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47 Eleventh Street Horden, Peterlee, SR8 4QQ - Image 1
47 Eleventh Street Horden, Peterlee, SR8 4QQ - Image 2
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47 Eleventh Street Horden, Peterlee, SR8 4QQ - Image 8
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47 Eleventh Street Horden, Peterlee, SR8 4QQ

North East

£20,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This vacant two-bedroom mid-terraced property is situated in a mature residential area of Horden, Peterlee, presenting a promising opportunity for renovation and investment. The accommodation spans two floors, featuring a welcoming entrance hall that leads to a spacious lounge and kitchen on the ground level. The first floor includes two generously sized double bedrooms, along with a bathroom/WC and landing area. While the property's interiors are currently in need of modernisation and aesthetic upgrades, they offer an excellent canvas for buyers aiming to enhance value through refurbishment. Externally, the property rests on a traditional terraced plot with manageable front and rear gardens. Given its potential for cosmetic improvement, this home is well-suited for investors or owner-occupiers looking for a project to increase both living standards and market value. Located close to a range of local amenities, as well as convenient transport links including the A19 and local railway station, this property promises desirable commuter access while remaining affordable in today's market.

Investment Analysis

(SR8 area)
Area Average
£91/sq ft
Avg Rent (weekly)
£135
Avg Yield
7.5%

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
38
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +9.5% over the last 12 months
3 year growth: +4.6%
5 year growth: +8.1%
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

47 Eleventh Street Horden, Peterlee, SR8 4QQ
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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
£76
Based on a loan of £15,000 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

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