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Seventh Street, Horden SR8

North East

£45,000
Listed on 12/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
732 sqft

Description

This two-bedroom mid-terrace home in Horden, Peterlee presents an invaluable chance for investors or those keen on a renovation venture. Currently unoccupied, the property requires comprehensive modernisation throughout, creating a significant opportunity to enhance its value. Conveniently positioned near local amenities and transport connections, including Horden train station and the scenic Horden Beach, accessibility is a strong point of this location. **Ground Floor** Upon entry, you are welcomed into a spacious living area that provides a comfortable reception space and leads to a separate kitchen at the rear. The kitchen has direct access to the rear courtyard garden, offering ample opportunity for redesign and upgrade according to personal taste. **First Floor** On the upper level, there’s a sizeable double bedroom alongside a larger single bedroom. The first floor also features a bathroom equipped with essential fittings such as a bath and toilet. **Outside Space** The exterior includes a compact courtyard-style garden at the back with rear access, which can be transformed into an appealing outdoor retreat once renovations are completed. **Location Highlights** Set in Horden, this property benefits from proximity to various shops and services while enjoying good transport links. With Horden train station just moments away and the nearby beach offering leisure possibilities, this location enhances its appeal for potential buyers or renters alike.

Investment Analysis

(SR8 area)

Below Market Value

This property is priced -34.1% below area average per sq ft

-34.1%
Potential saving
This Property
£61/sq ft
Area Average
£93/sq ft
Avg Rent (weekly)
£127
Avg Yield
7.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£75,125
10% above area average per sq ft
Potential ROI
-11.6%
After renovation
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 +17.2% over the last 12 months
3 year growth: +6.9%
5 year growth: +17.1%
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, Horden SR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£159
Based on a loan of £33,750 over 30 years at 3.91% 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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