Affordable renovation project with strong rental potential near local schools.
Two double bedrooms plus converted loft space
This two-double-bedroom mid-terrace offers straightforward, affordable entry to Shildon with flexible space across two storeys plus a converted loft. The house benefits from gas central heating, double glazing and a bay-fronted living room, making it comfortable to occupy straight away while offering scope for improvement to increase value.
The property will be sold at auction using the Modern Method of Auction. The buyer must complete within a 56-day reservation period, pay a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600) and a Buyer Information Pack fee of £349. Prospective purchasers using a mortgage should check finance options before bidding.
Set on a small plot, the rear yard faces west and catches evening sun; there is on-street parking. The area is classified as industrious transitions with higher-than-average crime and local deprivation indicators, so buyers should weigh location factors alongside the low purchase price and very low council tax banding.
Practical issues: walls are assumed to be cavity with no added insulation and the property will likely benefit from targeted upgrading and modernisation to maximise rental or resale returns. For buyers seeking an affordable renovation project or a buy-to-let with proven rental history, this house presents clear potential. Chain-free sale gives fast possession on completion.