McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Mid-Terrace House | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Peterlee
Property Oracle says ..
This two-bedroom terraced house in Horden, Peterlee, is listed at £48,000. The property’s presentation suggests recent renovations or updates to the kitchen and bathroom, creating a relatively modern feel to these rooms. Images indicate a clean and functional space, though some areas, particularly the bedrooms, appear lived-in and not professionally staged, showing visible personal belongings. The small yard provides some outdoor space, though it does not constitute a large garden. The lack of square footage data makes a precise property valuation challenging; however, a comparison to nearby listed properties on Tees Street and other similar terraced houses within the vicinity of Horden suggests the asking price is within the expected range. While the proximity to schools like Dene Academy and Cotsford Primary School is beneficial for families, the 9km distance to the nearest train station (Seaham) should be considered a factor for commuters. Overall, the property offers functional living space at a competitive price point, but potential buyers must weigh the limited outdoor space and assess the condition of those areas not clearly shown in the images.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 41,429.00 £Decreased by 46.58 %
- Average area rental value
- 513.00 £/moDecreased by 4.65 %
- Est rental Yield
- 14.86 %Increased by 78.39 %
- Crime Rate
- 64.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dene Academy | Academy Converter | 0.60 KM | |
| Horden Children'S Centre | Children's Centre | 0.77 KM | |
| Dene House Primary School | Academy Sponsor Led | Requires improvement | 0.77 KM |
| Cotsford Primary School | Community School | Good | 0.78 KM |
| Seascape Primary School | Community School | Good | 1.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dene Street | £ 0 | 0 | 0.00 KM |
| Aged Miners Homes | £ 0 | 0 | 0.00 KM |
| Eden Vale Estate | £ 0 | 0 | 0.00 KM |
| Second Street | £ 0 | 0 | 0.00 KM |
| First Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 9.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Tees Street, Peterlee, SR8 | £ 48,000 | BUY | 5 / 10 | 0.00 KM |
| Tees Street, Peterlee, SR8 4 | £ 40,000 | BUY | 4 / 10 | 0.01 KM |
| South Terrace, Peterlee, SR8 | £ 57,000 | BUY | 5 / 10 | 0.03 KM |
| Tenth Street, Horden, SR8 | £ 29,000 | BUY | 6 / 10 | 0.04 KM |
| 12 Ninth Street, Horden SR8 4LZ | £ 10,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Tees Street | £ 79,999 | 0.00 KM |
| 9 Tees Street | £ 25,500 | 0.00 KM |
| 5 Tees Street | £ 30,000 | 0.00 KM |
| 6 Tees Street | £ 26,500 | 0.00 KM |
| 4 Tees Street | £ 66,999 | 0.00 KM |