Modern Method of Auction
Auction date not yet published
4-bedroom house · SR7 9QJ
For saleReduced £19k (−9.5%) on 8 OctListed 86 days
Opportunity summary
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About
Summary Exceptional Four Bedroom Detached Family Home | 1,915.98 Sq Ft (177.99 Sq M) | No Onward Chain | Corner Plot | Solar Panels | Spacious & Versatile Accommodation Pattinson Estate Agents are delighted to present to the market this exceptional four-bedroom detached family home, extending to an impressive 1,915.98 sq ft (177.99 sq m) and offered for sale with no onward chain.
Occupying a generous corner plot within a sought-after residential area of Murton, Seaham, this substantial property provides spacious, versatile accommodation over multiple levels, complemented by the added benefit of owned solar panels, helping to improve the home's energy efficiency and reduce running costs.
The accommodation begins with a welcoming entrance hallway leading into a superb open-plan lounge and dining room, creating a bright and inviting space perfect for both everyday family living and entertaining.
The well-appointed breakfast kitchen is fitted with a comprehensive range of wall and base units, complemented by a central island, integrated electric oven, gas hob and extractor hood.
French doors open directly onto the rear garden, seamlessly blending indoor and outdoor living. A separate utility room and a convenient ground floor WC complete the ground floor.
To the first floor are four generously proportioned bedrooms, all offering excellent space and flexibility.
The impressive principal bedroom benefits from a stylish en-suite shower room, while the remaining bedrooms are served by a modern family bathroom featuring a bath with shower over, vanity unit and contemporary fittings.
Externally, the property occupies a generous corner plot with attractive, low-maintenance gardens to the front and a private enclosed rear garden, providing an ideal space for outdoor dining, entertaining or relaxing.
A detached garage, together with a substantial driveway, offers ample off-road parking for multiple vehicles.
Ideally located within the popular village of Murton, the property enjoys easy access to a range of local schools, shops and everyday amenities, together with excellent commuter links via the A19.
The stunning Durham Heritage Coast and Seaham's picturesque beaches are also just a short drive away.
Early viewing is highly recommended to fully appreciate the generous proportions, versatile layout, energy-efficient features and excellent location this outstanding family home has to offer.
Council Tax Band: C Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
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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 starting price
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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 advisors 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 Park Lane Stores, 7 Park Lane, Seaham
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