Summary - 11 TARN CLOSE PETERLEE SR8 5PB
2 bed 1 bath End of Terrace
Low-cost two-bed end terrace — investment yield potential with light refurbishment.
Freehold two-bedroom end-terrace with garage and small west-facing garden
This two-bedroom end-terrace offers a clear entry point for first-time buyers or buy-to-let investors seeking strong rental returns. Internally the home feels larger-than-average thanks to a substantial lounge, functional dining kitchen and two double bedrooms; the layout suits simple modernization rather than heavy structural work. The property is freehold and benefits from gas central heating, double glazing and a small garage — practical features that minimise immediate major costs.
Externally the house has enclosed west-facing patio gardens and an enclosed rear courtyard with two storage outbuildings. The plot is small and the front curb appeal is currently neglected, so modest exterior attention will significantly improve appearance and tenant or owner appeal. The EPC rating is D and the boiler and glazing dates are unknown; factor in potential efficiency upgrades if low bills or improved EPC are priorities.
Location is convenient for local amenities, Castle Dene Shopping Centre, good-rated primary and secondary schools and the new Horden railway station with direct A19 access. Note the area is classified as very deprived with higher local crime rates and a public notice/repo history on the file; these are material factors that can affect resale and letting demand and require realistic pricing and tenant screening.
Priced at £55,000, the property presents potential for circa 10% gross rental yield in the current market, but it will suit buyers who accept some cosmetic refurbishment and active management. For purchasers prioritising low entry cost and rental return, this is a practical, straightforward opportunity; those seeking low-crime, affluent locations should consider alternatives.
2 bedroom end of terrace house for sale in Harrison Close, Peterlee, SR8 — £70,000 • 2 bed • 1 bath • 948 ft²
2 bedroom semi-detached house for sale in Surtees Road, Peterlee, Durham, SR8 5HA, SR8 — £65,000 • 2 bed • 1 bath • 808 ft²
2 bedroom terraced house for sale in Wheatley Terrace, Wheatley Hill, County Durham, DH6 3RW, DH6 — £65,000 • 2 bed • 1 bath • 754 ft²
2 bedroom terraced house for sale in Nottingham Place, Peterlee, Durham, SR8 2DL, SR8 — £74,995 • 2 bed • 1 bath • 899 ft²
2 bedroom end of terrace house for sale in North Crescent, Easington, County Durham, SR8 3EQ, SR8 — £54,950 • 2 bed • 1 bath • 711 ft²
3 bedroom end of terrace house for sale in Adrian Place, Peterlee, County Durham, SR8 5SR, SR8 — £60,000 • 3 bed • 1 bath • 990 ft²
