Lancaster Hill, Peterlee, Durham, SR8 2EG

Listed 4 Sept 2026 · price reduced 2 Nov 2026 · Peterlee
Our latest listing is a 3 bedroom end terraced house located in Peterlee. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 3 bedrooms, lounge, office space, kitchen, bathroom, rear garden space and street parking.
Investment details
It currently produces an annual gross income of £6,900 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
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Median sold prices in SR8 over the last 12 months: terraced £75k · semi-detached £120k · detached £255k · flat £75k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 36 Stafford Place Peterlee SR8 2EL | Terraced Freehold | 27 May 2026 | £75,000 |
| 6 Stafford Place Peterlee SR8 2EL | Terraced Freehold | 27 Jun 2025 | £75,000 |
| 9 Stafford Place Peterlee SR8 2EL | Terraced Freehold | 6 Dec 2024 | £60,000 |
| 10 Stafford Place Peterlee SR8 2EL | Terraced Freehold | 8 May 2024 | £46,683 |
| 30 Stafford Place Peterlee SR8 2EL | Terraced Freehold | 19 Jan 2024 | £72,500 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SR8
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 Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 4 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 02/11/2026.
Disclaimer - Property reference 228320034. 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 Let Property Sales & Management, Glasgow. 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.

