Summary - 4 THOMAS STREET EASINGTON COLLIERY PETERLEE SR8 3LT
3 bed 1 bath Terraced
Low-cost freehold terrace with clear rental upside after updating.
Chain-free three-bedroom mid-terrace with west-facing rear garden
This three-bedroom mid-terraced house in Easington is offered chain-free and presents a clear investment play or affordable family starter home. The accommodation includes a generous lounge, fitted kitchen, bathroom and three bedrooms across two floors, with gas central heating and double glazing already in place. A west-facing rear garden and enclosed front courtyard add outdoor space despite the small plot.
The property sits in a predominantly working-class neighbourhood with good local amenities, schools rated Good, and direct links to the A19 — factors that support rental demand. The vendor’s estimated rental income is approximately £575pcm (£7,475pa), reflecting the area and property size.
Internally some rooms show dated finishes and limited natural light; cosmetic updating and improved lighting will enhance appeal and rental value. The house is solidly constructed (early 20th-century mid-terrace with filled cavity walls) but should be viewed as a fixer-upper rather than a turnkey move-in for those seeking modern interior standards.
Buyers should be aware the wider area records above-average crime and high deprivation metrics, which influence yield potential and re-sale prospects. For investors seeking a straightforward, low‑cost entry into the local market or for a buyer happy to refurbish, this freehold terrace offers practical space and clear upside after modest works.
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