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Twelfth Street, Horden, PETERLEE

North East

£10,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This freehold mid-terrace house, spanning two floors, presents a significant opportunity for investors or homebuyers looking to add value through renovation. With three bedrooms situated on the first floor and essential living areas, including a reception room and kitchen/diner on the ground floor, the layout is functional and offers potential for modernisation. The property benefits from a rear garden, perfect for creating an outdoor space. Located in Horden, it's conveniently positioned near public transport links such as Horden rail station and local bus services. Nearby amenities include shops, bars, and restaurants in Sunderland and Middlesbrough, along with local parks and Horden Beach for recreational activities. Given its need for updating, this property is ideal for those looking to invest in a project that allows personalisation while tapping into the area’s growing market.

Investment Analysis

(SR8 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£128
Avg Yield
7.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Twelfth Street, Horden, PETERLEE
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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
£36
Based on a loan of £7,500 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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