2-bedroom house · SR7 7LW
To rentListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented two bedroom terraced property available to the rental market having benefited from being recently decorated and new flooring fitted throughout.
The property is conveniently located within easy access of Seaham Town Centre and local amenities.
Internal viewing is highly advisable to appreciate accommodation set over two floors comprising of: Entrance Hall, Lounge, Dining Room and Kitchen to the Ground Floor.
To the First Floor are Two Bedrooms and Family Bathroom. Externally there is an Enclosed Yard to the Rear.
Entrance Hall With double glazed entry door to the front elevation, convector style heating radiator and stairs to first floor accommodation.
Decorated with colour washed wall coverings and carpet floor covering.
Lounge With double glazed window to the front elevation, convector style heating radiator, feature fireplace and hearth, understairs storage cupboard and built in storage cupboard.
Decorated with colour washed wall coverings and carpet floor covering.
Dining Room With double glazed entry door and double glazed window - both to the rear elevation and convector style heating radiator. Decorated with colour washed walls and cushioned floor covering.
Kitchen With double glazed window to the rear elevation, fitted with a variety of wall and floor mounted units with contrasting laminate working surfaces incorporating stainless steel sink unit, plumbing for automatic washing machine and convector style heating radiator.
Decorated with colour washed walls and cushioned floor covering. Landing With access to all first floor rooms and loft space. Decorated with colour washed wall coverings and carpet floor covering.
Bedroom One With double glazed window to the front elevation, convector style heating radiator and over stairs storage cupboard housing Vokera heating boiler.
Decorated with colour washed wall coverings and carpet floor covering. Bedroom Two With double glazed window to the rear elevation and convector style heating radiator.
Decorated with colour washed wall coverings and carpet floor covering.
Bathroom With frosted double glazed window to the rear elevation, fitted with a suite comprising of: Panelled bath with shower screen and shower head mixer tap, wash hand basin and wc and convector style heating radiator.
Decorated with pvc panelled walls and cushioned floor covering. External To the rear is an enclosed yard with gated access.
EPC Rating D Council Tax Band A Minimum income - £19,800, Current Landlord Reference Needed, Guarantor Required and Bond of £630
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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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 30, Ilchester Street, Seaham
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