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Association Street, Shildon, DL4 1EF

North East

£65,000

Listed on 04/06/2026

Property Details

Bedrooms
N/A
Type
House

Description

This multi-functional property located in the well-regarded market town of Shildon presents significant investment opportunities. Currently featuring a pub on the ground floor with residential accommodation above, it holds potential for conversion into four two-bedroom flats, contingent on obtaining planning permission. The property is conveniently positioned near local amenities, including Tindale Retail Park and the bustling town centre of Bishop Auckland, which offers a diverse selection of shops, dining options, and educational institutions. With excellent transport links to nearby towns and cities—such as Darlington, Durham, Newcastle, and York—this location is particularly appealing for commuters seeking easy access to major roads like the A68 and A1(M). This property could be an excellent project for developers or investors looking to maximize rental income in a thriving area.

Investment Analysis

(DL4 area)
Area Average
£85/sq ft
Avg Rent (weekly)
£126
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Association Street, Shildon, DL4 1EF
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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
£246
Based on a loan of £48,750 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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