Summary - 81 SEVENTH STREET HORDEN PETERLEE SR8 4LX
2 bed 1 bath Terraced
Chain-free, tenanted Victorian terrace offering immediate rental income and refurbishment potential.
- Two double bedrooms, lounge, kitchen/diner and family bathroom
- Current annual rental income approx. £4,200; property tenanted
- Freehold, chain free — straightforward purchase for investors
- Off-street parking and rear yard; modest outdoor space
- Victorian brick terraced house, built c.1900-1929
- EPC D; cavity walls assumed uninsulated, scope for insulation
- Some damp reported in living room; interior is dated
- Area: very deprived with higher local crime rates
A solid buy-to-let opportunity in Horden offering an immediate income stream and low running costs. This two-bedroom mid-terrace is currently tenanted, producing approximately £4,200 per year, and is sold freehold and chain free — attractive to investors seeking a straightforward purchase and rental continuation.
The house retains period Victorian brickwork and basic double glazing; mains gas central heating with a boiler and radiators is in place. Accommodation comprises lounge, kitchen/diner, two double bedrooms and a family bathroom across approximately 722 sq ft. Off-street parking and a rear yard add practical value for tenants.
Be candid about the work required: the property sits in a very deprived area with higher local crime rates and is in a hard-pressed rented terraces classification. Walls are cavity-built with no confirmed insulation; some damp has been noted in the living room and the interior is basic and dated. EPC grade D indicates scope to improve energy efficiency and rental value via refurbishment and insulation upgrades.
This is best suited to investors or buyers prepared to carry out modest upgrades to raise standards and yields. The low council tax band and excellent mobile/broadband connectivity help rentalability, but factor in local area challenges when calculating long-term returns and tenant demand.
2 bedroom terraced house for sale in Seventh Street, Horden, Peterlee, Durham, SR8 4LX, SR8 — £45,000 • 2 bed • 1 bath • 711 ft²
2 bedroom terraced house for sale in Hudson Avenue, Horden, County Durham, SR8 — £69,950 • 2 bed • 1 bath • 741 ft²
2 bedroom house for sale in Fifth Street, Horden, SR8 — £33,000 • 2 bed • 1 bath • 776 ft²
2 bedroom terraced house for sale in Warren Street, Horden, Peterlee, Durham, SR8 4NA, SR8 — £15,000 • 2 bed • 1 bath • 736 ft²
2 bedroom terraced house for sale in Seventh Street, Peterlee, SR8 — £45,000 • 2 bed • 1 bath • 721 ft²
2 bedroom terraced house for sale in Hudson Avenue, Horden, Peterlee, SR8 — £50,000 • 2 bed • 1 bath • 700 ft²
