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3 bed house for sale Oakerside Drive, Peterlee, SR8

OIRO

£74,995

Added on 16/09/2026

Type: House
Bedrooms: 3
Bathrooms: 1
Tenure: Freehold

Key features

IDEAL BUY-TO-LET INVESTMENT
TENANT IN RESIDENCE £550 PCM
SEMI DETACHED HOUSE
THREE BEDROOMS
LOUNGE / DINING ROOM
KITCHEN
BATHROOM & CLOAKROOM
DOUBLE GLAZED
GAS CENTRAL HEATING
POPULAR LOCATION

About this property

IDEAL INVESTMENT PROPERTY - TENANTS IN RESIDENCE @ £550pcm ..

Located on Oakerside Drive, Peterlee, this three bedroom semi detached property is currently let to a long standing tenant who would like to remain in the property following the sale.

The accommodation briefly comprises of a lounge through dining room, kitchen, three bedrooms, family bathroom with the added benefit of a ground floor W/c, double glazing, gas central heating and a rear courtyard.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,748
Band B

£2,039
Band C

£2,331
Band D

£2,622
Band E

£3,205
Band F

£3,788
Band G

£4,370
Band H

£5,244

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Durham, 2026/27 bills run from £1,748 a year in band A to £5,244 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Durham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Oakerside Drive, Peterlee, SR8

Open map Street View

Mortgage and stamp duty

Property price £74,995

£37k £113k

Deposit9% £7,000

£0 £75k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £67,995 mortgage. Most lenders would want a household income of about £16,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
62, Oakerside Drive Detached	Detached	Jun 2016	936 sq ft £58/sq ft	936 sq ft	£58	£54,000
64, Oakerside Drive Detached	Detached	Feb 2016	980 sq ft £85/sq ft	980 sq ft	£85	£83,000
64, Oakerside Drive Detached	Detached	Aug 2013	980 sq ft £80/sq ft	980 sq ft	£80	£78,000
72, Oakerside Drive Semi-detached	Semi-detached	May 2012	969 sq ft £69/sq ft	969 sq ft	£69	£67,000
62, Oakerside Drive Semi-detached	Semi-detached	Sept 2006	936 sq ft £87/sq ft	936 sq ft	£87	£81,500
64, Oakerside Drive Detached	Detached	Feb 2003	980 sq ft £55/sq ft	980 sq ft	£55	£54,000