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Main Street, Shildon DL4

North East

£50,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
679 sqft

Description

This two-bedroom mid-terrace property presents a solid opportunity for improvement and investment in Shildon. Conveniently located near local amenities and the town centre, this house is ideal for buyers seeking a buy-to-let venture. The home features gas central heating and partial double glazing, yet requires further renovation and redecoration to unlock its full potential. The layout includes an entrance vestibule, a lounge that flows into a dining area, a fitted kitchen, two bedrooms, and a bathroom equipped with a white suite. An enclosed yard at the rear adds to the practicality of the space. With thoughtful upgrades, this property can be transformed into an appealing rental or comfortable residence.

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Investment analysis

(DL4 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£74/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
£63,673
10% above area average per sq ft
Potential ROI
-15.1%
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

Main Street, Shildon 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
£189
Based on a loan of £37,500 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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