30 Sledmere Close, Peterlee, County Durham, SR8 5JN

Lot 2 · SR8 5JN · Auction House North East · North East

£16,000guide price
Residential
30 Sledmere Close, Peterlee, County Durham, SR8 5JN
Photo: Auction House North East catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

Tenure not captured

The full pack should confirm freehold, leasehold, or mixed tenure from the legal pack.

not verified confidence, Auction listing

Watch this lot

Get the guide changes and the result by email.

View this lot on Auction House North East

Full legal pack, photos and bidding on the auctioneer's site.

View on Auction House North East

About this lot

2 Bed Apartment

A spacious two-bedroom first floor flat – currently tenanted and producing £400 per calendar month – offering an attractive ready-made investment opportunity. Situated in a popular residential area close to local shops, schools, and transport links, this well-proportioned flat provides generous living accommodation extending to approximately 64 sq. m (688 sq. ft). The property briefly comprises: entrance hallway, spacious living room, kitchen, dining area, bathroom, and two well-sized bedrooms. Externally, there are shared garden areas to the front and surrounding communal spaces. The flat is currently let to a well-established tenant at £400pcm, representing an immediate income stream for investors. The property offers excellent potential for capital growth and further uplift through refurbishment or redecoration in the future. Accommodation (approximate measurements): -Living Room: 3.6m x 4.4m -Kitchen: 2.5m x 2.9m -Dining Area: 2.6m x 2.0m -Main Bedroom: 3.6m x 3.8m -Bedroom 2: 3.6m x 2.6m -Bathroom: 2.5m x 2.0m EPC Rating: C Council Tax Band: A (Durham County Council) Tenure: Leasehold Investment Notes: -Currently let at £400 per calendar month / £4,800 per annum -Tenanted by a long-standing and reliable occupant -Offers strong rental yield potential with scope for further value enhancement Auctioneer’s Note: An ideal buy-to-let investment offering immediate income and long…

From the Auction House North East listing. Read the full listing and legal pack →

Key facts

2Lot number
ResidentialUse class

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

29 YO*** RO**SR8 5HR£54,500
12 WE***** RO**SR8 5JE£60,000
60 GR***** RO**SR8 5PQ£49,000

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in SR8

Evidence from 844 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+67.4%median uplift
£18,000typical value added
3.6 yearstypical hold period

See 844 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 844 registered sale pairs in SR8 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

More lots in this area

Need finance for a lot?

We are selecting a bridging partner for auction buyers. Leave your email and we will introduce you the moment it is live.

No obligation. We are not a lender or a broker, and we never pass your details to anyone without asking you first.

New lots like this every Monday, free

Auction Alerts

Weekly digest of new lots and market insights.

Free Checklist

The Auction Buyer's Checklist

Legal pack, finance, guide-price traps. Get the printable PDF and weekly auction alerts. Free.