Cedar Grove, Shildon, County Durham, DL4
North East
£40,000Guide Price
Listed on 21/09/2026
Listed on 21/09/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
712 sqftFeatures
- Garden
Description
Offered at auction, this vacant two-bedroom end-terrace house in Shildon is described as requiring modernisation. The ground floor has an entrance hall, kitchen with storage units and space for freestanding appliances, and a living room with patio doors to the rear garden. Upstairs are two double bedrooms with fitted storage and a bathroom with a bath, toilet, basin and separate shower cubicle.
The property has gardens to the front and rear and on-street parking is available without a permit. Local shops and food outlets are nearby, with a wider choice on Shildon main street. The listing also notes nearby primary schools and a short walk downhill to the railway station, with services connecting to Darlington and the East Coast Main Line.
The sale is by online auction, with vacant possession and the property sold as seen. The listing states that the home has mains services and gas-fired radiator heating, which have not been tested. Buyers should review the legal pack and verify the title restrictions and rights, Article 4 Direction, selective licensing status and coal mining search requirements before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £40,000, this is priced well below the local £/sqf benchmark, giving buyers an inexpensive entry point for a two-bedroom end-terrace in a cul-de-sac, with shops and the railway station within walking distance. The brick exterior and tiled roof look broadly intact in the available views, but the dated finishes, damaged living-room flooring and overgrown garden make this a substantial project rather than a cosmetic refresh. Lower-wall staining in the living room needs investigation before repairs are planned.
The value of the entry price is tempered by the numbers: purchase plus a mid-to-substantial programme of works leaves the total outlay stretched against local benchmarks for a home of this floor area. That comparison is with current local averages, not a forecast of post-renovation value. The listing is being sold by online auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Create a coherent interior from the dated finishes, updating the kitchen and bathroom and replacing worn flooring as part of a whole-house scheme.
- Rework the living space around its patio doors and make the overgrown rear garden more usable, with worn paving and boundary surfaces to address.
- The two double bedrooms have fitted storage, offering a useful starting point while refreshing the older finishes and fittings.
Key risks
- The living-room lower-wall staining has no established cause; investigate it before making good or redecorating.
- Damaged or removed living-room flooring and debris, alongside a heavy multi-room programme, mean planning for a substantial interior rebuild and longer schedule rather than a quick refresh.
- Although the entry price is low, the purchase and works together look stretched against local benchmarks for this floor area, limiting the apparent headroom on current averages.
- Purchase plus the works band looks tight with the asking price plus a meaningful modernisation spend, about 30% ahead of typical local benchmarks for this size; post-works value sits outside our data.
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Transport
Nearest stations
Shildon Rail Station
0.3 miles
Train · Shildon
Newton Aycliffe Rail Station
2.3 miles
Train · Newton Aycliffe
Bishop Auckland Rail Station
2.4 miles
Train · Bishop Auckland
Bishop Auckland West Station
2.5 miles
Train · Bishop Auckland
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£151
Based on a loan of £30,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-11.1% since listed
£40,000£5,000(-11.1%)
23/10/2026£45,000Initial listing
21/09/2026Services
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