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St. Johns Road, Shildon

North East

£80,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1428 sqft

Description

This three-bedroom end-terrace property in Shildon offers a substantial opportunity for renovation and investment, complete with a double garage and outdoor space. The home, which is being sold with no onward chain, has previously received planning permission for a detached dormer bungalow, presenting future development potential—subject to the necessary approvals. Internally, while the property requires modernisation, it is equipped with a recently installed gas combination boiler (2026) that comes with a 12-year warranty. The layout features an entrance hallway leading to an expansive L-shaped reception room and a kitchen that connects to an additional reception area that can serve as a dining room or extra living space. The first floor houses three sizeable bedrooms alongside a study/storage room and a four-piece bathroom. Externally, there is a rear yard with access to storage facilities, and the garden area awaits new ideas for development. Located close to local amenities and transport links, this property represents an excellent canvas for those willing to invest time and resources into creating their ideal family home or exploring its investment potential.

Investment Analysis

(DL4 area)

Below Market Value

This property is priced -36.0% below area average per sq ft

-36.0%
Potential saving
This Property
£56/sq ft
Area Average
£88/sq ft
Avg Rent (weekly)
£122
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£137,445
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DL4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.4%
5 year growth: +10.1%
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

St. Johns Road, Shildon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£285
Based on a loan of £60,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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