Ninth Street, Peterlee, SR8
MC

Ninth Street, Peterlee, SR8

By McGowan Housing

£ 48,000

Reviews

2 out of 5 stars

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, County Durham, is listed at £48,000. The property’s location offers access to local schools, including one with a ‘Good’ Ofsted rating, and is within reasonable travelling distance of Seaham train station. However, the area’s overall desirability might be a factor for some potential buyers. The interior of the property, as presented in the photos, needs significant cleaning and would benefit from some cosmetic improvements. Although the kitchen and bathroom appear relatively recently updated, the rest of the property seems to be in need of modernisation, in terms of both cleanliness and decoration. The property includes a small backyard area, which offers some limited outdoor space. The price reflects local market trends, with similar properties in the area selling for comparable amounts. It is important to note the absence of critical information; the square footage, the property type (e.g., mid-terrace, end-terrace), and precise plot size, makes it challenging to provide a completely informed evaluation. Prospective buyers should consider both the property’s potential and the necessity for refurbishment costs when making an offer.

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
5
Location
4
Land
2
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
56.00 %
Unchanged by 0.00 %
from 56.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Dene AcademyAcademy Converter0.58 KM
Horden Children'S CentreChildren's Centre0.68 KM
Cotsford Primary SchoolCommunity SchoolGood0.69 KM
Dene House Primary SchoolAcademy Sponsor LedRequires improvement0.76 KM
Yohden Primary SchoolCommunity SchoolRequires improvement0.94 KM

Images

Lounge Kitchen Kitchen Bathroom Bathroom Bedroom Bedroom Bedroom External External External

Nearby Streets

NameAverage PriceAverage SqftDistance
Dene Street £ 000.00 KM
Aged Miners Homes £ 000.00 KM
Second Street £ 000.00 KM
Eden Vale Estate £ 000.00 KM
First Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA9.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ninth Street, Peterlee, SR8 £ 48,000BUY4 / 100.00 KM
17 Ninth Street, Horden, Peterlee, County Durham, SR8 4LZ £ 35,995BUY4 / 100.01 KM
Ninth Street, Peterlee, SR8 £ 9,000BUY5 / 100.01 KM
12 Ninth Street, Horden, Peterlee, County Durham, SR8 4LZ £ 10,000BUY3 / 100.03 KM
12 Ninth Street Horden, Peterlee, SR8 4LZ £ 8,000BUY4 / 100.03 KM

Nearby Properties

AddressPriceDistance
30 Ninth Street £ 21,0000.01 KM
38 Ninth Street £ 27,5000.01 KM
9 Ninth Street £ 27,0000.04 KM
18 Ninth Street £ 32,0000.04 KM
36 Ninth Street £ 33,9950.04 KM