Guide price

£25,000

2 bed terraced house for sale
12 Princes Street, Shildon, County Durham DL4

    • 2 beds

Just added
Auction
Freehold
Added on 10/11/2026

About this property

    For sale by auction on Tuesday, 15 Dec 2026 at 12:00

    Venue: Live Stream

    two bedroom mid terrace house for refurbishment

    A two bedroom mid terraced property requiring refurbishment throughout, situated in a popular rental location within Shildon. Offering excellent investment potential, the property is ideally suited to buy-to-let investors looking to add value, with the opportunity to create a strong addition to a rental portfolio once improvement works have been completed.

    The accommodation briefly comprises a lounge and kitchen to the ground floor, with a landing, two bedrooms and a bathroom to the first floor. Externally, the property benefits from on street parking to the front and an enclosed rear yard.

    The property is conveniently located close to local amenities and transport links, with the larger market town of Bishop Auckland only a short drive away.

    Prospective purchasers should note that pigeons have gained access to the second bedroom. Buyers are advised to make their own investigations and satisfy themselves as to the extent of any remedial works required prior to bidding. Further internal photographs are available upon request.

    We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise.

    We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (24th November), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you must register your interest with the office on . Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed id checks have been received at . For any further assistance, please do not hesitate to contact us in the office.

    Auctioneers Notes
    Property construction – Standard

    Electricity supply – Mains

    Water supply – Mains

    Sewerage – Mains

    Heating – Mains

    Broadband –Standard Speed – 17 mbps

    Mobile signal / coverage –02- Very Good/EE/Three/Vodafone – Good

    Parking – Off Street

    Building Safety – See Legal Pack

    Restrictions No – See Legal Pack –

    Rights and easements - See Legal Pack

    Flood risk – Very Low

    Coastal erosion – Very Low

    Planning permission – See Legal Pack- Latest fensa Work- 04/12/2006/ cp/25/02971/veka | (23/01/2025)/ Status: Building Work Complete/Install 5 Windows/ cp/24/27138/veka | (14/08/2024)/ Status: Building Work Complete/Install 2 Windows/ 7/fe/2006/1588 | (05/12/2006)Status: Received/ 5 windows, 2 doors

    Accessibility / adaptions – See Legal Pack

    Coalfield or mining area –See Legal Pack – - North East

    Additional Fees
    Buyers Premium: £1680 inc VAT payable on exchange of contracts.

    Administration Charge - £1800 inc VAT payable on exchange of contracts.

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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