Summary - 5 LILAC COURT SHILDON DL4 2DQ
3 bed 1 bath Terraced
Low-entry refurbishment opportunity close to town amenities and transport links.
Chain-free; sold by auction, 56-day reservation period
A three-bedroom terraced house in Lilac Court offered chain-free and sold via the Modern Method of Auction. The property includes a spacious lounge, kitchen/breakfast room, three bedrooms (two doubles and a box room), bathroom with separate WC, and both front and enclosed rear gardens. Warm air heating and double glazing are fitted, though the home requires some cosmetic updating.
This is a clear investment-style opportunity: vacant possession, low guide price, and auction completion expected within a 56-day reservation period. Buyers should factor in the non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) and the Buyer Information Pack fee (£349 including VAT) before bidding. If you need mortgage finance, confirm borrowing arrangements with your lender and review the Information Pack prior to bidding.
The house offers immediate scope for simple refurbishment to increase rental or resale value — straightforward kitchen and bathroom improvements, redecoration, and garden tidy-up would have strong impact. Note the local context: the area is classed as very deprived with above-average crime rates, and the property sits in a small town fringe location. These local factors influence tenant demand and pricing, so budget for sensible works and lettability measures if buying as an investment.
Viewings are available to assess condition and layout. For buyers wanting a low-entry property with clear refurbishment potential and a quick, chain-free sale route, this presents a practical, short-term project or lettings acquisition in Shildon.
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