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See how verdicts work2-bedroom flat · SR7 7HX
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within walking distance of Seaham sea front and harbour, with local amenities on the doorstep. The is a spacious first floor two bedroom apartment.
The internal layout comprising of: Communal entrance into a spacious hallway with stairs to apartment. Lounge with feature fireplace, fitted kitchen, bathroom and two bedrooms.
The property benefits from gas central heating and double glazing throughout. Externally to the rear is a shared garden. This is a leasehold property with Durham County Council.
Leasehold details to follow COMMUNAL ENTRANCE LANDING LOUNGE 4.5974m x 3.5814m - 15'1" x 11'9" KITCHEN 3.175m x 2.3368m - 10'5" x 7'8" BATHROOM MASTER BEDROOM 4.318m x 3.7846m - 14'2" x 12'5" Central heating radiator, upvc double glazed window BEDROOM 2 3.2512m x 2.3622m - 10'8" x 7'9" MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
LEASEHOLD INFO The property is leasehold. The lease details are to be confirmed.
WATER METER No PARKING ARRANGEMENTS Street Parking ELECTRIC CAR CHARGER No MOBILE PHONE SIGNAL No known issues at the property.
BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here > FLOOD RISK RATING Please check the online flood risk checker at the following link here > NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area.
This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at the point of producing this material.
There may be more information related to the sale of this property that can be made available to any potential buyer.
These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.
All measurements are approximate and for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Seaham, Durham, SR7
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