Summary - 53 SURTEES ROAD PETERLEE SR8 5HA
2 bed 1 bath Semi-Detached
Two-bedroom freehold with rental income potential, opposite town centre amenities..
No onward chain — quick, hassle-free purchase
Estimated rental income £550pcm (£7,150pa)
Freehold with EPC C and mains gas heating
Modern kitchen with appliances included
Small rear garden; limited extension potential
Built 1967–1975; concrete/brutalist exterior may need upkeep
High local crime rate and very deprived area — affects demand
Double glazing present; installation date unknown
This two-bedroom semi-detached house in central Peterlee offers immediate rental potential and a straightforward, chain-free purchase. Positioned directly opposite town-centre amenities and close to several Good-rated schools, the property is well placed for tenants or buyers seeking convenience and transport links.
Internally the layout is traditional with a lounge, second reception area, fitted kitchen (appliances included) and two double bedrooms upstairs. The property is freehold, EPC C, and the vendor’s rental estimate of around £550pcm (£7,150pa) points to a clear income case for investors or buyers starting out.
Buyers should note the surrounding area scores high for crime and is classified as very deprived; this affects long-term yield and tenant mix. The building dates from the late 1960s/early 1970s and displays a brutalist, concrete-style exterior and flat roof, which may need periodic maintenance. Double glazing is present but install date is unknown. The small rear garden and compact plot suit low-maintenance living but limit extension potential.
Overall this is a pragmatic, low-cost entry opportunity: ideal for an investor seeking immediate let-ready stock or a first-time buyer willing to accept an urban location and carry out targeted external upkeep.
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