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Seventh Street, Peterlee, County Durham, SR8 - Image 1
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Seventh Street, Peterlee, County Durham, SR8 - Image 3
Seventh Street, Peterlee, County Durham, SR8 - Image 4
Seventh Street, Peterlee, County Durham, SR8 - Image 5
Seventh Street, Peterlee, County Durham, SR8 - Image 6
Seventh Street, Peterlee, County Durham, SR8 - Image 7

Seventh Street, Peterlee, County Durham, SR8

North East

£45,000
Listed on 12/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
732 sqft

Description

This two-bedroom mid-terrace home in Horden, Peterlee offers a promising canvas for those looking to invest or undertake a renovation project. Currently vacant, the property requires comprehensive modernization throughout, making it an attractive prospect for buyers looking to enhance its value. Ideally situated near local conveniences, transport options, and close to Horden Beach, this location provides both lifestyle benefits and potential rental appeal. On the ground floor, you'll find a spacious living room that welcomes you into the home. This area seamlessly transitions into a separate kitchen towards the back, which leads out to a small courtyard garden—an ideal space for reconfiguration and landscaping according to personal taste. Moving upstairs, the first floor features a sizable double bedroom and a generous single bedroom. A bathroom equipped with essential amenities completes this level, offering room for updates that align with modern standards. Outside, the rear courtyard garden presents potential for creating an inviting outdoor area once renovated—perfect for relaxation or entertaining. Overall, this property’s strategic location combined with its renovation needs represents an excellent opportunity for those willing to invest in substantial improvements.

Investment Analysis

(SR8 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£61/sq ft
Area Average
£92/sq ft
Avg Rent (weekly)
£128
Avg Yield
7.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£74,280
10% above area average per sq ft
Potential ROI
-1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +19.3% over the last 12 months
3 year growth: +4.4%
5 year growth: +14.9%
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

Seventh Street, Peterlee, County Durham, SR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£162
Based on a loan of £33,750 over 30 years at 4.06% 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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