Gordon Avenue, Peterlee, County Durham, SR8
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- TENURE - FREEHOLD
- SPACIOUS AND WELL PRESENTED
- QUIET AND SOUGHT AFTER LOCATION
- BEAUTIFULLY PRESENTED FAMILY HOME
- SOLD WITH TENANT IN SITU
- CLOSE TO LOCAL AMENITIES
Description
Charming Two-Bedroom Mid-Terrace Home with Loft Conversion in Horden
Discover this delightful two-bedroom mid-terrace house located at Gordon Avenue, Horden, Peterlee SR8 4QN. This property, currently tenanted, offers a great investment opportunity or a welcoming home in a community-oriented village known for its historical charm and modern conveniences.
Property Features:
Two Bedrooms: Spacious and welcoming, each bedroom provides ample space for personalization.
Loft Conversion: An additional loft room adds valuable extra space, perfect for a home office, playroom, or guest room.
Comfortable Living Room: An inviting space with enough room for both dining and leisure activities, ideal for family gatherings.
Functional Kitchen: Equipped with modern amenities and plenty of storage, designed for practical and efficient use.
Well-Maintained Bathroom: Features all necessary installations for convenience and comfort.
Outdoor Areas: A quaint front courtyard and a private rear garden, perfect for outdoor relaxation and entertaining.
Local Area and Amenities:
Horden, part of Peterlee in County Durham, is a village rich in mining history and known for its strong community spirit. The area offers various local amenities including shops, pubs, and community centers. Nearby, residents can enjoy beautiful beaches and countryside, ideal for outdoor activities.
Schools: The area is served by several schools, such as Seascape Primary School, Dene Academy, and East Durham College, providing education for all age groups.
Transport Links: Horden is well-connected via the Horden Railway Station on the Durham Coast Line, providing excellent links to nearby cities. Additionally, local bus services and easy access to major roads ensure convenient travel.
Local Services: Various dining options, from cafes to takeaways, and pubs like The Legion and Horden Catholic Club, ensure a vibrant local community.
Investment Potential:
This property is currently occupied with a tenant, promising immediate rental income. The tenancy terms include a rent of £475 per calendar month, and the tenant has been in place for over a year.
Rental Yield:
To calculate the rental yield:
Annual Rent = £475 * 12 = £5,700
Purchase Price = £90,000
Yield = (Annual Rent / Purchase Price) * 100 = (£5,700 / £90,000) * 100 = 6.33%
This makes it an appealing option for investors seeking a steady return, with a yield of approximately 6.33%. Comparable properties in the area have shown consistent appreciation, with recent sales indicating a strong market presence .
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Gordon Avenue, Peterlee, County Durham, SR8
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About Dowen, Peterlee
1 Yoden Way, Peterlee SR8 1BP
- WE ARE SELLING HOUSES
- IN PETERLEE & THE VILLAGES:
- DETACHED SEMIS BUNGALOWS TERRACED FLATS:
- WE'VE GOT 100'S OF BUYERS REGISTERED
- PLEASE CONTACT US FOR A FREE VALUATION:
- GIVE US 15 MINUTES TO PITCH FOR YOUR CUSTOM:
- AND THE CHANCE TO TELL YOU ABOUT US
- AND THAT WE WON'T BE BEATEN ON FEES:
- WE ARE SELLING HOUSES
- LET'S MAKE YOURS THE NEXT
- CLICK CONTACT US TO BOOK YOUR FREE VALUATION
- We Offer
- 5 STAR SERVICE - ALWAYS
- FABULOUS TOWN CENTRE BRANCH
- MASSIVE WINDOW DISPLAY
- AUTOMATED BUYER SELLER MATCHING
- ON-LINE 24-7 ON RIGHTMOVE & OTHER WEBSITES
- MOTIVATED PROFESSIONAL SALES AGENTS
- FEEDBACK AFTER EVERY VIEWING
- REGULAR SALE PROGRESS CONTACT
- ALWAYS SOMEONE TO SPEAK TO FACE TO FACE
- OVER 35 YEARS SELLING IN PETERLEE & THE VILLAGES
- EXCEPTIONAL ESTATE AGENCY : AT ITS BEST
Over 30 Years Of Successful Selling In County Durham
Dowen Auctions Sales & Lettings was established in 1982
Over the years the firm has continued to evolve and now has 8 estate agency branches and 3 bespoke auction stores offering coverage over mid North East England from the coast to the A1 corridor.
Dowen was a founding member of The Great North Property Auction which has sold hundreds of properties since its inception in 2011.
The Dowen Lettings Department is very successful with hundreds of homes under management.
Conveyancing at competitive rates is offered via a panel of local solicitors.
Dowen is a service focussed organisation where all personnel commit to delivering the highest standards of professionalism and customer service.
We subscribe to the National Associations of Estate Agents + The Property Ombudsman and as such abide by the strict code of good estate agency practice laid down by these organisations.
YOUR NEXT MOVE SHOULD BE TO CALL DOWEN PETERLEEOur enormous stunningly presented Peterlee branch sits at the head of the town centre straight opposite the Post Office.
Wander inside you'll find a team of friendly, motivated property professionals who will be more than delighted to help you buy or rent your next home or likewise sell or let your current property.
The branch also has a bespoke showroom representing The Great North Property Auction. If you would like to try for a quick sale at auction..... contact us the region's best selling agent at The Great North Property Auction.
If you are ready to sell, auction or let your property..... or stuck with another agent going nowhere.....your next move should be to ask for a FREE VALUATION from Dowen Peterlee.
Simply call in or phone us on 0191-5180181.... we will be delighted to be of service to you
WE'RE SELLING & LETTING HOUSES...... Let's Make Yours The Next
THE GREAT NORTH PROPERTY AUCTION : PETERLEEDowen was one of the 3 estate agents which founded the Great North Property Auction in tandem with auctioneers IAM-SOLD at the end of 2012. From the day of launch, it has been a runaway success with over 2500 properties now sold.
We now have 3 bespoke Great North Property Auction stores in Sunderland, Peterlee and Hartlepool, whilst all our other branches are set up and equipped to offer properties via auction.
If you are looking for a alternative way to sell your property in the Peterlee area with no estate agency fees to pay, contact us on 0191-5180181 for a free auction valuation and advice on how best to offer your property for sale at The Great North Property Auction.
We Successfully Auction Properties..... let's make yours the next
Picture shows our Peterlee - Great North Property Store
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