20 Barwick Street, Peterlee, SR8 3SA

Description

• PRIME NEW LISTING. We are excited to present this vacant two-bedroom terraced house located within a prime location in Peterlee.

• **21, Barwick Street, Peterlee SR8 3SA sold for £52,500 in Mar 2023, 20, Station Road, Peterlee SR8 3SD sold for £59,000 in Jun 2025**

• Once renovated, this property offers an incredible investment opportunity with an expected rental income of £650 PCM, translating to £7,800 PA. This equates to an exceptional gross yield of 22.2% based on a competitive guide price, presenting a high-yield potential for keen investors.

• The property requires a full renovation and is sure to appeal to shrewd builders, investors, and developers on the hunt for a unique project that offers remarkable capital growth potential.

• Nestled in a location brimming with convenience, the property is close to a variety of local amenities, including charming restaurants and cosy coffee shops. Additionally, it is situated near schools and offers easy access to public transport, enhancing its appeal for prospective tenants.

PRIME NEW LISTING. We are excited to present this vacant two-bedroom terraced house located within a prime location in Peterlee.

The property comprises a welcoming living room, a kitchen, and a bathroom on the ground floor, accompanied by two spacious bedrooms on the first floor.

Once renovated, this property offers an incredible investment opportunity with an expected rental income of £650 per calendar month, translating to £7,800 annually. This equates to an exceptional gross yield of 22.2% based on a competitive guide price, presenting a high-yield potential for keen investors.

The property requires a full renovation and is sure to appeal to shrewd builders, investors, and developers on the hunt for a unique project that offers remarkable capital growth potential.

Nestled in a location brimming with convenience, the property is close to a variety of local amenities, including charming restaurants and cosy coffee shops. Additionally, it is situated near schools and offers easy access to public transport, enhancing its appeal for prospective tenants.

The property is being offered at a fantastic discount to ensure a sale, appealing to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**21, Barwick Street, Peterlee SR8 3SA sold for £52,500 in Mar 2023, 20, Station Road, Peterlee SR8 3SD sold for £59,000 in Jun 2025**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Peterlee is a vibrant town located in County Durham, known for its strong community spirit and abundance of local amenities. With its convenient access to schools, shops, and public transport, Peterlee offers a comfortable and accessible lifestyle for residents, making it an attractive area for families and investors alike.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.