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Dunelm Walk, Peterlee, County Durham, SR8 5BN

North East

£55,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This end-terrace home features three bedrooms and presents a promising opportunity for renovation or investment. With a spacious layout, it offers the potential to adapt and modernize the living space according to personal style or rental needs. The property includes a sizeable lounge that benefits from dual aspect windows, filling the room with natural light. This area presents versatility for both living and dining arrangements, making it ideal for family gatherings. The fitted kitchen is functional, equipped with base and wall units, and has room designated for appliances. A door leads directly to the enclosed rear garden, enhancing convenience for outdoor access and entertaining possibilities. The internal layout also features a welcoming hallway with easy access to both the lounge and kitchen. Upstairs, you will find three well-proportioned bedrooms. The master bedroom includes built-in wardrobes, optimizing storage while maintaining a bright atmosphere thanks to its front-facing window. The second bedroom overlooks the garden and could serve well as either a guest room or child’s bedroom, while the third room offers additional flexibility as a nursery or home office. The bathroom provides essential fittings with a three-piece suite and is partially tiled, offering an opportunity for updates if desired. Outside, the property is complemented by an enclosed rear garden that provides privacy and ample space for outdoor activities. Additionally, there is a detached garage that requires refurbishment but holds great potential for secure parking or extra storage. Located conveniently close to local schools, amenities, and public transport links, this home benefits from its surroundings while offering significant scope for enhancement. Whether you are looking to create a comfortable family residence or seeking a rental investment with growth potential, this property represents an exciting canvas ready for transformation.

Investment Analysis

(SR8 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£64/sq ft
Area Average
£89/sq ft
Avg Rent (weekly)
£128
Avg Yield
7.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£84,722
10% above area average per sq ft
Potential ROI
-0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +20.3% over the last 12 months
3 year growth: 8.7%
5 year growth: 24.1%
Investment Disclaimer: Analysis based on SR8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Dunelm Walk, Peterlee, County Durham, SR8 5BN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£201
Based on a loan of £41,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE