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1 bed flat for sale Kings Lane, Pelton, DH2

Asking Price

£45,000

Added on 30/09/2026

Type: Flat
Bedrooms: 1
Size: £104 per sq ft
Tenure: Ask agent

Council tax Band A £1,748 a year

Key features

Well Proportioned One Bedroom Ground Floor Flat
Ideally Suited for Investors & Developers Looking for A Renovation Project
Situated in the Well Established Area of Pelton
In Need of a Comprehensive Programme of Refurbishment Throughout
Reference: 482900

About this property

Property Description

An Opportunity to purchase a One-Bedroom Ground Floor Flat situated on Kings Lane in the well-established village of Pelton. Requiring a comprehensive programme of refurbishment throughout, the property is ideally suited to investors, developers or purchasers looking for a renovation project.

The accommodation briefly comprises an entrance hall, lounge, kitchen, double bedroom and bathroom. Although the property requires complete modernisation, it offers well-proportioned accommodation and the opportunity to refurbish to an individual specification.

Floorplan

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.

Property timeline

Listed

September 2026 £45,000

1 bed · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

This home

£104 / sq ft

Area average (sold)

£187 / sq ft

Price per area, sold homes nearby

£106 / sq ft

£104 / sq ft

£257 / sq ft

Lowest

This home

Highest

£104 per sq ft, below almost all recent sales in DH2 (£106–£257, 10th–90th percentile, 826 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 826 homes sold in DH2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DH2 →

Location

Kings Lane, Pelton, DH2

Open map Street View

Mortgage and stamp duty

Property price £45,000

£23k £68k

Deposit11% £5,000

£0 £45k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £40,000 mortgage. Most lenders would want a household income of about £9,000 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
1, Kings Lane Terraced	Terraced	Sept 2025	904 sq ft £111/sq ft	904 sq ft	£111	£100,000
23, Kings Lane Terraced	Terraced	Aug 2024	969 sq ft £98/sq ft	969 sq ft	£98	£95,000
27, Kings Lane Semi-detached	Semi-detached	Apr 2022	1,184 sq ft £86/sq ft	1,184 sq ft	£86	£102,000
22, Kings Lane Terraced	Terraced	Oct 2021	915 sq ft £90/sq ft	915 sq ft	£90	£82,000
23, Kings Lane Terraced	Terraced	May 2019	969 sq ft £54/sq ft	969 sq ft	£54	£52,500
22, Kings Lane Terraced	Terraced	Sept 2017	915 sq ft £79/sq ft	915 sq ft	£79	£72,000
1, Kings Lane Terraced	Terraced	May 2015	904 sq ft £66/sq ft	904 sq ft	£66	£59,995
17, Kings Lane Terraced	Terraced	Jun 2010	484 sq ft £83/sq ft	484 sq ft	£83	£40,000