2 Bedroom Terraced House

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.