House · For sale
30-Property Residential Portfolio, Peterlee – Fully Tenanted Residential Portfolio Investment
30-Property Residential Portfolio, Peterlee, County Durham, Peterlee, County Durham, SR8 2LP
£2,110,050
- Tenure
- Not specified
- Added
- 18 Oct 2026
About this property
30-Property Residential Portfolio: Fully Tenanted Residential Portfolio Investment at 30 income-producing assets across Peterlee and the SR8 catchment.
Key points: - 30 assets: 29 residential (mainly 2-4 bedroom family houses) and one commercial unit at 89 Seaside Lane. - All 30 recorded as tenanted; current rent roll £19,005 pcm / £228,060 pa (vendor-supplied, subject to verification). - Portfolio price £2,110,050, being 81% of the aggregate stated HomeTrack AVM of £2,605,000 - a £494,950 (19%) discount. - Aggregate gross yield 10.81% (simple average of asset yields 11.02%); at AVM the gross yield is 8.75% (average 8.93%). - 24 of the 30 assets show individual gross yields of at least 10% at the proposed price. - Gas Safety and EICR recorded as YES across all 30; 18 EPC C, 11 EPC D, one N/A. - All properties described as Average/Good condition; 29 stated floor areas total 2,406 m² (avg c. 83 m²). - Mean asset price £70,335; median £68,648. - Accessible entry point - mean asset price c. £70,335, well below the £140,000 County Durham average. - Connectivity - Horden station, within the Peterlee area, is on Northern's route linking Middlesbrough with Newcastle.
Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.
Features
- Annual Rent: £228.1k
- Gross Yield: 10.81%
- HomeTrack AVM: £2.6m