Vaughan Street, Shildon

North East

£54,950

Listed on 24/02/2026

Property Details

Bedrooms

Type

Terraced house

Area

1260 sqft

Description

Situated on Vaughan Street in Shildon, this mid-terrace property represents a significant investment opportunity for those looking to undertake a complete renovation. With approximately 1,259 square feet of space, the layout is spacious and lends itself well to reconfiguration and modernization, making it an appealing project for developers or investors. The property is currently in need of full refurbishment, allowing you to create a customized home or rental unit that suits current market demands. Its location offers easy access to local amenities including shops and schools, enhancing its attractiveness for future occupants. This house promises substantial potential for value addition through strategic renovations.

Investment Analysis

(DL4 area)

Below Market Value

This property is priced -48.8% below area average per sq ft

-48.8%

Potential saving

This Property

£44/sq ft

Area Average

£85/sq ft

Avg Rent (weekly)

£117

Avg Yield

7.0%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£50,000 - £80,000

Target Value

£118,157

10% above area average per sq ft

Potential ROI

-12.4%

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

35%

Properties sold annually

Local Market Trend (DL4)

Area prices are rising by +11.2% over the last 12 months

3 year growth: -5.1%

5 year growth: +10.4%

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

Vaughan Street, Shildon

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£198

Based on a loan of £41,212 over 30 years at 4.06% 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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Similar Properties

Vaughan Street, Shildon

Property Details

Description

Investment Analysis

Below Market Value

Renovation Potential

Local Market Trend (DL4)

Location

Mortgage Calculator

Next Steps

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