2017 Prize – Walter Street
Own this cosy house outright, and get a monthly income
Ever dreamed of being a property developer, having a passive income or having the opportunity of a large lump sum? Winning this competition could be your chance and with a huge 1 in 20,000 chance of winning. What are you waiting for?!
At only £5 a ticket you really do stand to ‘Win a lot for not a lot’ and the payment is just £5, less than a bottle of wine, a round of drinks or a packet of cigarettes!!
This property already has a tenant in place currently paying £280 per calendar month, so that means you start to earn money as soon as you win!! Over ten years this means the value to the winner could be over £40,000 plus rental income – potentially a staggering £73,000!!
With over £3,300 a year in additional income just think what that could buy, a free family holiday, a second car the choice is yours, and this is EVERY YEAR!!
Don’t forget you will also still have the property so this really is the Goose that keeps laying the Golden Egg every month.
This property has been refurbished and is rented giving a potential 6.5% yield; this is better than almost any bank based savings scheme currently available.
Other properties are available locally but are in need of considerable work and would be empty for some time meaning you would need to pay Council Tax and bills – your property gives money from day one!
Located in Walter Street in Shildon. This freehold property comprises of two bedrooms, lounge, kitchen, bathroom, gas central heating, rear yard, and on street parking.
3.90m x 2.70m (12’9″ x 8’10”)
Upvc double glazed window, radiator, tv aerial.
4.80m x 2.00m (15’8″ x 6’6″) Fitted with wall and base units, part tiled walls, sink and drainer, cooker point, space for washing machine, radiator and Upvc double glazed window.
3.90m x 3.90m (12’9″ x 12’9″) Upvc double glazed window and radiator.
3.10m x 2.00m (10’2″ x 6’6″) Upvc double glazed window and radiator.
1.70m x 2.00m (5’6″ x 6’6″) White suite comprising of panelled bath with shower over, pedestal wash hand basin, low level w/c Upvc double glazed window and radiator.
Home to the National Railway Museum
Shildon lies about a mile to the south-east of Bishop Auckland. Like many towns in this area it owes its growth to the rise of the East Durham coalfields in the late 18th and early 19th century. It is conveniently located for the railay at Shildon Station, the A1(M) motorway, 20 miles from the beautiful Durham coast and is not far from the cities of Newcastle and Durham.
By the end of the Anglo-Saxon period the village of Shildon had become established but it was not the only settlement in the area. A spread of medieval settlements existed around Thickley, though these have now largely disappeared.
Shildon really grew in size during the Industrial Revolution, and indeed it can claim a fundamental place in the history of the rise of world industry. The massive expansion of coal mining meant that the traditional way of moving the coal – along horse-drawn wagon ways – was not sufficient. Instead steam engines began to be used. At first static engines pulled the wagons, but soon moving engines – the steam train – began to be used.
George Stephenson built a track from Witton Park to Stockton-on-Tees. Static engines pulled the coal over Brusselton Bank incline, after which the trucks were attached to steam engines. The remains of one of the Static engine houses can still be seen at Brusselton. Originally it just carried coal, but soon demand led to passengers being carried. The first passenger train began its journey in Shildon on 27th September 1825.
Surrounding Country
Teesdale, Weardale and the Derwent Valley offer some of the highest, wildest and finest scenery in England with attractive North Pennine villages. There are more waterfalls on the River Tees and its tributaries than any other river in England and just to the west of Middleton in Teesdale, High Force is the most majestic. Moreover, only twenty miles or so to the east is the Durham Coast, with several attractive resorts within comparatively easy reach.
Durham
The County town and a very fine city that was prominent in history as a ‘buffer’ against Scottish raids and as a stronghold of the princely Palatine Bishops.The old streets are full of interest, and the magnificent Norman Cathedral is regarded as one of the finest in the world.
Darlington
The nearest ‘big town’ to Shildon and a major industrial centre but with pleasant facets to its nature that include a fine shopping centre and market; beautiful parish church and some of the most colourful and well cared for parks in the County. Also of interest are several museums, Darlington Museum, devoted to local social and natural history; and Darlington Railway Museum, with several historic engines Locomotion and Derwent and rolling stock.
Barnard Castle
A pleasant and typically Northern market town, built of grey stone and almost on the County border.
National Railway Museum
Shildon is considered to be the “cradle of the railways”. The town grew when the Stockton and Darlington Railway established its workshops in 1825. Steam locomotives such as the Sans Pareil and Royal George were built there. During this period the population grew to around 9,000. By 1855 it was a large complex of workshops and other buildings. After the Second World War, Shildon had one of the biggest sidings complexes in Europe. The Shildon Works eventually closed in 1984. The site now houses Shildon Locomotion Museum, which opened in September 2004 and is an extension of the National Railway Museum.
Shildon and the Locomotion Museum are served by Shildon railway station on the Tees Valley Line.