3-bedroom house · DL4 2JJ
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed terraced property located on Redworth Road, Shildon offered to the market with no onward chain.
Situated a short distance from local amenities including a convenience store and local shops, only approx.
1 mile from the town centre and 2.5 miles from Tindale Crescent's ever expanding retail park, which provides access to supermarkets, popular high street retail stores, restaurants, cafes and both primary and secondary schools.
There is an extensive public transport system in the area allowing for access to neighbouring towns and villages as well as Bishop Auckland, Newton Aycliffe and Darlington.
The A689 is nearby and leads to the A1(M) both North and South ideal for commuters.
In brief the property comprises; an entrance hall leading through into the living room, dining room, kitchen and rear porch to the ground floor.
Whilst the first floor contains the master bedroom, two further bedrooms and the family bathroom.
Externally the property has an walled forecourt and on street parking available to the front along with an enclosed yard to the rear with gated access into the back lane.
Living Room Spacious living room located to the front of the property with ample space for furniture, feature fire surround and bay window offering ample natural light.
Dining Room The dining room is another large reception room with space for a table and chairs and window to the rear elevation.
Kitchen The kitchen is fitted with a range of wall, base and drawer units, contrasting work surfaces, tiled splashbacks and sink/drainer along with an integrated oven, hob and overhead extractor hood.
Master Bedroom Well sized master bedroom with space for a double bed and further furniture and bay window to the front elevation.
Bedroom Two Another double bedroom with ample room for furniture and window to the rear elevation. Bedroom Three Single bedroom with window to the front elevation.
Bathroom Family bathroom fitted with a panelled bath, corner shower cubivle, WC and wash hand basin with frosted window to the rear elevation.
External Externally the property has an walled forecourt and on street parking available to the front along with an enclosed yard to the rear with gated access into the back lane.
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
FAQ
About 62, Redworth Road, Shildon
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