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17 Thickley Terrace, Shildon, DL4 2LJ - Image 1
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17 Thickley Terrace, Shildon, DL4 2LJ - Image 5
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17 Thickley Terrace, Shildon, DL4 2LJ

North East

£29,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
869 sqft

Description

This mid-terrace property, featuring three bedrooms, offers a compelling opportunity for those looking to invest or create their ideal living space. Comprising an entrance porch, spacious hallway, lounge, separate dining room, kitchen, and utility room on the ground floor; along with three bedrooms and a family bathroom upstairs, this vacant freehold is ripe for renovation. The home requires a full refurbishment to unlock its potential as either a desirable family residence or a lucrative buy-to-let investment. Located in Shildon, County Durham, the property benefits from proximity to local amenities and good transport links to nearby towns like Bishop Auckland and Darlington. Given the area's comparatively affordable property prices, this represents a strategic choice for investors seeking strong rental yields and value enhancement opportunities.

Investment Analysis

(DL4 area)

Below Market Value

This property is priced -60.9% below area average per sq ft

-60.9%
Potential saving
This Property
£33/sq ft
Area Average
£85/sq ft
Avg Rent (weekly)
£126
Avg Yield
6.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£81,490
10% above area average per sq ft
Potential ROI
+3.2%
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

17 Thickley Terrace, Shildon, DL4 2LJ
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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
£110
Based on a loan of £21,750 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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