Murray Street, Peterlee, County Durham, SR8
By PROPERTY REGEN
£ 10,000
Reviews
1 out of 5 stars
PROPERTY REGEN says ..
Property Regen is excited to bring to market this tenanted mid terrace family home with a located in the coastal town of Horden, Peterlee generating a rental income of £500 PCM (22.2% yield) with a loft conversion providing a 3rd bedroom, accessible from the master bedroom.
Property Oracle says ..
This property is a two-bedroom terraced house located in Horden, County Durham. The location benefits from relatively close proximity to several primary schools, including Cotsford Primary School (rated “Good” by Ofsted) and Horden Nursery School (rated “Outstanding”). Seaham train station is also within a reasonable distance. However, the provided images reveal that the property is in need of significant modernisation and cleaning. The interior shows signs of wear and tear, and the overall condition appears below average. The lack of information regarding square footage and plot size makes it difficult to fully assess the land and value for money aspects. Comparing the list price of £10,000 to nearby property sales ranging from £13,500 to £81,000, and considering the average house price in the area of £48,365, the list price appears exceptionally low, possibly indicating a need for substantial repairs or other factors not immediately apparent. Further investigation into the property’s structural integrity and any potential issues would be necessary before making a final assessment.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 2
- Condition
- 3
- Location
- 6
- 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 %
- Average area rental value
- 513.00 £/moDecreased by 4.65 %
- Est rental Yield
- 14.86 %Increased by 78.39 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
PROPERTY REGEN created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cotsford Primary School | Community School | Good | 0.24 KM |
| Yohden Primary School | Community School | Requires improvement | 0.29 KM |
| Horden Children'S Centre | Children's Centre | 0.31 KM | |
| Horden Nursery School | Local Authority Nursery School | Outstanding | 0.67 KM |
| Dene Academy | Academy Converter | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Coronation Avenue | £ 29,000 | 0 | 0.00 KM |
| Hawthorn Crescent | £ 0 | 0 | 0.00 KM |
| Hawthorne Crescent | £ 69,975 | 0 | 0.00 KM |
| Burnside Avenue | £ 0 | 0 | 0.00 KM |
| Dene Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 9.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Murray Street, Peterlee, County Durham, SR8 | £ 10,000 | BUY | 3 / 10 | 0.00 KM |
| Braemar Terrace, Horden, Peterlee | £ 59,999 | BUY | 7 / 10 | 0.17 KM |
| Glanton Terrace, Horden, Co. Durham | £ 40,000 | BUY | 5 / 10 | 0.19 KM |
| Glanton Terrace, Peterlee, County Durham, SR8 | £ 70,000 | BUY | 5 / 10 | 0.19 KM |
| Beach Grove, Horden, Peterlee, Durham, SR8 4ES | £ 92,500 | BUY | 5 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Murray Street | £ 40,000 | 0.00 KM |
| 23 Murray Street | £ 15,000 | 0.00 KM |
| 15 Murray Street | £ 81,000 | 0.00 KM |
| 5 Murray Street | £ 43,000 | 0.00 KM |
| 31 Murray Street | £ 13,500 | 0.00 KM |