Summary - 38 AUCKLAND WYND SHILDON DL4 1BW
2 bed 1 bath End of Terrace
Income-producing 2-bed end terrace with immediate rent and refurbishment potential.
- Sold with sitting tenant at £420 pcm
- Circa 10% ROCE at full asking price
- Freehold; approx 786 sq ft, two bedrooms
- Requires cosmetic updating and external maintenance
- Overgrown, small rear garden and exterior wear
- Very deprived area with high local crime levels
- Mains gas boiler and radiators; double glazing present
- EPC rating C; council tax very cheap
A ready-made rental buy for investors: this freehold 2-bedroom end terrace is sold with a sitting tenant paying £420 pcm, providing immediate income and scope to increase rent. At the full asking price the property equates to circa 10% ROCE, and lettings & management support is available for hands-off ownership.
The house dates from the late 1960s/early 1970s, offers around 786 sq ft, and is heated by a mains-gas boiler with radiators. It benefits from double glazing (install date unknown) and an EPC rating of C. Accommodation is straightforward and practical, suited to small families, professionals or sharers.
Material points to note: the property requires cosmetic updating and some external maintenance — the garden is overgrown and the exterior shows wear. The location is in a very deprived area with higher-than-average crime levels, which can affect tenant demand and resale pricing. Council tax is very low, and there is no flood risk.
This is a value-driven purchase for investors comfortable with a refurbishment/management plan and with realistic expectations about location-related lettings performance. A viewing is recommended to assess condition and future rental potential.
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