Available
house
2 bed End Terrace House For Auction
Property Description
TO BE SOLD BY ONLINE AUCTION ON 10TH–11TH JUNE 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
55 Kirkstone Avenue, Peterlee, County Durham, SR8 5LJ
A tenanted two-bedroom end-terrace property offering an excellent opportunity for investors seeking an income-producing asset with a strong potential yield. The property is currently let at £650 per calendar month, producing an annual rental income of £7,800.
Edward Mellor has not yet inspected the property, but it is reported to comprise an entrance lounge, fitted kitchen/diner, two first-floor bedrooms and a bathroom suite.
Additional benefits are reported to include uPVC double glazing, gas central heating, gardens to both the front and rear, a decking patio area and brick-built storage.
Here are some similar properties taken from Land Registry which have sold close by and highlight the potential:
3 Malt Crescent, Peterlee, SR8 4N Sold - £95,000 18/09/2025 2 bed Terraced 0.47 mi
50 Kent Walk, Peterlee, SR8 2BS Sold - £92,500 20/06/2025 2 bed Terraced 0.89 mi
4 Rosedale Terrace, Peterlee, SR8 4RF Sold - £90,000 20/02/2026 2 bed Terraced 0.33 mi
The property is conveniently positioned within walking distance of Peterlee town centre, providing access to local shops, supermarkets, schools and everyday amenities. The area also benefits from nearby transport links, making it a practical location for tenants and commuters.
55 Kirkstone Avenue, Peterlee, County Durham, SR8 5LJ
A tenanted two-bedroom end-terrace property offering an excellent opportunity for investors seeking an income-producing asset with a strong potential yield. The property is currently let at £650 per calendar month, producing an annual rental income of £7,800.
Edward Mellor has not yet inspected the property, but it is reported to comprise an entrance lounge, fitted kitchen/diner, two first-floor bedrooms and a bathroom suite.
Additional benefits are reported to include uPVC double glazing, gas central heating, gardens to both the front and rear, a decking patio area and brick-built storage.
Here are some similar properties taken from Land Registry which have sold close by and highlight the potential:
3 Malt Crescent, Peterlee, SR8 4N Sold - £95,000 18/09/2025 2 bed Terraced 0.47 mi
50 Kent Walk, Peterlee, SR8 2BS Sold - £92,500 20/06/2025 2 bed Terraced 0.89 mi
4 Rosedale Terrace, Peterlee, SR8 4RF Sold - £90,000 20/02/2026 2 bed Terraced 0.33 mi
The property is conveniently positioned within walking distance of Peterlee town centre, providing access to local shops, supermarkets, schools and everyday amenities. The area also benefits from nearby transport links, making it a practical location for tenants and commuters.
Available
Lot 2
£55,000
Guide price — final price set at auction
