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See how verdicts work2-bedroom flat · SR7 7DY
Sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever popular East Shore Village, having Sea views, this TWO BEDROOM UPPER FLOOR APARTMENT offers ATTRACTIVE ACCOMMODATION THROUGHOUT.
The size and decor has to be seen with Juliet Balcony in the lounge and far reaching double aspect views over the EAST COAST.
Having a security entry system and well maintained communal area this property will appeal to a wide range of buyers with internal inspection showing: HALLWAY, LOUNGE with Juliet Balcony, MODERN FITTED KITCHEN/BREAKFAST ROOM, WHITE BATHROOM SUITE, MASTER BEDROOM WITH EN-SUITE SHOWER ROOM AND SECOND BEDROOM.
Only by viewing this splendid Apartment can it be fully appreciated. Early viewing is strongly advised to avoid missing out.
ENTRANCE Top floor modern apartment with access via UPVC door into: ENTRANCE HALL With radiator and loft hatch.
LOUNGE 11' 08'' x 12' 09'' Double glazed window, radiator, Juliette balcony with double glazed french doors which open out to far reaching sea views.
KITCHEN 10' 09'' x 11' 02'' Range of eye and base level units in modern white finish with single drainer sink unit and mixer tap, electric hob and oven with stainless steel splash backs and chimney extractor, plumbing for automatic washing machine and space for fridge freezer, wall mounted boiler incorporated into kitchen units, 2 double glazed windows giving double aspect with sea views, radiator and spot lights to ceiling.
BEDROOM 1 10' 05'' x 11' 00'' Double glazed window, radiator, built in storage cupboard and access into: EN SUITE SHOWER Tiled cubicle with white glossy tiled finish having Power Shower off the mains, pedestal wash hand basin with mixer tap, low flush W.C.
both having glossy tiled finish splash backs, double glazed window, radiator, shaver point, extractor and spot lights to ceiling.
BEDROOM 2 8' 09'' x 9' 05'' Double glazed window and radiator and fitted wardrobe included.
BATHROOM/WC Three piece white suite with panelled enclosed bath and mixer tap, pedestal wash hand basin with mixer tap, low flush W.C., white glossy tiled splash backs, double glazed window, radiator and airing cupboard.
MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: DISCLAIMER These particulars have not been approved by the current owners and as such extra care must be taken by any interested party when confirming their accuracy.
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 runs from 1st January 2007 for 125 years. There are 111 years remaining (as of September 2022. The ground rent is £150 PA and the service charge is approximately £140PM.
The service charge covers building insurance, maintenance of gardens, communal areas etc.
WATER METER - yes PARKING ARRANGEMENTS - Allocated 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 Mappleton Drive, Seaham, County Durham, SR7 7DY
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