Seaside Lane, Easington, Peterlee, County Durham, SR8
By Dowen
£ 89,950
Reviews
2 out of 5 stars
Dowen says ..
Welcome to this versatile and unique property, presenting an exceptional investment opportunity for both seasoned investors and growing families. Located in a prime spot, the property, previously a mixed-use commercial/residential space, is now fully residential, offering multiple income...
Property Oracle says ..
This property is located on Seaside Lane in Easington, County Durham. The area has a mix of property types and prices, with some properties commanding significantly higher values than others. The average price per square foot in the area is £239, which is considerably higher than the listed price of this property. The property itself is a three-bedroom house with one bathroom. Based on the provided images, the property appears to be in need of some renovation and modernisation. The kitchen and bathroom are particularly dated. While the location offers proximity to schools like Rosemary Lane Nursery School and Hope Wood Academy, and the Seaham train station is within reasonable distance, the lack of a garden is a notable drawback. Given the condition of the property, the need for renovation, and the lack of a garden, the listed price of £89,950 may seem reasonable compared to some other properties in the area, especially those in need of significant work. However, it is important to factor in the cost of renovations before making a final decision.
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
- 6
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 850.00
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
- 211,000.00 £Increased by 2.49 %
- Est sale value
- 234,600.00 £Increased by 14.52 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est letting value
- 850.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 49.00 %Unchanged by 0.00 %
Agent Activity
Dowen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rosemary Lane Nursery School | Local Authority Nursery School | Outstanding | 0.23 KM |
| Hope Wood Academy | Academy Special Converter | Good | 0.38 KM |
| Easington Academy | Academy Converter | Good | 0.44 KM |
| Easington Cofe Primary School | Voluntary Controlled School | Good | 0.72 KM |
| Easington Children'S Centre | Children's Centre | 1.46 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Victoria Mews | £ 0 | 0 | 0.00 KM |
| Seaton Close | £ 171,225 | 0 | 0.00 KM |
| South Side | £ 0 | 0 | 0.00 KM |
| Sea View | £ 75,000 | 0 | 0.00 KM |
| Saint Marys Close | £ 220,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 6.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Seaside Lane, Easington, Peterlee, County Durham, SR8 | £ 89,950 | BUY | 4 / 10 | 0.00 KM |
| Seaside Lane, Easington, Peterlee, County Durham, SR8 | £ 325,000 | BUY | 7 / 10 | 0.02 KM |
| Low Row, Peterlee, County Durham, SR8 | £ 385,000 | BUY | 5 / 10 | 0.08 KM |
| High Green Court, Low Row, Easington Village, County Durham SR8 3AU | £ 695,000 | BUY | 5 / 10 | 0.11 KM |
| Victoria Mews, Easington Village, Peterlee, County Durham, SR8 | £ 185,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Carmel Grove | £ 195,000 | 0.02 KM |
| Ivy House | £ 72,000 | 0.02 KM |
| Linton House | £ 160,000 | 0.06 KM |
| Lion House | £ 178,000 | 0.09 KM |
| 1 Low Row | £ 78,000 | 0.09 KM |