2-bedroom house · DL4 1NG
Listing removedListed 70 days
Opportunity summary
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About
Modern, refurbished two bedroomed terraced property offered for sale with no onward chain.
Located on John Street in Shildon just a short distance from the town centre provides access to a range of local shops, schools, retail stores and healthcare services, Bishop Auckland and Tindale Retail Park provides access to supermarkets, food outlets and further popular retail stores.
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 and Durham.
In brief the property comprises; an entrance hall leading through into the living room, dining room, kitchen and bathroom to the ground floor. The first floor contains the two bedrooms.
Externally the property has a gravelled garden to the front, as well as an enclosed yard to the rear with gated access to the back lane.
Living Room (3.36 x 3.27 (11'0" x 10'8")) The living room is located to the front of the property, with neutral decor, ample space for furniture and bay window to the front elevation.
Kitchen/Dining Room (4.0 x 3.44 (13'1" x 11'3")) The kitchen is fitted with a modern range of wall, base and drawer units, complementing work surfaces, splash backs and sink/drainer unit.
Benefitting from an integrated oven, hob and overhead extractor hood along with space for further free standing appliances.
Utility Room (3.0 x 1.45 (9'10" x 4'9")) The utility room provides space for further free standing appliances along with additional storage.
Bathroom (1.6 x 1.4 (5'2" x 4'7")) The bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin.
Master Bedroom (4.3 x 3.3 (14'1" x 10'9")) The master bedroom is a generous double bedroom with neutral decor, ample space for furniture and window to the front elevation.
Bedroom Two (3.3 x 2.22 (10'9" x 7'3")) The second bedroom is a single room with skylight to the rear elevation.
External Externally the property has a gravelled garden to the front, as well as an enclosed yard to the rear with gated access to 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 8, John Street, Shildon
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