Property photos
Freehold
Offers over
£38,000
2 bed terraced house for sale
Dean Street, Shildon DL42 beds
1 bath
2 receptions
EPC rating: D
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Thornhill Primary School 0.2 miles
- St John's Church of England Aided Primary School, Shildon 0.4 miles
- Shildon 0.6 miles
- Bishop Auckland 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 2 Bed End Terraced House
- Scope to convert to 3 bed with planning permission
- Lounge & Dining Room
- Vacant, No Onward Chain
- Freehold
- Central Location
- Large property - 93sqmt
Less than 10 mins to the city centre and very close to valuable amenities, the property benefits from 2 very spacious bedrooms, a separate lounge and a dining room, 1 kitchen and a 4-piece bathroom. Plus has massive potential to add a further bedroom and further increase it’s end value.
Full Description
Priced to sell, this is an ideal opportunity for an investor to expand their portfolio with an asset that can give a very large yield. Also potential to add more value and equity through a light refurbishment and upgrade.
A 2 bedroom end terraced house, with a potential to convert to a 3 bed by dividing bedroom 1 into two bedrooms. Similar properties in the area have done the same.
Currently vacant and needing work but once done, has the potential to achieve a gross rent of £500-£550 per calendar month (£6,000-£6600 per annum).
This gives a very healthy yield starting from 13%+.
By adding another bedroom, the rent potential is expected to be £600-650 per calender month (£7,200- £7,800 per annum). And will also increase it’s end value.
An experienced and reliable build team is available.
If you are seeking to level up your income and benefit from a high-yielding asset, this is the perfect property to invest in.
This property has been priced to sell to a smart investor who recognises value when they see it.
The property will sell quickly so move quickly to not miss out.
For more information or to arrange a viewing, please contact us today!
More pictures and recorded video walkthrough available.
A fully refundable buyer's premium applies to secure this property.
Council Tax Band A
Epc
EPC Rating - D
EPC Link -
Freehold
We have been informed that the property is Freehold. Interested purchasers should seek clarification of this from their Solicitors.
Property Viewing
Contact Stuart Edwards Estate Agents for an appointment to view.
Property Portals
We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on , & .
Thanks
Thank you for accessing these details. Should there be anything further we can assist with, please contact our office.
Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
Full Description
Priced to sell, this is an ideal opportunity for an investor to expand their portfolio with an asset that can give a very large yield. Also potential to add more value and equity through a light refurbishment and upgrade.
A 2 bedroom end terraced house, with a potential to convert to a 3 bed by dividing bedroom 1 into two bedrooms. Similar properties in the area have done the same.
Currently vacant and needing work but once done, has the potential to achieve a gross rent of £500-£550 per calendar month (£6,000-£6600 per annum).
This gives a very healthy yield starting from 13%+.
By adding another bedroom, the rent potential is expected to be £600-650 per calender month (£7,200- £7,800 per annum). And will also increase it’s end value.
An experienced and reliable build team is available.
If you are seeking to level up your income and benefit from a high-yielding asset, this is the perfect property to invest in.
This property has been priced to sell to a smart investor who recognises value when they see it.
The property will sell quickly so move quickly to not miss out.
For more information or to arrange a viewing, please contact us today!
More pictures and recorded video walkthrough available.
A fully refundable buyer's premium applies to secure this property.
Council Tax Band A
Epc
EPC Rating - D
EPC Link -
Freehold
We have been informed that the property is Freehold. Interested purchasers should seek clarification of this from their Solicitors.
Property Viewing
Contact Stuart Edwards Estate Agents for an appointment to view.
Property Portals
We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on , & .
Thanks
Thank you for accessing these details. Should there be anything further we can assist with, please contact our office.
Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Stuart Edwards
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Property descriptions and related information displayed on this page are marketing materials provided by - Stuart Edwards. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stuart Edwards for full details and further information.