8 George Street, Shildon, County Durham

North East

£20,000Guide Price

Listed on 18/08/2026

Auction listing

Wednesday, 2 September 2026 at 12:30 pm

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Property details

Bedrooms

Bathrooms

Type

Mid Terrace

Area

617 sqft

Tenure

Freehold

Features

Central heating
Garden (rear)
Gas supply
Mains water
Broadband available
Mains drainage

Description

A Two Bedroom Mid Terrace Property in Poor Decorative Order. Well Located for the North Pennines and Links to Newcastle Presented in in Poor Decorative Order Accommodation Ground Floor- Reception Room, Kitchen First Floor- Two Bedrooms, Bathroom/WC Exterior Rear Courtyard

Floor plans

Investment analysis

(DL4 area)

Below Market Value

This property is priced -60.0% below area average per sq ft

-60.0%

Potential saving

This Property

£32/sq ft

Area Average

£81/sq ft

Avg Rent (weekly)

£129

Avg Yield

7.8%

Renovation Potential

Light Refurb

Est. Renovation Cost

£8,000 - £12,000

Target Value

£55,009

10% above area average per sq ft

Potential ROI

+71.9%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

28%

Properties sold annually

Local Market Trend (DL4)

Area prices are rising by +3.6% over the last 12 months

3 year growth: -2.9%

5 year growth: +7.9%

Investment Disclaimer: Analysis based on DL4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

8 George Street, Shildon, County Durham

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£76

Based on a loan of £15,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.