Waterloo Terrace, Shildon, DL4
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Central heating
- Double glazed
- Parking
- 15.8% Gross Yield
- £39,999
- Tenant in Situ with £6,300 Annual Rent
- 27.3% Below Stated £55,000 Market Value
- Management in Place - Referenced Tenant
Description
1 Waterloo Terrace, Shildon, DL4 1AU
* Fixed asking price £39,999
* £525 PCM existing rent / £6,300 annual rental income
* 15.8% calculated gross yield at asking price
* Tenant in situ since March 2026
* Two bedrooms and two bathrooms
* Freehold end-terrace property
* EPC Rating C (73)
* Selective licensing applies
Investment Overview
Offered with landlords and property investors particularly in mind, 1 Waterloo Terrace is a tenanted two-bedroom end-terrace property in Shildon.
The property is offered at a fixed asking price of £39,999 and currently generates £525 per calendar month, equivalent to £6,300 per annum. This represents a calculated gross rental yield of approximately 15.8% based upon the asking price.
Property
The information supplied describes the property as a two-bedroom, two-bathroom end-terrace house with gas heating.
The property is freehold and falls within Council Tax Band A.
Tenancy and Rental Position
The property is currently tenanted, with the tenancy stated to have commenced on 9 March 2026.
The existing contractual rent is £525 PCM, with nil arrears stated in the information supplied.
No higher estimated market rent has been included within these particulars.
Investment Numbers
Asking price: £39,999
Existing monthly rent: £525
Existing annual rent: £6,300
Calculated gross yield: approximately 15.8%
Gross yield is calculated using the existing annual rent divided by the asking price and does not account for management fees, maintenance, insurance, taxation, finance costs, voids or other ownership/acquisition costs.
Tenure and Material Information
Tenure: Freehold
Council Tax: Band A
Heating: Gas
EPC: C (73), with stated potential B (86)
EPC expiry: 25 January 2034
Gas certificate expiry: 22 January 2027
EICR expiry: 13 May 2031
Selective licensing: Required
Prospective purchasers should satisfy themselves through their solicitor and appropriate professional advisers regarding the tenancy, licensing, title and all other material matters prior to purchase.
Viewing and Further Information
For further information or to discuss viewing arrangements, please contact the selling agent.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Visit our security centre to find out moreDisclaimer - Property reference 53957. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Visum, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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