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Seventh Street, Peterlee, County Durham, SR8 - Image 5
Seventh Street, Peterlee, County Durham, SR8 - Image 6

Seventh Street, Peterlee, County Durham, SR8

North East

£30,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced house in Horden offers a promising investment opportunity, particularly for first-time buyers or property investors. The home features a practical layout that includes an entrance hallway leading to a generous lounge and a kitchen/dining area at the rear, enhancing its potential for comfortable living. Upstairs, there are two well-sized bedrooms along with a family bathroom. Outside, the property includes a manageable rear yard. Positioned in a residential area with convenient access to local amenities, schools, and transport links, this property is ideally located for commuters and those interested in coastal leisure activities. Its no chain status ensures immediate availability for eager buyers. The potential for refurbishment is significant; cosmetic upgrades could greatly enhance both aesthetic appeal and market value. With growing rental demand in the area, taking on this light renovation project could yield fruitful returns, making it an appealing choice for savvy investors looking to expand their portfolios.

Investment Analysis

(SR8 area)
Area Average
£91/sq ft
Avg Rent (weekly)
£125
Avg Yield
7.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +17.3% over the last 12 months
3 year growth: +7.6%
5 year growth: +15.1%
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

Seventh Street, Peterlee, County Durham, SR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£107
Based on a loan of £22,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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