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Garbutt Street, Shildon, County Durham, DL4

North East

£55,000

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1022 sqft

Description

This end-terraced house presents an interesting opportunity for renovation and investment, offered with no onward chain. The property, while in need of modernisation, boasts two spacious bedrooms and the rare benefit of off-street parking for two vehicles, a notable feature for this type of home. Potential exists to enhance its value significantly through thoughtful renovations, possibly including reconfiguration to create additional bedrooms with the appropriate permissions. The layout includes an entrance hallway that leads to a front-facing living room, followed by a dining area and a galley-style kitchen extending into a rear addition housing the bathroom. Upstairs, the two generous bedrooms offer ample space for reimagining. Externally, a sizeable rear yard could also serve as secure off-street parking. Located just moments from Shildon’s main street, residents will find convenient access to local shops and amenities. The nearby railway station offers connections to Bishop Auckland and Darlington, enhancing its appeal as an investment or first-time buyer's property.

Investment Analysis

(DL4 area)

Below Market Value

This property is priced -36.9% below area average per sq ft

-36.9%
Potential saving
This Property
£54/sq ft
Area Average
£85/sq ft
Avg Rent (weekly)
£126
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£95,838
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DL4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -4.6%
5 year growth: +11.0%
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

Garbutt Street, Shildon, County Durham, DL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£208
Based on a loan of £41,250 over 30 years at 4.45% 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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