19 Diamond Street, Shildon
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19 Diamond Street, Shildon

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We have confidence in this estimated current valuation Updated recently
£29,900
Or £194 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 25, 2016
£40,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 19 Diamond Street, Shildon, a cozy and compact terraced type home with 2 bed in the DL4 1HX area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built 1900-1929 and has a reported internal area of 79 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £29,900 and a rental potential of £194 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 25, 2016. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" ** Excellent Investment Opportunity ** £10k refurbishment required; including UPVC double gazing, Heating system & Conversion of Master bed into 2 beds to maximise rental income. Reduced price requires fast sale.

Rental Return = £433 pcm

Professional management 10% = £43.30 pcm

Deposit 20% = £8,000

Refurbishment required = £10,000

Loan 80% LTV with 4% Int Rate = £102.66 pcm

Positive Cash Flow = £283.04 pcm

Return on Capital Invested = 21.8%

Return for Cash Purchase = 10.4%


Figures are for illustration purposes only, please contact a financial adviser who can give you personalised projections

Local area: An excellent time to purchase a Below Market Value property in County Durham
Launching in July 2016, The Eleven Arches project which will feature 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle, Bishop Auckland. Hailed as a must see attraction, will attract up to 800,000 visitors a year. The £60 Million project to renovate Auckland Castle & Bishop Auckland Market Place is also well underway.Copy & paste this link into your browser for details: www.thisisdurham.com/kynren. In Newton Aycliffe, an £82m Hitachi train factory has been officially opened in September 2015. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The Prime Minister David Cameron said it was a "show of confidence" in the region. "This is Hitachi's first factory in Europe and their massive investment is a sign of their commitment to the United Kingdom and a real show of confidence in our economy and of confidence in the North East,"

Approx year built:
1930

Type of property:
Terrace

Structure:
Brick

Roof:
Tile

Tenure:
Freehold

External:
Rear yard

Approx rebuild cost:
£140k for insurance purposes


£1000 Reservation fees apply to begin the purchase process

"

Property Data

Data point Compared to road
77 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £136 Try Mortgage Tracker
Energy £1,741 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Timothy Hackworth Primary School
0.2mi
St John's Church of England Aided Primary School Shildon
0.3mi
Thornhill Primary School
0.4mi
Nearby Stations
Shildon Station
0.5mi
Bishop Auckland Station
2.2mi
Newton Aycliffe Station
2.6mi
Heighington Station
3.5mi
North Road (Darlington) Station
7.5mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000
🤔
Greener Home
This could increase your home value by £5,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 19 Diamond Street, Shildon worth?

    19 Diamond Street, Shildon is now worth £29,900 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 19 Diamond Street, Shildon - click click here to get a valuation with no strings attached.

  2. What is the rental value of 19 Diamond Street, Shildon?

    The current rental valuation for this property is £194 per month, within a price range of £175 and £214.

  3. How many bedrooms does 19 Diamond Street, Shildon have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 19 Diamond Street, Shildon?

    Nearby schools in include Timothy Hackworth Primary School, St John's Church of England Aided Primary School Shildon, Thornhill Primary School,

    Nearby stations in include Shildon Station, Bishop Auckland Station, Newton Aycliffe Station, Heighington Station, North Road (Darlington) Station.

  5. What type of property is 19 Diamond Street, Shildon

    This is a Terraced property. There are 14 other Terraced properties on DIAMOND STREET, and 25 in total.

  6. When was 19 Diamond Street, Shildon built? How old is 19 Diamond Street, Shildon?

    19 Diamond Street, Shildon was was built between 1900-1929.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Darlington, Durham Richmond, North Yorkshire Barnard Castle, Durham Bishop Auckland, Durham Crook, Durham Spennymoor, Durham Ferryhill, Durham Shildon, Durham Newton Aycliffe, Durham Northallerton, North Yorkshire Bedale, North Yorkshire Catterick Garrison, North Yorkshire