# 2 bedroom terraced bungalow for sale (SR8 4PY) ## Property Details | Key | Value | |-----|-------| | Address | 12 DURHAM AVENUE, PETERLEE, HORDEN, COUNTY DURHAM SR8 4PY | | Price | £95,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £90,000 Feb 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 06/06/2026 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £510/year - **Est. upgrade cost to C:** £16,930 ### Recommendations - W2 (£4,000 - £6,000) - E (£30) - G (£350 - £450) - N (£4,000 - £6,000) - U (£5,000 - £8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8606-7226-4310-9543-1906) ## Description Beautifully Presented 2-Bedroom Mid-Terraced Bungalow on Durham Avenue, Horden – No Onward Chain Nestled on a quiet and well-established residential street in the heart of Horden, this charming and spacious two-bedroom mid-terraced bungalow is a true gem. Thoughtfully modernised and exceptionally well-maintained throughout, this delightful home is ready to move into, offering a rare opportunity for first-time buyers, downsizers, or those seeking a peaceful, low-maintenance lifestyle – all with the added benefit of no onward chain. As you approach the property, you'll be greeted by an attractive and easy-care front garden, designed for both visual appeal and minimal upkeep. The garden features a neat astro turf lawn, low-maintenance gravelled sections, and a stylish resin pathway, creating a welcoming and contemporary frontage. Step inside via the entrance hallway, which leads into a spacious and inviting 14ft living room – a perfect space for relaxing or entertaining guests, with ample room for comfortable furnishings and filled with natural light. The property offers two well-proportioned bedrooms: Bedroom 1 – A generous double room ideal as a main bedroom, offering space for wardrobes and bedroom furniture. Bedroom 2 – A versatile room, perfect as a guest bedroom, home office, or hobby space, depending on your lifestyle needs. At the heart of the home lies the bright and airy 13ft kitchen, featuring a practical layout and plenty of room for dining. Whether you enjoy cooking for family or preparing a quiet breakfast, this space is both functional and full of potential. To the rear, a rear hallway leads conveniently out through a modern uPVC door to the enclosed rear yard, which has been thoughtfully finished with resin surfacing for ease of maintenance and includes an external water tap – ideal for gardening or outdoor cleaning. Completing the internal layout is a stylish and contemporary shower room, boasting a modern double shower enclosure, sleek fittings, and a fresh, neutral décor – making it both practical and visually appealing. Additional features include: Double glazing throughout Efficient gas central heating Neutral, move-in-ready interiors Secure and private rear yard space This lovely bungalow combines practicality, comfort, and style – all within easy reach of local amenities, transport links, and coastal attractions. Whether you're searching for a permanent residence, an investment, or a retirement retreat, this property ticks all the boxes. Early viewing is strongly recommended to appreciate the quality and value on offer. ## Property Photos - ![IMG_4667](/listings/photos/164610617/1481788) - IMG_4667 - ![IMG_4665](/listings/photos/164610617/1481789) - IMG_4665 - ![IMG_4674](/listings/photos/164610617/1481790) - IMG_4674 - ![IMG_4694](/listings/photos/164610617/1481791) - IMG_4694 - ![IMG_4696](/listings/photos/164610617/1481792) - IMG_4696 - ![IMG_4686](/listings/photos/164610617/1481793) - IMG_4686 - ![IMG_4688](/listings/photos/164610617/1481794) - IMG_4688 - ![IMG_4690](/listings/photos/164610617/1481795) - IMG_4690 - ![IMG_4693](/listings/photos/164610617/1481796) - IMG_4693 - ![IMG_4675](/listings/photos/164610617/1481797) - IMG_4675 - ![IMG_4680](/listings/photos/164610617/1481798) - IMG_4680 - ![IMG_4700](/listings/photos/164610617/1481799) - IMG_4700 - ![IMG_4670](/listings/photos/164610617/1481800) - IMG_4670 ## Floorplans - ![12 durham](/listings/photos/164610617/1481801) - 12 durham ## EPC Graphs - ![EPC 1](/listings/photos/164610617/1481802) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 12 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £90,000 | 24/02/2026 | Terraced | | 12 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £72,000 | 26/04/2021 | Terraced | | 12 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £60,000 | 31/03/2017 | Terraced | | 12 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £55,000 | 11/03/2005 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 29 HANDLEY STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NW | £55,000 | 13/01/2026 | Terraced | | 14 MORPETH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BB | £109,995 | 17/12/2025 | Terraced | | 3 BRIER AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PL | £77,000 | 08/12/2025 | Terraced | | 4 PARK VIEW, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4DE | £68,500 | 19/08/2025 | Terraced | | [Same street] 14 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £95,000 | 30/06/2025 | Terraced | | 3 BELSAY AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4AY | £70,000 | 06/05/2025 | Terraced | | 28 HANDLEY STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NW | £33,000 | 31/03/2025 | Terraced | | 4 THOMPSON STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4DA | £35,500 | 21/03/2025 | Terraced | | 10 NORTHUMBERLAND STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PX | £57,000 | 07/03/2025 | Terraced | | 56 NEWCASTLE AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BQ | £80,000 | 20/12/2023 | Terraced | | 9 NEWCASTLE AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BQ | £87,500 | 19/12/2023 | Terraced | | 7 SUNDERLAND AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BH | £94,999 | 29/11/2023 | Terraced | | 22 NORTHUMBERLAND STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PX | £77,000 | 29/11/2023 | Terraced | | 42 NORTHUMBERLAND STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PX | £101,000 | 25/10/2023 | Terraced | | 4 NORTHUMBERLAND STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PX | £57,000 | 23/10/2023 | Terraced | | 6 MORPETH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BB | £75,000 | 03/08/2023 | Terraced | | 22 HANDLEY STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NW | £47,000 | 25/07/2023 | Terraced | | 18 SUNDERLAND AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BH | £49,000 | 07/07/2023 | Terraced | | 58 NEWCASTLE AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4BQ | £92,500 | 28/04/2023 | Terraced | | 4 BELSAY AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4AY | £69,000 | 28/04/2023 | Terraced | | 2 THOMPSON STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4DA | £77,999 | 20/04/2023 | Terraced | | [Same street] 38 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £85,000 | 11/10/2022 | Terraced | | [Same street] 52 DURHAM AVENUE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4PY | £60,000 | 24/09/2021 | Terraced | **Street average:** £80,000 (3 sales) **Area average:** £70,700 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £66,243 (77 Terraced, SR8, 2024–2026) - **Deviation:** +43.4% ## Rental Range *ONS Price Index of Private Rents (County Durham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £577/mo - **Realistic:** £641/mo - **Optimistic:** £705/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Sunderland (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Eighth Street, SR8 | £475/mo | 2 | 0.32 miles | OpenRent | | 2 Bed Terraced House, Tees Street, SR8 | £500/mo | 2 | 0.34 miles | OpenRent | | 2 Bed End Terrace, Ninth Street, SR8 | £450/mo | 2 | 0.34 miles | OpenRent | **Average rent: £475/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.5% (weak for cashflow) - **Max investor price (0.8%):** £59,375 - **Target investor price (1%):** £47,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £475/mo).* - **Gross yield:** 6% - **Cost-to-rent:** 16.7× - **Monthly cashflow:** £28/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1.2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £1,667/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 11.4% - **10y growth:** 38.4% ## House Price Index (HM Land Registry) *Official index for County Durham; Terraced series; as of May 2026.* - **1y growth (index):** 4.9% - **5y growth (index):** 22.9% - **10y growth (index):** 46.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)