# 2 bedroom terraced house for sale (SR8 4NA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 WARREN STREET, PETERLEE, HORDEN, COUNTY DURHAM SR8 4NA |
| Price | £40,000 |
| Bedrooms | 2 |
| Last sold | £75,999 Apr 2025 |

## Description

** SOLD WITHIN A MATTER OF MINUTES AFTER WE WERE INSTRUCTED. WE HAVE A HUGE REPUTATION AND SUCCESFUL SALES RECORD IN PETERLEE AND HORDEN. WE HAVE BUYERS LOOKING FOR ALL CONDITION OF PROPERTIES FROM REFURBISHED TO VANDELISED / DATED. IF YOU ARE CONSIDERING SELLING IN THIS AREA THEN CONTACT US TO DISCUSS YOUR OPTIONS **

A well maintained owner occupied terraced property set within this strong buy to let area. The property will generate in the region of £475 - 500 pcm if purchased as an investment offering a generous yield of in the region of 14% Gross! Or for a live-in owner you could move in with the minimal of effort / works required. SOLD WITH NO FORWARD CHAIN!

## Property Photos

- ![lounge.JPG](/listings/photos/154565639/607458) - lounge.JPG
- ![dining kitchen.jpg](/listings/photos/154565639/607459) - dining kitchen.jpg
- ![kitchen.JPG](/listings/photos/154565639/607461) - kitchen.JPG
- ![shower room.jpg](/listings/photos/154565639/607463) - shower room.jpg
- ![bedroom.jpg](/listings/photos/154565639/607465) - bedroom.jpg
- ![bedroom1.jpg](/listings/photos/154565639/607467) - bedroom1.jpg

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £75,999 | 17/04/2025 | Terraced |
| 15 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £23,000 | 10/08/2018 | 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 |
|---------|-------|------|------|
| 21 TWELFTH STREET, PETERLEE, COUNTY DURHAM, SR8 4QH | £24,500 | 15/12/2025 | Terraced |
| 33 THIRTEENTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4QP | £42,500 | 11/12/2025 | Terraced |
| 26 TWELFTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4QH | £36,000 | 11/12/2025 | Terraced |
| 13 SOUTH TERRACE, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NG | £47,000 | 01/12/2025 | Terraced |
| 32 TENTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NE | £24,000 | 28/10/2025 | Terraced |
| [Same street] 23 WARREN STREET, PETERLEE, COUNTY DURHAM, SR8 4NA | £24,000 | 16/10/2025 | Terraced |
| [Same street] 21 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £29,000 | 30/09/2025 | Terraced |
| [Same street] 22 WARREN STREET, PETERLEE, COUNTY DURHAM, SR8 4NA | £24,000 | 16/09/2025 | Terraced |
| 30 NINTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LZ | £27,000 | 11/08/2025 | Terraced |
| [Same street] 29 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £25,500 | 30/06/2025 | Terraced |
| 87 FIFTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LA | £37,000 | 26/02/2025 | Terraced |
| [Same street] 31 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £98,000 | 15/01/2025 | Terraced |
| 6 TWELFTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4QH | £20,500 | 17/10/2024 | Terraced |
| 6 TWELFTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4QH | £28,500 | 24/07/2024 | Terraced |
| 91 SEVENTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LX | £37,000 | 21/12/2023 | Terraced |
| 16 TWELFTH STREET, PETERLEE, COUNTY DURHAM, SR8 4QH | £23,000 | 20/12/2023 | Terraced |
| 17 TENTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NE | £24,000 | 18/12/2023 | Terraced |
| 16 TEES STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NF | £20,000 | 30/11/2023 | Terraced |
| [Same street] 17 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £33,000 | 27/11/2023 | Terraced |
| 21 NINTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LZ | £37,500 | 17/11/2023 | Terraced |
| [Same street] 9 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £30,550 | 07/11/2023 | Terraced |
| 20 EIGHTH STREET, PETERLEE, COUNTY DURHAM, SR8 4LY | £17,000 | 27/10/2023 | Terraced |
| [Same street] 34 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £40,000 | 12/10/2023 | Terraced |
| 44 TWELFTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4QH | £41,536 | 07/10/2023 | Terraced |
| 1 EIGHTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LY | £31,000 | 03/10/2023 | Terraced |
| 51 SEVENTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4LX | £53,000 | 03/10/2023 | Terraced |
| 62 SIXTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4JX | £30,000 | 03/10/2023 | Terraced |
| 83 SIXTH STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4JX | £30,000 | 03/10/2023 | Terraced |
| [Same street] 34 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £24,000 | 08/06/2023 | Terraced |
| [Same street] 3 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £27,000 | 17/02/2023 | Terraced |
| [Same street] 6 WARREN STREET, PETERLEE, COUNTY DURHAM, SR8 4NA | £25,000 | 12/12/2022 | Terraced |
| [Same street] 6 WARREN STREET, PETERLEE, COUNTY DURHAM, SR8 4NA | £30,500 | 13/06/2022 | Terraced |
| [Same street] 30 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £34,000 | 22/04/2022 | Terraced |
| [Same street] 17 WARREN STREET, HORDEN, PETERLEE, COUNTY DURHAM, SR8 4NA | £38,500 | 14/04/2022 | Terraced |
| [Same street] 27 WARREN STREET, PETERLEE, COUNTY DURHAM, SR8 4NA | £36,250 | 28/03/2022 | Terraced |

**Street average:** £34,620 (15 sales)
**Area average:** £31,552 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £62,852 (72 Terraced, SR8, 2024–2026)
- **Deviation:** -36.4%

## Rental Range

*ONS Price Index of Private Rents (County Durham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £572/mo
- **Realistic:** £635/mo
- **Optimistic:** £699/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, Eleventh Street, SR8 | £424/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Terraced House, Warren Street, SR8 | £525/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Terraced House, Eleventh Street, SR8 | £595/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Terraced House, Horden, SR8 | £475/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Terraced House, Ninth Street, SR8 | £450/mo | 2 | 0.05 miles | OpenRent |
| 2 Bed Terraced House, Ninth Street, SR8 | £475/mo | 2 | 0.05 miles | OpenRent |
| 2 Bed Terraced House, Park Terrace, SR8 | £550/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Terraced House, Tees Street, SR8 | £475/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Tees Street, SR8 | £500/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Eighth Street, SR8 | £450/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Park Terrace, SR8 | £595/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Terraced House, Tees Street, SR8 | £500/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed End Terrace, Ninth Street, SR8 | £450/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed Terraced House, Eighth Street, SR8 | £475/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Seventh Street, SR8 | £500/mo | 2 | 0.11 miles | OpenRent |

**Average rent: £496/mo (15 listings)**

## 1% Rule

- **Rent ratio:** 1.19% (strong)
- **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:** 14.3%
- **Cost-to-rent:** 7×
- **Monthly cashflow:** £245/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 25.3%

*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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 10%
- **10y growth:** 17.4%

## House Price Index (HM Land Registry)

*Official index for County Durham; Terraced series; as of March 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 22.7%
- **10y growth (index):** 44.8%

## 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)