Basingstoke Road, Peterlee, Durham, SR8 2AW
PA

Basingstoke Road, Peterlee, Durham, SR8 2AW

By Pattinson Estate Agents

£ 60,000

Reviews

3 out of 5 stars

Pattinson Estate Agents says ..

**TENANTED INVESTMENT OPPORTUNITY - CURRENTLY LET AT £500PCM** Pattinson Estate Agents welcome for sale this impressive two-bedroom semi-detached property situated on Basingstoke Road, Peterlee. The property briefly comprises: lounge, open-plan kitchen and dining area are located on grou...

Property Oracle says ..

This property is a 2 bedroom semi-detached house located in Peterlee, County Durham. The property is listed at £60,000 and has a total area of 839.59 sqft. The average price for similar properties in the area is £226,037, with an average price per sqft of £239.00. This suggests that the property is significantly underpriced compared to the local market average. However, it is important to note that the provided nearby listings show a range of prices, indicating some variability in the market. The property appears to be in good condition based on the provided images, with a recently updated kitchen and bathroom. There is a small garden at the rear of the property. The location is close to several schools and has access to public transport, which is positive. Overall, this property may represent a good investment opportunity, but a thorough inspection is advised before purchase.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
10
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
839.59
Lot (est)
839.59

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
231,726.84 £
Increased by 14.52 %
from 202,341.19 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
839.59 £/mo
Unchanged by 0.00 %
from 839.59 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Endeavour Academy DurhamFree Schools Alternative ProvisionGood0.48 KM
East Durham CollegeFurther EducationGood0.48 KM
Acre Rigg AcademyAcademy Sponsor LedGood0.61 KM
Acre Rigg Infant SchoolCommunity SchoolGood0.61 KM
Our Lady Of The Rosary Catholic Primary SchoolAcademy Converter0.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Northampton Road £ 000.00 KM
Southway £ 000.00 KM
Mitchell Close £ 174,95000.00 KM
Armstrong Road £ 147,47500.00 KM
Oakcroft Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA8.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Basingstoke Road, Peterlee, Durham, SR8 2AW £ 60,000BUY7 / 100.00 KM
21 Neville Road, Peterlee, County Durham, SR8 £ 20,000BUY5 / 100.08 KM
Newark Close, Peterlee, Durham, SR8 2AS £ 53,500BUY7 / 100.10 KM
Newark Close, Peterlee, Durham, SR8 2AS £ 60,000BUY7 / 100.10 KM
Neville Road, Peterlee £ 72,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
36 Neville Road £ 45,2500.06 KM
38 Neville Road £ 75,0000.06 KM
62 Neville Road £ 78,0000.06 KM
21 Neville Road £ 8,250,0000.06 KM
29 Neville Road £ 76,0000.06 KM