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2 bed house for sale West Avenue, Peterlee, SR8

Asking price

£59,950

Added on 22/09/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £88 per sq ft
Tenure: Freehold

Council tax Band A £1,748 a year

Key features

Two bed mid terrace
Village location
For Sale with Sitting Tenant paying £465pcm
Large garden

About this property

2 Bedroom Mid-Terrace Property – Easington Colliery

Offered to the market is this two-bedroom mid-terrace property located in the popular village of Easington Colliery. The property is being sold with a sitting tenant currently paying £465 per calendar month, making it an attractive ready-made investment opportunity for landlords looking to add to their portfolio with immediate rental income.

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.

Price guide

This home

£88 / sq ft

Area average (sold)

£122 / sq ft

Price per area, sold homes nearby

£69 / sq ft

£88 / sq ft

£199 / sq ft

Lowest

This home

Highest

£88 per sq ft, below the middle of recent sales in SR8 (£69–£199, 10th–90th percentile, 731 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 731 homes sold in SR8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SR8 →

Location

West Avenue, Peterlee, SR8

Open map Street View

Mortgage and stamp duty

Property price £59,950

£30k £90k

Deposit10% £6,000

£0 £60k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £53,950 mortgage. Most lenders would want a household income of about £12,000 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
34, West Avenue Terraced	Terraced	Jul 2025	797 sq ft £115/sq ft	797 sq ft	£115	£91,999
38, West Avenue Terraced	Terraced	Jun 2025	840 sq ft £73/sq ft	840 sq ft	£73	£61,000
10, West Avenue Terraced	Terraced	Mar 2023	850 sq ft £75/sq ft	850 sq ft	£75	£64,000
6, West Avenue Terraced	Terraced	Nov 2021	1,119 sq ft £76/sq ft	1,119 sq ft	£76	£85,500
26, West Avenue Terraced	Terraced	Sept 2019	721 sq ft £55/sq ft	721 sq ft	£55	£39,950
26, West Avenue Terraced	Terraced	Aug 2017	721 sq ft £55/sq ft	721 sq ft	£55	£39,995
26, West Avenue Terraced	Terraced	Jun 2017	721 sq ft	721 sq ft	n/a	£25,000
4, West Avenue Terraced	Terraced	Jun 2017	947 sq ft £74/sq ft	947 sq ft	£74	£70,000