Noble Street, Peterlee
- BEDROOMS
3
- BATHROOMS
1
- SIZE
894 sq ft
83 sq m
- 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
Description
Property features:
* Three bedrooms
* One lounge
* Fitted kitchen
* Family bathroom
* Front and rear gardens
* Mid-terrace
* Freehold tenure
* Council Tax Band A
* Currently tenanted at £495 PCM
Rental yield:
* Asking price: £55,000
* Annual rent: £5,940
* Gross yield: approximately 10.8%
* Suitable for halal mortgage structures (e.g. Diminishing Musharakah)
Location and amenities:
Noble Street is located in the heart of Peterlee and benefits from easy access to a range of local amenities, including supermarkets, high street shops, cafes, and healthcare services. The area is well-connected and popular with families and working tenants.
Transport links:
* Convenient access to the A19 for commuting to Sunderland, Durham, and Hartlepool
* Regular local bus routes serving the town and nearby areas
* Durham train station is approximately 12 miles away, offering regional and national rail services
Schools and education:
* Close to several primary and secondary schools, including Dene House Primary and The Academy at Shotton Hall
* Local nurseries and early years care also nearby
This tenanted property offers immediate income potential with strong gross yields. Its affordability, stable rental history, and suitability for ethical finance structures such as halal mortgages make it an attractive option for both new and experienced investors.
To arrange a viewing or request further information, please contact Stonebanks today!
Brochures
Noble Street, PeterleeBrochure- 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.
- Off street
- 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
Energy performance certificate - ask agent
Noble Street, Peterlee
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Visit our security centre to find out moreDisclaimer - Property reference 33890842. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by STONEBANKS UK LTD, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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