2-bedroom flat · SR7 7DY
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Properties have pleasure in offering for rent, this beautifully presented and much improved, ground floor apartment with two double bedrooms.
The property is situated in a desirable location only a stones throw from the beach and sea front promenade.
The impressive floor plan comprises of a hallway, living room with french doors opening to a contemporary kitchen with space to dine.
There are two double bedrooms, the master with luxurious ensuite and a further stylish bathroom. Externally there are communal gardens and an allocated parking space.
Mappleton Drive occupies a pleasant position on this extremely popular residential development where there are a range of local shops and facilities.
A more comprehensive range of shopping and amenities are available within Seaham Town Centre which lies a short walk away.
Seaham is well placed for commuting purposes having easy access to the A19 Highway providing good road links to all regional centres.
Ground Floor Communal Entrance A well maintained communal hallway with secure entry system. Hall With cloaks cupboard and radiator.
Living Room (3.58 x 3.42 (11'8" x 11'2")) A well presented reception room with a UPVC double glazed window and french doors, radiator and entry telephone.
Kitchen/Diner (3.43 x 3.07 (11'3" x 10'0")) Comprehensively fitted with a range of white gloss units with contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in stainless steel oven and hob with stainless steel extractor over, an integrated washer/dryer and fridge/freezer space.
Further features include a UPVC double glazed window, recessed spotlighting, tiled flooring and cupboard housing the combi gas central heating boiler.
Bedroom One (3.74 x 3.62 (12'3" x 11'10")) Generous double bedroom with a UPVC double glazed window, fitted wardrobes, a further built in wardobe and radiator.
Ensuite (1.88 x 1.82 (6'2" x 5'11")) Luxurious ensuite comprising of a cubicle with large overhead rainfall shower, a hand wash basin inset to a vanity unit and WC.Having fully tiled walls and flooring, recessed spotlighting, a vanity mirror and extractor fan.
Bedroom Two (3.42 x 2.44 (11'2" x 8'0")) Further double bedroom with a UPVC double glazed window to the front and radiator.
Bathroom/Wc (2.43 x 1.82 (7'11" x 5'11")) Stylish bathroom comprising of a panelled bath, pedestal wash basin and WC.
Having tiled splashbacks and flooring, recessed spotlighting, radiator and extractor. External Externally there are communal gardens and an allocated parking space.
Tenant Information All of our rental properties require a Holding Deposit equivalent to 1 week’s rent.
The Tenant is entitled for this Holding Deposit to be repaid within 15 calendar days of their application proceeding.
However, in most cases we hope to repay this to the Tenant on the day you move in and this will be deducted from your first month’s rent.
This will need to be agreed with the Tenant during the application process. You will lose your Holding Deposit if any of the following occurs: 1. You give us false or misleading information.
For example, incorrect salary/income details or you fail to tell us about a ccj. 2. You fail a Right to Rent check and are not eligible to reside in the UK. 3. You withdraw your application. 4.
You drag your feet during the application process. All of our rental properties will require a Security Deposit, payable on the day you move in, equivalent to one months rent.
Bond/Deposit The security deposit (bond) amount is equivalent to 4 weeks rent. Agent Notes Please note the photos were taken before the start of the tenancy.
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
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FAQ
About 2, Mappleton Drive, Seaham
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