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CAEA8C2D-6117-4450-8DE4-C36E0DA9FF13
For sale
£85,000Offers over

Fairbairn Road, Peterlee, County Durham, SR8 5EW

2bedrooms
1bathroom
End of Terracetype
Freeholdtenure

Listed 20 Oct 2026 · Peterlee

How the price compares

This home£85,000
Median 2 bed in SR8£75k50 homes listed · £84 per sq ft
Difference+13%above the area median

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

66

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.

AddressTypeSoldPrice
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

Monthly repayment£425£8,500 deposit · £76,500 loan
Stamp Duty£0England rates

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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