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Peterlee, SR8

£40,000|Flat | 2 bedroom | Leasehold|↓0% compared to last sold price
Approximate area: SR8
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Added on 1st April 2026 by Next2Move Sales and Lettings, Peterlee
On the market for 5 months, 13 days
Summary
***VACANT TWO BED APARTMENT***LEASE 125 YEARS FROM APRIL 2008 (APPROX 111 YEARS REMAINING) *** SERVICE QUARTERLEY at £238.75***
Price history
2013 £40,000
  (-55.56%)
2008 £90,000
£40k£60k£80k£100k200820142020May 26Jul 26Sep 26Asking £40,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 15th September 2023 - Valid
EPC rating: C
Property age: 2007-2011
EPC energy efficiency rating: current 80, potential 80
Rent data
5 properties with the same number of bedrooms and style in the same area to let
The asking rent is £550 which represents a yield of 16.5% if buying at the asking price
A yield of 18.3% if purchased for 90% of the asking price (£36,000)
A yield of 20.6% if purchased for 80% of the asking price (£32,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 6th May 2026 the asking price was reduced from £50,000 to £40,000