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Westmorland Rise, Peterlee, Durham, SR8 2EW
For saleReduced 27 Aug 2026
£65,000

Westmorland Rise, Peterlee, Durham, SR8 2EW

3bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 6 May 2026 · price reduced 27 Aug 2026 · Peterlee

How the price compares

This home£65,000
Median 3 bed in SR8£90k77 homes listed · £87 per sq ft
Difference-28%below the area median

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

Skip map

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.

AddressTypeSoldPrice
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

Monthly repayment£325£6,500 deposit · £58,500 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 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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