Skip to main content Skip to footer

2 bed terraced house for sale

£15,000 Offers over

Seventh Street, Horden, Peterlee SR8

2 1 1
Interested in this property? Call +44 191 511 8388 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Ideal Investment
  • 2 Bed End Terraced
  • Requires Works
  • Yield of 15% Achievable
  • Yard To Rear

Property description

*** ideal investment*** A two bedroom end terraced property which does require full re-furbishment. We have been quoted around £8,000 for the works. Properties in the area rent for around £350-£375pcm therefore a yield of 15% is achievable on this property. For further details of this investment and any of our other ready made investment deals please contact us today.

Property info

Market activity
Average price paid £84,010 Sales 344 Current average value £93,670 (Zoopla Zed-Index) Value change £911 ▲ 0.98%

Property value data/graphs for SR8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £178,034 £123 3.4 £188,250
Semi-detached £89,905 £95 2.8 £89,196
Terraced £62,860 £79 2.6 £48,371
Flats £62,784 £110 1.9 -

Current asking prices in SR8

Average: £95,303
Avg. current asking prices in SR8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £52,360
(95)
£91,566
(91)
£205,602
(22)
£255,460
(5)
Flats £54,995
(1)
£67,500
(3)
- - -
All £54,995
(1)
£52,824
(98)
£91,566
(91)
£205,602
(22)
£255,460
(5)

Current asking rents in SR8

Average: £403 pcm
Avg. current asking prices in SR8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £365 pcm
(54)
£433 pcm
(32)
£513 pcm
(3)
£750 pcm
(1)
Flats £394 pcm
(1)
£375 pcm
(6)
- - -
All £394 pcm
(1)
£366 pcm
(60)
£433 pcm
(32)
£513 pcm
(3)
£750 pcm
(1)

Fun facts for SR8

Highest value in SR8
Highest value streets Zed-Index
Lorimers Close £317,747
Marwood Grove £286,815
Nursery Gardens £269,624
Stockton Road £242,975
Lumley Drive £231,668
Highest turnover in SR8
Highest turnover streets Turnover
Twelfth Street 62.5%
Warren Street 48.3%
Eleventh Street 42.0%
Tees Street 40.0%
Kendal Close 36.8%

What Zoopla users think of Horden

Overall rating:

  • currently 3 stars
Good - 57% (18 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Horden:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Seaham (5.3 miles)
  • Hartlepool (6.7 miles)
  • Seaton Carew (8.5 miles)
  • Durham Tees Valley Airport (18.1 miles)
  • Newcastle Airport (24.4 miles)
  • Leeds Bradford International Airport (63.5 miles)
  • Transporter Bridge North Side (12.7 miles)
  • Transporter Bridge South Side (12.8 miles)
  • Newcastle International Ferry Terminal (16.9 miles)

Nearby schools

View all schools in County Durham
  • Cotsford Junior School (0.2 miles)
  • Yohden Primary School (0.2 miles)
  • Cotsford Infant School (0.4 miles)
  • East Durham College (1.4 miles)
  • Hartlepool Sixth Form College (6.8 miles)
  • Hartlepool College of Further Education (6.8 miles)
  • Dene Community School (0.3 miles)
  • St Bede's Catholic Comprehensive School and Byron College (1.4 miles)
  • The Academy at Shotton Hall (1.8 miles)
Note: Distances are straight line measurements

Local info for County Durham

About the neighbours in SR8

AskMe Q&A for County Durham

Ask a question

See all AskMe Q&A in County Durham

For more information about this property, please contact
Morgan Grey, DH9 on +44 191 511 8388 * (local rate)

Monthly running costs Beta

£281 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,500
Repayment term 25
Interest rate 1.5
Your payment £53 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £99,000 Average insurance cost £10/mo (£120/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £31 Electricity £36 Estimated energy cost £67/mo

Similar properties could save up to £288

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11400 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

County Durham

Estimated tax band A Council tax cost £120 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £14 Sewerage £17 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Morgan Grey about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Morgan Grey, and do not constitute property particulars. Please contact Morgan Grey for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

9 more properties like this

View all Seventh Street property for sale