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£49,000

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1 Waterloo Terrace, Shildon, DL4 1AU

Residential

house

terraced house

Occupied

2

bed

1

bath

1

reception

Tax band: A

Freehold

Tenanted Residential Opportunity

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Description

  • PRIME NEW ENTRY. We are excited to present this fantastic 2 bedroom end terrace property, located within a prime location in Shildon, County Durham

  •  **9 Byerley Road, Shildon, DL4 1JJ Previously sold for £59,000. 135, Auckland Terrace, Shildon, DL4 1AZ Previously sold for £65,000**

  • Sure to appeal to shrewd investors looking for a readily let investment opportunity. Property is professionally managed by letting agent.

  •  For rental purposes, the property is currently tenanted at £525 p/m (£6,300 p/a, producing an excellent yield. Property could potentially attract £550-600 p/m.  

  • Property is located near a whole host of local amenities and is situated just 5 minutes from Shildon Train Station - **PRIME LOCATION** 

PRIME NEW ENTRY. We are excited to present this fantastic 2 bedroom end terrace, located within a prime location in Bridlington.

**Interior images to follow**

 Sure to appeal to buy to let investors looking for a property producing an excellent return. Property is currently achieving £6,300 p/a. 

 Potential rent of £6,600 - £7,200. Sure to appeal to investors looking for an easy lettable flat in a sought after location.

 The local area has seen some great sales recently showing that there is strong demand. Local sales evidence: 

9 Byerley Road, Shildon, DL4 1JJ Previously sold for £59,000. 135, Auckland Terrace, Shildon, DL4 1AZ Previously sold for £65,000

Potentially high yielding investment opportunity This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

 This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team. 

Location

Shildon is a historic railway town in County Durham, best known as one of the birthplaces of the railway industry and home to the Locomotion. Investors are often attracted to Shildon because property prices are typically lower than many other parts of the North East, offering relatively strong rental yields and affordable entry points, while ongoing regeneration, good transport links to nearby employment centres such as Darlington and Durham, and steady demand from local tenants can make it an appealing location for buy-to-let and long-term capital growth strategies.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.