2-bedroom flat · SR7 0HL
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We have pleasure offering for sale this well improved and pleasant two bedroom First Floor flat with Electric Central Heating and Double Glazing.
Ideal for first time buyers and investors alike, the property has accommodation which comprises; Communal Hallway, Hall, Lounge, Kitchen, Two Bedrooms and a bathroom with separate shower.
To the rear is parking. Viewing essential for full appreciation.
Entrance Hall - with entrance door and built in storage cupboard Lounge - 6.1m x 3.8m (max) - with two double glazed windows and media wall Kitchen - 2.3m x 2.3m - with wall and base units with contrasting worktops, electric hob, electric oven, tiled splash backs and stainless steel sink unit Bathroom - having panel bath, stand alone shower, w.c.
and wash hand basin Bedroom 1 - 4.6m x 3.2m - with double glazed window Bedroom 2 - 3.8m x 2.7m - with double glazed window Disclaimer - MATERIAL INFO - TENURE - We are advised by the vendor that the property Leasehold.
Lease was for 125 years when built in 2005. We are advised the ground rent is £524.00 PA.
There is a yearly Maintenance Charge of around £1369 that includes general maintenance of communal areas and buildings insurance.
This information has been provided by the vendor and has not been verified. We have not inspected the Title Deeds and nor have we had solicitor confirmation.
Water Meter We are advised the property does not have a water meter. Council Tax Band We are advised that the council tax band is A
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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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 Dovedale Court, Seaham, Durham, SR7 0HL
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