2-bedroom house · SR7 0HS
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this beautifully presented two-bedroom terraced home to the rental market, ideally located on Gregson Terrace in the heart of Seaham.
Freshly decorated throughout with neutral tones and a modern kitchen, this property is ready to move straight into, offering excellent transport links to Sunderland and to the wider North East.
Ground Floor The home welcomes you into a spacious and versatile living room, flowing through to a generously sized separate dining room, both filled with natural light and finished with soft grey carpets and fresh cream décor throughout.
Beyond, the modern fitted kitchen offers sleek white gloss units, contrasting dark worktops, part-tiled splashbacks and an integrated oven and hob, with a window overlooking the rear courtyard.
First Floor Upstairs offers two well-proportioned bedrooms, including a bright and airy principal bedroom with a dormer window and useful eaves storage.
The modern family bathroom completes the first floor, fitted with a bath, a mains shower over, a WC, a wash basin, and a stylish heated towel rail.
Outside To the rear, the property benefits from a private, low-maintenance courtyard a great spot for bins, storage, or simply stepping outside., small family, or working professional looking for a modern, move-in-ready home in a convenient Seaham location.
Early viewing is highly recommended. Tenant Application Requirements To be considered for this property, applicants must meet the minimum affordability requirement of £1,900 per calendar month.
All applicants will be required to undergo referencing and pre-tenancy checks, including: • Credit checks • Identity verification • Right to Rent checks • Employment and income verification • Previous landlord references where applicable
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 2, Gregson Terrace, Seaham
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