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Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 1
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 2
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 3
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 4
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 5
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 6
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 7
Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN - Image 8

Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN

North East

£5,000Guide Price

Listed on 17/06/2026

Property details

Bedrooms
3
Type
Flat

Description

This ground floor flat presents a significant opportunity for renovation and investment. Comprising three rooms, a kitchen, and a bathroom, the layout is functional and offers the potential to create a comfortable living space. Situated in a purpose-built block within a residential area, this property is conveniently located near local shops and amenities, as well as Horden Welfare Park. Its close proximity to transport links, including Horden rail station, enhances its appeal. The flat is sold with a leasehold of approximately 83 years remaining and requires a comprehensive refurbishment to unlock its full potential.

Investment analysis

(SR8 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£131
Avg Yield
7.1%

Renovation Potential

Medium 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
40
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +8.1% over the last 12 months
3 year growth: +4.9%
5 year growth: +9.2%
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

Flat 34 Sledmere Close, Peterlee, County Durham, SR8 5JN
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£19
Based on a loan of £3,750 over 30 years at 4.45% 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

Price History

+400.0% since listed
£5,000+£4,000(+400.0%)
11/07/2026
Current price
£1,000Initial listing
19/06/2026

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