Westmorland Rise, Peterlee, Durham, SR8 2EW
Listed 6 May 2026 · price reduced 27 Aug 2026 · Peterlee
How the price compares
Key features
- 3 bedroom family home
- Popular location
- Tenant in situ
- Achieving £6600 per annum
About this home
Pattinson Estate Agents are delighted to welcome to the sales market this three-bedroom terraced investment opportunity, situated on Westmorland Rise in Peterlee. This property is being sold with a tenant in situ, currently generating a reliable rental income of £550 per month (£6,600 per annum). For those looking to grow their portfolio, properties in this specific area of Peterlee consistently benefit from high rental demand and often deliver a strong rental yield, making this an incredibly stable addition to any professional or budding landlord's collection. Property Features Tenanted Investment: Immediate rental income from completion. Three Bedrooms: Spacious accommodation across the first floor. Two Reception Rooms: Includes a generous lounge and separate dining area. Modern Kitchen: Fitted with a range of wall and base units. Enclosed Garden: Private outdoor space to the rear elevation. Gas Central Heating & Double Glazing: For energy efficiency and tenant comfort. Freehold Tenure: Security of ownership with no ground rent. Accommodation Ground Floor: Entrance hallway leading to a bright and spacious lounge, a dedicated dining room, and a functional kitchen. The ground floor also benefits from a utility room. First Floor: Three well-proportioned bedrooms and a family bathroom fitted with a three-piece suite. Exterior: To the rear, there is an enclosed, low-maintenance garden. The property is ideally positioned close to local parkland and green spaces. Location & Transport Ideally located in the popular town of Peterlee, the property is within walking distance of local shops, supermarkets, and restaurants. Commuters benefit from excellent transport connections via the A19 and Horden Train Station. Council Tax Band: A EPC Rating: D To arrange your internal viewing or for further investment details, please contact our Peterlee Branch
Council Tax Band: A Tenure: Freehold
Living Room
Kitchen
Dining Room
Bedroom 1
Bedroom 2
Bedroom 3
Property details
- Property type
- Terraced
- Council tax band
- A
- Tenure
- Freehold
- Parking
- Communal
- Garden
- Yes
- Heating
- Gas
- Broadband
- ADSL copper wire
- Electricity
- Mains supply
- Water
- Mains supply
Location
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1 on this map
- Horden Station1.8 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 |
|---|---|---|---|
| 25 Westmorland Rise Peterlee SR8 2EX | Detached Freehold | 22 May 2026 | £68,000 |
| 85 Westmorland Rise Peterlee SR8 2ER | Terraced Freehold | 23 Apr 2026 | £46,000 |
| 124 Westmorland Rise Peterlee SR8 2ES | Terraced Freehold | 2 May 2025 | £60,000 |
| 28 Westmorland Rise Peterlee SR8 2EX | Detached Freehold | 23 Aug 2024 | £79,500 |
| 99 Westmorland Rise Peterlee SR8 2ER | Terraced Freehold | 21 Mar 2024 | £45,000 |
| 99 Westmorland Rise Peterlee SR8 2ER | Terraced Freehold | 12 Jan 2024 | £36,000 |
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 Pattinson Estate Agents, Peterlee on Rightmove (original listing). First listed 6 May 2026; details checked 7 Nov 2026. Latest change: reduced on 27/08/2026.
Agent disclaimer
Disclaimer - Property reference 444549. 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 Pattinson Estate Agents, 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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