Seventh Street, Horden, Peterlee, Durham, SR8
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Seventh Street, Horden, Peterlee, Durham, SR8

By Reeds Rains

£ 40,000

Reviews

2 out of 5 stars

Reeds Rains says ..

Reeds Rains exclusively invite you to consider this two bedroom mid terrace house for sale in Horden. The property, which presents an ideal investment opportunity with an annual income of £4200, is being offered with no onward chain. The ground floor briefly comprises a lounge and kitchen/d...

Property Oracle says ..

This two-bedroom terraced house in Horden, County Durham is listed for £40,000. The property requires some renovation work, as seen in the provided images. The bathroom and kitchen appear dated and in need of updating. There is also some damage to the walls in the living room. The property benefits from a small rear yard. The area has a mix of property prices, with some properties selling for significantly less and others for more. The average price for properties in the area is £48,365, but the average price per square foot is not provided, making a direct comparison difficult. The location is close to several schools, including Cotsford Primary School (rated “Good” by Ofsted) and several others, and is approximately 9 km from Seaham train station. Given the condition of the property and the need for renovation, the asking price of £40,000 may be reasonable compared to some of the lower-priced properties in the area, but further investigation into the property’s square footage would be necessary to make a more informed judgment.

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
6
Condition
4
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 %
from 77,547.00 £
Average area rental value
513.00 £/mo
Decreased by 4.65 %
from 538.00 £/mo
Est rental Yield
14.86 %
Increased by 78.39 %
from 8.33 %
Crime Rate
36.00 %
Unchanged by 0.00 %
from 36.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Horden Children'S CentreChildren's Centre0.53 KM
Cotsford Primary SchoolCommunity SchoolGood0.55 KM
Dene AcademyAcademy Converter0.70 KM
Yohden Primary SchoolCommunity SchoolRequires improvement0.82 KM
Dene House Primary SchoolAcademy Sponsor LedRequires improvement0.88 KM

Images

Picture No. 01 Picture No. 07 Picture No. 04 Picture No. 06 Picture No. 05 Picture No. 02 Picture No. 03

Nearby Streets

NameAverage PriceAverage SqftDistance
Dene Street £ 000.00 KM
Second Street £ 000.00 KM
First Street £ 000.00 KM
Coronation Avenue £ 29,00000.00 KM
Hawthorn Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA9.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Seventh Street, Horden, Peterlee, Durham, SR8 £ 40,000BUY4 / 100.00 KM
90 Seventh Street, Horden, Peterlee, County Durham, SR8 £ 20,000BUY5 / 100.03 KM
Seventh Street, Horden, Peterlee, SR8 £ 39,000BUY5 / 100.03 KM
Seventh Street, Peterlee, SR8 £ 47,000BUY4 / 100.04 KM
63 Seventh Street, Horden, Peterlee, County Durham, SR8 4LX £ 22,500BUY4 / 100.05 KM

Nearby Properties

AddressPriceDistance
82 Seventh Street £ 28,2500.04 KM
53 Seventh Street £ 17,0000.04 KM
79 Seventh Street £ 39,9990.04 KM
58 Seventh Street £ 27,5000.04 KM
55 Seventh Street £ 54,0000.04 KM