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Peterlee, SR8

£68,000|Terraced | 2 bedroom | Freehold|↑78.95% compared to last sold price
Approximate area: SR8
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Added on 15th May 2026 by Dowen, Peterlee
On the market for 3 months, 29 days
Summary
A well presented 2 bed mid terraced home on Lancaster Hill in Peterlee, this property is genuinely ready to move into, offering a blend of comfort, space and modern practicality that suits first time buyers, downsizers or anyone seeking a well kept home in a convenient location.
Price history
2008 £38,000
£30k£40k£50k£60k£70k200820142020Jun 26Aug 26Asking £68,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 1st June 2026 - Valid
EPC rating: D
Property age: 1950-1966
EPC energy efficiency rating: current 64, potential 78
Rent data
17 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £450 to £700 which represents a yield of between 7.9% and 12.4% if buying at the asking price
A yield of 8.8% to 13.7% if purchased for 90% of the asking price (£61,200)
A yield of 9.9% to 15.4% if purchased for 80% of the asking price (£54,400)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,400.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 3rd September 2026 the asking price was reduced from £70,000 to £68,000

Peterlee, SR8

£70,000
Click to visit Rightmove listing
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End of Terrace | 2 bedroom
Added on 1st May 2026 by Kimmitt and Roberts, Seaham
Started tracking 4 months, 13 days ago
Changes to property since tracking began
On 14th May 2026 the asking price was reduced from £75,000 to £70,000