Summary - 14 SOHO STREET SHILDON DL4 1PG
3 bed 1 bath House
Low-entry three-bed terrace with strong headline yield potential.
- Starting bid £60,000 via Modern Method of Auction
- Reservation fee 4.5% (min £6,600) plus buyer pack costs (£300)
- Freehold mid-terrace, 3 bedrooms, approx. 686 sq ft
- Seller notes modern kitchen and bathroom; some rooms dated
- Potential gross yield estimated 8.5–9% (subject to letting)
- Small plot, compact rooms typical of Victorian terraces
- High local crime and very deprived area — consider tenant demand
- Walls likely uninsulated; double glazing pre-2002, retrofit possible
For investors seeking a low-entry opportunity in Shildon, this three-bedroom mid-terrace on Soho Street is offered via the Modern Method of Auction with a starting bid of £60,000. The property is freehold, no onward chain and benefits from gas central heating, loft storage and double glazing (installed before 2002). The seller states a modern kitchen and bathroom; internal photos and period features indicate a mix of dated areas and recent updates.
This small two-storey house (approx. 686 sq ft) sits in a compact plot typical of Victorian terraces. The listing estimates a potential gross yield around 8.5–9% — a headline return reliant on securing a tenant and managing running costs. Council Tax Band A and mains services help keep ongoing charges low.
Important auction and condition notes: sale is by the Modern Method of Auction. Buyers must sign a reservation agreement and pay a non-refundable reservation fee (4.5% of purchase price including VAT, minimum £6,600). Completion timescales, buyer pack fees (£300) and ID/funding checks apply. The area scores high for crime and very high for deprivation; the property likely needs some renovation and insulation upgrades (stone/brick walls assumed uninsulated). Prospective purchasers should complete full due diligence and view the Buyer Information Pack before bidding.
3 bedroom terraced house for sale in Byerley Road, Shildon, Durham, DL4 — £60,000 • 3 bed • 1 bath • 902 ft²
4 bedroom end of terrace house for sale in St. Johns Road, Shildon, DL4 — £67,000 • 4 bed • 1 bath • 1141 ft²
3 bedroom terraced house for sale in Lilac Court, Shildon, County Durham, DL4 — £55,000 • 3 bed • 1 bath • 772 ft²
2 bedroom terraced house for sale in Dale Road, Shildon, DL4 — £60,000 • 2 bed • 1 bath • 926 ft²
2 bedroom terraced house for sale in 20 Dent Street, Shildon, County Durham, DL4 — £45,000 • 2 bed • 1 bath • 672 ft²
2 bedroom terraced house for sale in 19 Victoria Street, Shildon DL4 1PE, DL4 — £10,000 • 2 bed • 1 bath • 1023 ft²
