2 bed flat for sale Waveney Road, Peterlee, SR8

Asking price

£22,000

Added on 24/09/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Council tax Band A £1,748 a year

Key features

UNSOLD AT AUCTION
15 October 2026
Upon Instruction of AMG
EPC Rating - D

About this property

Leasehold first floor flat Location: The property is located on Waveney Road which lies off Passfield Way. Shopping amenities are available within Peterlee Town Centre with a further range of shops, bars and restaurants found within Sunderland City Centre lying to the north and Durham City Centre located to the west. Public transport links are available at Horden Train Station lying to the east along with a network of local bus services serving the surrounding areas.

Council tax

Band A £1,748 a year

Per year

Band A

This home: £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

This home is in band A, which costs £1,748 a year in Durham for 2026/27.

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. Check a home's band on GOV.UK.

Location

Waveney Road, Peterlee, SR8

Open map Street View

Mortgage and stamp duty

Property price £22,000

£11k £33k

Deposit9% £2,000

£0 £22k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £20,000 mortgage. Most lenders would want a household income of about £5,000 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
12, Waveney Road Terraced	Terraced	Jan 2025	926 sq ft £79/sq ft	926 sq ft	£79	£73,000
16, Waveney Road Semi-detached	Semi-detached	May 2024	915 sq ft	915 sq ft	n/a	£45,000
1, Waveney Road Detached	Detached	Dec 2023	1,152 sq ft £143/sq ft	1,152 sq ft	£143	£165,000
16, Waveney Road Semi-detached	Semi-detached	Oct 2021	915 sq ft £73/sq ft	915 sq ft	£73	£67,000
2, Waveney Road Flat / maisonette	Flat / maisonette	Mar 2008	667 sq ft £97/sq ft	667 sq ft	£97	£65,000
6, Waveney Road Flat / maisonette	Flat / maisonette	Jan 2008	592 sq ft £101/sq ft	592 sq ft	£101	£60,000
6, Waveney Road Flat / maisonette	Flat / maisonette	Jun 2004	592 sq ft £66/sq ft	592 sq ft	£66	£38,950
2, Waveney Road Flat / maisonette	Flat / maisonette	Jul 2002	667 sq ft	667 sq ft	n/a	£26,500