Fairbairn Road, Peterlee, County Durham, SR8 5EW
Listed 20 Oct 2026 · Peterlee
How the price compares
Key features
- SOLD WITH SITTING TENANT PAYING £595PCM
- 8.4% YIELD
- END TERRACED HOUSE
- TWO DOUBLE BEDROOMS
- DOUBLE DRIVEWAY
- REAR GARDEN
- 12FT LIVING ROOM
- DOWNSTAIRS W/C
- SOUGHT AFTER PETERLEE LOCATION
About this home
Situated on the ever-popular Fairbairn Road in Peterlee, this two-bedroom end terraced home presents an excellent investment opportunity and is offered for sale with a sitting tenant currently paying £595 per calendar month, providing an immediate rental income from day one. Well maintained throughout and offering generous living accommodation, the property is ideally suited to landlords seeking a ready-made addition to their portfolio.
The accommodation begins with an entrance hall which provides access to the first floor and a convenient ground floor WC. The well-proportioned kitchen/diner offers ample space for both cooking and dining, making it a practical and sociable area of the home. To the rear, the spacious 12ft living room enjoys an abundance of natural light and benefits from patio doors opening directly onto the rear garden, creating a pleasant connection between the indoor and outdoor spaces.
To the first floor, the landing provides access to two generous double bedrooms, both offering comfortable accommodation with space for additional furnishings. Completing the upper floor is a family bathroom fitted with a three-piece suite.
Externally, the property benefits from excellent off-street parking with a gravelled double driveway to the front. To the rear, there is an enclosed garden which is mainly laid to lawn, complemented by a patio seating area ideal for enjoying the warmer months or creating an attractive outdoor space for tenants.
Located within easy reach of Peterlee town centre, local schools, amenities and transport links, this property combines a convenient location with a reliable rental income, making it an attractive proposition for buy-to-let investors looking for a straightforward purchase with a tenant already in situ.
Hall 4.6228m x 1.8542m - 15'2" x 6'1" UPVC Door, Radiator, stairs leading to the first floor landing
Cloaks/Wc 1.4732m x 0.8382m - 4'10" x 2'9" Low level w/c, wash hand basin, radiator
Kitchen 3.5306m x 1.8542m - 11'7" x 6'1" Fitted with a range of wall and base units with complementing work surfaces, splash back tiling, Induction hob, extractor hood, electric oven, integrated fridge/freezer, space for washing machine, stainless steel sink with drainer and mixer tap, boiler, radiator, double glazed window to the front elevation
Living Room 3.82m x 3.64m - 12'6" x 11'11" Double glazed window to the rear elevation, patio doors to the rear garden, radiator
Landing 2.9718m x 1.9304m - 9'9" x 6'4" Storage cupboard, loft access
Bedroom One 3.81m x 3.4798m - 12'6" x 11'5" Two double glazed windows to the front elevation, radiator
Bedroom Two 3.7084m x 1.9558m - 12'2" x 6'5" Double glazed window to the rear elevation, radiator
Bathroom 1.7018m x 1.651m - 5'7" x 5'5" Fitted with a 3 piece suite comprising of; Bath with overhead shower, pedestal wash hand basin, low level w/c, radiator, extractor fan, double glazed window to the rear elevation
Outside To the Front;Double drivewayTo the Rear;Laid to lawn garden with patio area
Property details
- Property type
- End of Terrace
- Council tax band
- A
- Tenure
- Freehold
- Parking
- Yes
- Garden
- Yes
Floorplan
Location
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1 on this map
- Horden Station1.3 mi
- Seaham Station4.8 mi
What nearby homes sold for
Median sold prices in SR8 over the last 12 months: terraced £75k · semi-detached £120k · detached £255k · flat £75k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 39 Fairbairn Road Peterlee SR8 5EN | Semi-detached Freehold | 21 Nov 2025 | £59,950 |
| 48 Fairbairn Road Peterlee SR8 5EW | Terraced Freehold | 11 Mar 2025 | £80,000 |
| 12 Fairbairn Road Peterlee SR8 5EN | Detached Freehold | 3 Mar 2025 | £114,000 |
| 5 Fairbairn Road Peterlee SR8 5EQ | Semi-detached Freehold | 28 Feb 2025 | £55,000 |
| 4 Fairbairn Road Peterlee SR8 5EQ | Semi-detached Freehold | 31 Jan 2025 | £76,000 |
| 8 Fairbairn Road Peterlee SR8 5EQ | Detached Freehold | 10 Jan 2025 | £119,950 |
| 37 Fairbairn Road Peterlee SR8 5EN | Terraced Freehold | 18 Dec 2024 | £79,450 |
| 58a, Fairbairn Road Peterlee SR8 5EW | Semi-detached Freehold | 12 Nov 2024 | £122,000 |
| 56 Fairbairn Road Peterlee SR8 5EW | Semi-detached Freehold | 26 Jun 2024 | £99,000 |
| 92 Fairbairn Road Peterlee SR8 5EW | Terraced Freehold | 6 Jun 2024 | £63,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SR8
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Dowen, Peterlee on Rightmove (original listing). First listed 20 Oct 2026; details checked 7 Nov 2026. Latest change: added on 20/10/2026.
Agent disclaimer
Disclaimer - Property reference 10859009. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dowen, Peterlee. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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