Seaside Lane, Easington, Peterlee, County Durham, SR8
DO

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 %
from 205,865.00 £
Est sale value
234,600.00 £
Increased by 14.52 %
from 204,850.00 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
850.00 £/mo
Unchanged by 0.00 %
from 850.00 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
49.00 %
Unchanged by 0.00 %
from 49.00 %

Agent Activity

  • Dowen created the listing.

Nearby Schools

NameTypeOfstedDistance
Rosemary Lane Nursery SchoolLocal Authority Nursery SchoolOutstanding0.23 KM
Hope Wood AcademyAcademy Special ConverterGood0.38 KM
Easington AcademyAcademy ConverterGood0.44 KM
Easington Cofe Primary SchoolVoluntary Controlled SchoolGood0.72 KM
Easington Children'S CentreChildren's Centre1.46 KM

Images

IMG_5664 IMG_5644 IMG_5655 IMG_5656 IMG_5650 IMG_5654 IMG_5632 IMG_5633 IMG_5635 IMG_5636 IMG_5637 IMG_5642 IMG_5640 IMG_5630 IMG_5629 IMG_5660 IMG_5659 IMG_5662

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Mews £ 000.00 KM
Seaton Close £ 171,22500.00 KM
South Side £ 000.00 KM
Sea View £ 75,00000.00 KM
Saint Marys Close £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA6.02 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
Carmel Grove £ 195,0000.02 KM
Ivy House £ 72,0000.02 KM
Linton House £ 160,0000.06 KM
Lion House £ 178,0000.09 KM
1 Low Row £ 78,0000.09 KM