Property Summary
A well-maintained two-bedroom terraced home situated on Thomas Street, Shildon offering an excellent opportunity for first-time buyers or investors alike. Ready to move into, the property provides practical and comfortable accommodation throughout, making it a great affordable home or buy-to-let investment.
The accommodation briefly comprises a welcoming lounge, fitted kitchen, two good-sized bedrooms, and a family bathroom. To the rear is a low-maintenance yard area.
The property is located within easy reach of local shops, schools, transport links, and everyday amenities, while also benefiting from access to the nearby coastline and surrounding countryside. The area remains a popular choice for buyers seeking value for money and strong rental demand.
With an expected rental income of approximately £500 PCM, this property could provide a solid return for landlords looking to expand their portfolio. Early viewing is recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
The accommodation briefly comprises a welcoming lounge, fitted kitchen, two good-sized bedrooms, and a family bathroom. To the rear is a low-maintenance yard area.
The property is located within easy reach of local shops, schools, transport links, and everyday amenities, while also benefiting from access to the nearby coastline and surrounding countryside. The area remains a popular choice for buyers seeking value for money and strong rental demand.
With an expected rental income of approximately £500 PCM, this property could provide a solid return for landlords looking to expand their portfolio. Early viewing is recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Full Details
Entrance Hall
entrance hall with carpet flooring, radiator, access to lounge and stairs leading to first floor
Lounge 3.74 x 3.68
With carpet flooring, radiator and double glazed units
Kitchen/ Dining Room 4.74 x 2.06
With a range of wall and base units, sink and mixer tap, plumbing for a washing machine, fittings for a oven/hob, lino flooring, radiator, double glazed windows, door leading to rear
Bedroom 1 3.78 x 2.76
With carpet flooring, radiator and doubel glazed window
Bedroom 2 3.09 x 2.72
With carpet flooring, radiator and doubel glazed window
Bathroom 2.11 x 1.67
With bath and overhead shower, w/c, wash hand basin, mirrored wall unit, double glazed window and radiator.
Material information
SERVICES: We are advised by the seller that the property has mains provided gas, electricity, water and drainage. MAINTENANCE / SERVICE CHARGE: NO WATER METER: TBC PARKING ARRANGEMENTS: on street BROADBAND SPEED: The maximum speed for broadband in this area is shown by inputting the postcode at the following at the following link here CAR CHARGER: no MOBILE PHONE SIGNAL: No known issues. The information above has been provided by the seller and has not yet been verified at this point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.
Disclaimer
1/ Holbrook Estate Agents has not tested any services, appliances or heating and no warranty is given or implied as to their condition. 2/ All measurements are approximate and intended as a guide only. All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error. 3/ We believe the property is freehold but we always recommend verifying this with your solicitor should you decide to purchase the property. 4/ Fixtures and fittings other than those included in the above details are to be agreed with the seller through separate negotiation. 5/ All EPC`s are generated by a third party and Halbrook Ltd accepts no liability for their accuracy.