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Building Plot, Shotton Bank, Castle Eden, TS27 4TF - Image 1
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Building Plot, Shotton Bank, Castle Eden, TS27 4TF - Image 3
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Building Plot, Shotton Bank, Castle Eden, TS27 4TF

North East

£120,000
Listed on 18/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This exceptional building plot in the sought-after Castle Eden area presents a unique investment opportunity. Located in a semi-rural setting, the site benefits from easy access to local amenities and is conveniently positioned near the A19, facilitating travel to Teesside, Sunderland, and the historic city of Durham. With planning permission already secured for a detached three-bedroom bungalow, prospective buyers can take advantage of the groundwork laid for their future home or investment project. For further details regarding planning permissions, interested parties are encouraged to consult the County Durham Planning office using reference DM/22/02718/OUT.

Investment Analysis

(TS27 area)
Area Average
£195/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (TS27)

Area prices are falling by +2.5% over the last 12 months
3 year growth: -5.9%
5 year growth: 37.9%
Investment Disclaimer: Analysis based on TS27 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

Building Plot, Shotton Bank, Castle Eden, TS27 4TF
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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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