathroom - 2.95m x 2.19m (9'8" x 7'2") - The bathroom has vinyl flooring and is fitted with a suite comprising of a bath, a wash hand basin and a low level WC.
Externally - Externally there is an enclosed rear yard.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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