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Vaughan Street, Shildon

North East

£54,950
Listed on 01/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1260 sqft

Description

This mid-terrace house on Vaughan Street in Shildon is being offered with no onward chain, making it an appealing prospect for investors or developers eager for a complete renovation opportunity. Spanning around 1,259 square feet, this property provides ample space that can be tailored to modern living standards through thoughtful reconfiguration and updates. Currently in need of extensive refurbishment, it stands as a blank canvas ready for transformation. Positioned conveniently close to local amenities, schools, and shops, the property not only promises strong potential for value enhancement but also benefits from a desirable location. With its spacious layout, this home can be revitalized into a contemporary residence or an attractive rental investment.

Investment Analysis

(DL4 area)

Below Market Value

This property is priced -48.5% below area average per sq ft

-48.5%
Potential saving
This Property
£44/sq ft
Area Average
£85/sq ft
Avg Rent (weekly)
£117
Avg Yield
6.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£117,464
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (DL4)

Area prices are rising by +9.9% over the last 12 months
3 year growth: -3.4%
5 year growth: +11.3%
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

£
£
£
%
%
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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