Town & Country · 28 Oct 2026 · in 9 days
Mixed-Use Freehold Investment Opportunity
38 Church Street, Shildon, County Durham, DL4 1DX · North East
LiveMixed-useFreehold
- Guide
- £120,000
- Rent a year
- ≈£10,900est.
- Yield on the guide
- ≈9.1%est.
- Payback
- ≈11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- B
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
B from the government EPC register, lodged 18 Sept 2026 (certificate 1552-6218-2887-8043-7369). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Town & Country's record
Town & Country's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in Shildon.
Lot 13. Mixed-Use Freehold Investment Opportunity An excellent opportunity to acquire a mixed-use freehold property comprising two x two-bedroom flats and a ground-floor commercial unit. Both residential flats are currently tenanted, producing a combined rental income of £945 per calendar month, providing an immediate income stream for the new owner. The ground-floor commercial premises were previously occupied by Costa Coffee and are currently vacant. The unit requires only minimal refurbishment and offers an excellent opportunity for an investor to carry out the necessary works and secure a new commercial tenant. The property therefore offers potential to enhance the existing rental income through the letting of the vacant commercial unit, making this an attractive proposition for investors seeking both residential and commercial income. Tenure: Freehold Residential Accommodation: 2 x Two-Bedroom Flats Current Residential Income: £945 PCM Commercial Unit: Former Costa Coffee premises – currently vacant Auction: Sold by unconditional auction, subject to the auction terms and conditions. Local Area: Located on Church Street in Shildon, this property is situated in an established…
Figures come from Town & Country's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.