Sutherland Street, Seaham, SR7 0AX

Bidding Opens On 11th Feb 2026 12:00 Scheduled End Date 25th Feb 2026 12:00 Two-Bedroom Terraced Bungalow | Investment Opportunity | Tenant in Situ This beautifully presented two-bedroom terraced bungalow offers a harmonious blend of contemporary design and classic charm.

The property is offered for sale with a sitting tenant , providing immediate rental income from completion and making it an attractive proposition for buy-to-let investors.

Key Features Two-bedroom terraced bungalow Sitting tenant paying £650 per calendar month Approx.

62 sq m (667 sq ft) of accommodation EPC Rating: E Well-maintained front and rear gardens Excellent access to local amenities and transport Property Description Upon arrival, the eye is drawn to the property’s attractive brick exterior , complemented by a well-maintained front garden with lush greenery and a neat paved pathway leading to the welcoming entrance.

Large front windows flood the interior with natural light, creating a bright and airy ambience throughout the home.

The spacious living area features a comfortable layout with seamless open access to the adjacent dining space, fostering a sense of openness and fluidity ideal for both relaxing and entertaining.

Neutral carpeting adds warmth, while the dining area enjoys further natural light from wide windows dressed with elegant curtains.

The thoughtfully designed kitchen offers sleek, modern units, integrated appliances, and generous worktop space.

A stylish backsplash adds a touch of sophistication, ensuring the space is as functional as it is visually appealing.

There are two inviting bedrooms , each offering plush comfort and practical storage solutions. The principal bedroom benefits from ample natural light, a contemporary wardrobe, and soft carpeting.

The second bedroom is equally well-presented, featuring modern furnishings and a built-in mirrored wardrobe that enhances the sense of space.

The modern bathroom is finished to a high standard, incorporating a bath with overhead shower, attractive tiled flooring, and a heated towel rail for added comfort.

Outdoor Space To the rear, a private garden provides a peaceful retreat surrounded by mature shrubs and greenery—ideal for outdoor dining, relaxation, or gardening.

The neatly landscaped front garden enhances the property’s kerb appeal, creating a welcoming first impression.

The overall layout has been carefully considered to maximise both space and natural light, resulting in a home that feels both spacious and intimate.

Modern lighting fixtures and thoughtful touches throughout enhance day-to-day living.

Investment Summary Current Rent: £650 per calendar month Annual Rental Income: £7,800 Asking Price: £115,000 Gross Yield at Asking Price: £7,800 ÷ £115,000 = 6.78% The property offers a strong, straightforward yield for a single-let bungalow in a popular and well-connected coastal location, with rental income secured from day one.

Connectivity & Location Digital Connectivity Score: 92 / 100 Broadband: 98 Mobile: 82 The property is well positioned for local shops, services, and rail links, supporting long-term tenant demand.

Tenure Freehold (to be confirmed by solicitors) Summary This move-in ready terraced bungalow stands out for its harmonious fusion of contemporary upgrades and classic style.

Combined with a sitting tenant and a 6.78% gross yield at the asking price , it represents a compelling opportunity for investors seeking immediate income and long-term stability.

Buy-it-Now option available Being Sold by GOTO Online Auction Buyer’s fees apply Being Sold by GOTO Online Auction Starting Bids from: £100,000 Buy it now option available Please call or visit GOTO Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase.

The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier).

Allowing the additional time to exchange and complete the property means interested parties can proceed with traditional residential finance.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee.

The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market.

The buyer will be required to agree to our terms and conditions prior to solicitors being instructed.

Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid.

Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor.

Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

General Information: Auctioneer's Comments This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase.

The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor.

By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market.

Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability.

Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed.

Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of minimum £6,600 inclusive of VAT a Legal Pack fee of £396 including VAT.

This secures the transaction and takes the property off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Buyer Fees There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as: Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Please click here for more information. EPC Rating: E