Purplebricks says ..
**NO ONWARD CHAIN** This three-bedroom end-terrace property presents a fantastic investment opportunity and comes with the added benefit of no onward chain. The ground floor features a spacious lounge, alongside a well-proportioned kitchen and a convenient ground-floor shower room. A lean-to ext...
Property Oracle says ..
This three-bedroom terraced house in Peterlee, County Durham, presents a mixed investment opportunity. Located within reasonable proximity to several schools and transportation (Seaham train station is approximately 8.7km away), the location is moderately convenient. However, the property requires substantial renovation and updating. The kitchen and bathroom are outdated and show significant wear and tear. The interior decor and fittings appear dated, requiring a complete overhaul. Furthermore, the lack of a garden is a significant disadvantage. The property’s listing price of £80,000 reflects the area’s average for similar properties; however, prospective buyers should budget for extensive renovation costs which could substantially impact the overall financial viability of the purchase. Ultimately, the property’s potential value hinges on the successful completion of significant modernisation works.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 5
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 937.00
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Metrics Year-on-Year
- Average area value
- 211,000.00 £Increased by 2.49 %
- Est sale value
- 258,612.00 £Increased by 14.52 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est letting value
- 937.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Seascape Children'S Centre | Children's Centre | 0.71 KM | |
| Seascape Primary School | Community School | Good | 0.77 KM |
| Our Lady Of The Rosary Catholic Primary School | Academy Converter | 1.30 KM | |
| Dene House Primary School | Academy Sponsor Led | Requires improvement | 1.58 KM |
| Our Lady Star Of The Sea Roman Catholic Voluntary Aided Primary | Voluntary Aided School | Good | 1.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Oakcroft Close | £ 0 | 0 | 0.00 KM |
| Grasmere Road | £ 0 | 0 | 0.00 KM |
| Wasdale Close | £ 0 | 0 | 0.00 KM |
| Blanche Grove | £ 0 | 0 | 0.00 KM |
| Armstrong Road | £ 147,475 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 8.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brandlings Way, Peterlee, SR8 | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
| Hale Rise, Peterlee, County Durham, SR8 | £ 60,000 | BUY | 7 / 10 | 0.10 KM |
| Hale Rise, Peterlee, Durham, SR8 5HD | £ 79,950 | BUY | 6 / 10 | 0.13 KM |
| 78 Edenhill Road, Peterlee, County Durham, SR8 5DB | £ 58,000 | BUY | 6 / 10 | 0.17 KM |
| Little Eden, Peterlee, Peterlee, Tyne and Wear | £ 60,000 | BUY | 7 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Derwent Road | £ 65,000 | 0.09 KM |
| 24 Derwent Road | £ 16,500 | 0.09 KM |
| 19 Derwent Road | £ 50,000 | 0.09 KM |
| 2 Derwent Road | £ 53,500 | 0.09 KM |
| 76 Edenhill Road | £ 53,000 | 0.16 KM |