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2 bed flat for sale Thorntree Gill, Peterlee, SR8

Guide Price

£28,000

Added two days ago

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

Council tax Band A £1,748 a year

Key features

AUCTION SALE
17 November 2026
***FOR SALE BY AUCTION***
EPC Rating - C
VIEWINGS CONTACT W H BROWN NORTHERN AUCTION DEPT

About this property

***FOR SALE BY AUCTION***VARIOUS BIDDING OPTIONS AVAILABLE: ONLINE, TELEPHONE, PROXY OR IN PERSON AT THE GRAND CONNAUGHT ROOMS, GREAT QUEEN STREET, 61-65, COVENT GARDEN, LONDON, WC2B 5DA *** 17TH NOVEMBER 2026***9.30 am START***CONTACT THE AUCTIONEERS TO REGISTER NOW*** Description: This ground floor flat offers strong appeal to both buy-to-let investors and developers and is set just off the Coast Road, within a predominantly residential area of Peterlee, approximately a mile from the shopping centre and retail park where most amenities can be found including supermarkets, fast food outlets and general shops. There are local schools and bus routes from the main road leading into the estate.

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

Thorntree Gill, Peterlee, SR8

Open map Street View

Mortgage and stamp duty

Property price £28,000

£14k £42k

Deposit11% £3,000

£0 £28k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £25,000 mortgage. Most lenders would want a household income of about £6,000 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
70, Thorntree Gill Semi-detached	Semi-detached	Dec 2023	980 sq ft £127/sq ft	980 sq ft	£127	£124,000
71, Thorntree Gill Semi-detached	Semi-detached	Jul 2023	969 sq ft £123/sq ft	969 sq ft	£123	£119,000
65, Thorntree Gill Semi-detached	Semi-detached	Aug 2022	958 sq ft £130/sq ft	958 sq ft	£130	£125,000
72, Thorntree Gill Semi-detached	Semi-detached	Apr 2022	1,206 sq ft £63/sq ft	1,206 sq ft	£63	£76,500
55, Thorntree Gill Semi-detached	Semi-detached	May 2019	1,238 sq ft £103/sq ft	1,238 sq ft	£103	£127,000
54, Thorntree Gill Semi-detached	Semi-detached	Feb 2019	1,076 sq ft £77/sq ft	1,076 sq ft	£77	£82,500
45, Thorntree Gill Semi-detached	Semi-detached	Oct 2018	1,012 sq ft £130/sq ft	1,012 sq ft	£130	£132,000
71, Thorntree Gill Semi-detached	Semi-detached	Nov 2017	969 sq ft £101/sq ft	969 sq ft	£101	£98,000