Summary - 14 NORTH CRESCENT PETERLEE SR8 3EG
3 bed 1 bath Terraced
Great yield with recent upgrades near schools and transport links, ready to rent or live in.
Recently fitted kitchen and bathroom/WC — move-in ready essentials
Estimated rental income £675pcm (approx. 10.8% annual yield)
Freehold three-bedroom mid-terrace, approx. 776 sq ft
Small overall size and plot — compact living space
Area classified as deprived; modest capital-growth prospects
Average local crime levels; practical tenant profile likely
Gas central heating, double glazing, fast broadband available
No flood risk; very low council tax band
This three-bedroom mid-terrace on North Crescent is a straightforward value purchase for buyers seeking rental returns or an affordable family home. The property is freehold and has recently fitted kitchen and bathroom/WC, gas central heating, and double glazing — making it habitable with minimal immediate works.
Projected rental income of around £675pcm gives an estimated 10.8% annual yield, which, together with being the cheapest three-bedroom on the street, will appeal to buy-to-let investors. The layout includes an entrance hall, lounge, kitchen/diner, ground-floor wet room/WC, and three first-floor bedrooms. Fast broadband and local bus links support lettability.
There are practical limitations to note: the house is small (approx. 776 sqft) on a small plot, built in the 1950–66 period, and sits in an area classified as deprived with average crime levels. These factors may limit capital-growth prospects and attract modest tenant profiles. The property has no flood risk, low council tax band, and enclosed front and rear gardens.
Overall this is a low-cost, low-entry home with recent essential upgrades and clear rental potential. It suits investors wanting immediate income or first-time buyers and families willing to accept a compact footprint in exchange for affordability and convenience to local schools and amenities.
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