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See how verdicts work2-bedroom terraced house · DL4 1JS
No longer listedListed 26 daysAuction 27 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Tuesday, 27 Oct 2026 ending at 11:58 Two-bedroom mid-terraced property requiring modernisation, offering excellent potential for investors, developers or owner-occupiers looking to add value.
Open House Viewings (no need to book) 12pm until 12:30pm on Thursday 8th October 2026 11am until 11:30am on Tuesday 13th October 2026 9.30am until 10am on Thursday 22nd October 2026 A two-bedroom mid-terraced property offering an excellent refurbishment opportunity, ideal for investors, landlords or buyers looking to add value.
The accommodation is arranged over two floors and extends to approximately 54 sq.
M., comprising an entrance foyer leading into the living room with adjoining dining area, kitchen and access to the rear.
To the first floor are two bedrooms and a generously proportioned bathroom, fitted with a bath, WC and wash basin.
Externally, the property benefits from an enclosed rear yard with useful storage/outbuildings and pedestrian access beyond.
The property would benefit from a programme of modernisation and cosmetic improvement throughout, providing an attractive opportunity for purchasers looking for a project with scope to enhance and add value.
Situated in an established residential location within Shildon, the property is conveniently positioned for access to local shops, amenities, schools and transport connections.
Key Features Two-bedroom mid-terraced property Offered with vacant possession Approximately 54 sq. M.
Of accommodation Living room and dining area Kitchen Spacious first-floor bathroom Enclosed rear yard with storage Requires modernisation Excellent investment/refurbishment opportunity Popular established residential location Tenure: Freehold EPC Rating: D Portrait Video Tour False Additional Fees Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 advisers 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 8 George Street, Shildon
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