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Jubilee Road, Shildon

North East

£81,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom property in Shildon presents a canvas for potential renovations and improvements, making it an appealing opportunity for both homeowners and investors. Equipped with modern air source heat pump central heating and timber double glazing, the house offers a solid foundation for updates. The layout includes an entrance reception hallway leading into a comfortable lounge, a dining area, and a fitted kitchen on the ground floor. Ascending to the first floor, you'll find three bedrooms along with a bathroom featuring a shower. Each space is characterized by its natural light and practicality, ideal for customization. Outside, the property boasts gardens at both the front and rear, providing outdoor space that could be transformed into attractive garden areas or patios. The absence of onward chain simplifies the acquisition process, enhancing its appeal to buyers looking for a straightforward transaction. Located in Shildon, residents benefit from proximity to local amenities and transport links, which bolster its appeal for renting or resale. With some strategic renovations, this property has significant investment potential and can be tailored to meet modern living standards while retaining its charm. Viewing is essential to appreciate the possibilities it holds.

Investment Analysis

(DL4 area)
Area Average
£85/sq ft
Avg Rent (weekly)
£117
Avg Yield
7.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DL4)

Area prices are rising by +13.9% over the last 12 months
3 year growth: 0.7%
5 year growth: 11.7%
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.

Location

Jubilee Road, Shildon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£297
Based on a loan of £60,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE