22 Gordon Avenue, Peterlee
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22 Gordon Avenue, Peterlee

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We have confidence in this estimated current valuation Updated recently
£110,500
Or £718 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 27, 2025
£65,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 22 Gordon Avenue, Peterlee, a cozy and compact terraced type home with 2 bed in the SR8 4QN area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £110,500 and a rental potential of £718 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 27, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"

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 .














"

Property Data

Data point Compared to road
Tax band A
101 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £503 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Seascape Primary School
0.4mi
Acre Rigg Academy
0.5mi
Acre Rigg Infant School
0.5mi
East Durham College
0.6mi
Endeavour Academy Durham
0.6mi
Nearby Stations
Seaham Station
5.1mi
Hartlepool Station
7.5mi
Seaton Carew Station
9.2mi
Park Lane Station
9.5mi
University Station
9.7mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 22 Gordon Avenue, Peterlee worth?

    22 Gordon Avenue, Peterlee is now worth £110,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 22 Gordon Avenue, Peterlee - click click here to get a valuation with no strings attached.

  2. What is the rental value of 22 Gordon Avenue, Peterlee?

    The current rental valuation for this property is £718 per month, within a price range of £646 and £790.

  3. How many bedrooms does 22 Gordon Avenue, Peterlee have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 22 Gordon Avenue, Peterlee?

    Nearby schools in include Seascape Primary School, Acre Rigg Academy, Acre Rigg Infant School, East Durham College, Endeavour Academy Durham

    Nearby stations in include Seaham Station, Hartlepool Station, Seaton Carew Station, Park Lane Station, University Station.

  5. What type of property is 22 Gordon Avenue, Peterlee

    This is a Terraced property. There are 25 other Terraced properties on GORDON AVENUE, and 28 in total.

  6. When was 22 Gordon Avenue, Peterlee built? How old is 22 Gordon Avenue, Peterlee?

    22 Gordon Avenue, Peterlee was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Sunderland, Tyne And Wear Seaham, Durham Peterlee, Durham