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Kentmere Place, Peterlee, Durham, SR8 5PU - Image 1
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Kentmere Place, Peterlee, Durham, SR8 5PU

North East

£69,999
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1522 sqft

Description

This versatile 3-bedroom townhouse, located in a tranquil cul-de-sac in central Peterlee, presents a promising renovation opportunity for those looking to invest or personalize their living space. The property, which spans three to four floors, features a practical kitchen and a welcoming lounge that connects with a conservatory, creating a bright area perfect for family gatherings. The ground floor offers an entrance hall along with flexible spaces ideal for an office or utility room. Upstairs, you’ll find three ample bedrooms and access to a loft room that holds potential for additional functionality. While the home is currently in need of some cosmetic updates, this refresh could significantly elevate its value, with an estimated resale potential of £110,000–£120,000. Externally, the property boasts a manageable rear garden and convenient driveway parking alongside a garage. Positioned near local schools and the A19, this home combines practicality with growth potential—an excellent choice for first-time buyers or families looking to make their mark.

Investment Analysis

(SR8 area)

Below Market Value

This property is priced -48.5% below area average per sq ft

-48.5%
Potential saving
This Property
£46/sq ft
Area Average
£89/sq ft
Avg Rent (weekly)
£128
Avg Yield
7.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£149,590
10% above area average per sq ft
Potential ROI
+57.5%
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

Kentmere Place, Peterlee, Durham, SR8 5PU
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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
£256
Based on a loan of £52,499 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