2-bedroom flat · SR7 8RN
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 83 | The Finholme | Seaham Garden Village Phase 2 Located on the top floor, this apartments provides a spacious and modern living space.
As you enter through the door, you have a storage cupboard to the right and a utility space to the left. An all-in-one lounge and kitchen area is bright and spacious.
With a balcony opening out from the lounge. The modern kitchen area with breakfast area provides ample storage. The generously sized Bedroom 1 is complete with it's own private ensuite.
Bedroom 2 is well-sized, perfect for guests staying over or could be used as a home office or dressing room.
Tenure: Leasehold Estate management fee: £119 Estate management company: Trustgreen Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property EPC rating: TBC Warranty provider: NHBC Document signing fee: £120 First Time Buyer Stamp Duty Land : Estimated amount may apply depending on buyer circumstances.
Please check with your solicitor or current government guidance. Second Time Buyer Stamp Duty Land Tax : £899.90. Estimated amount may apply depending on buyer circumstances.
Please check with your solicitor or current government guidance.
Investor reservation fee: 1% of purchase price Private sale reservation fee: £1,000 Room Dimensions Second Floor Apartment Lounge - 5.25m x 3.10m, 17'3" x 10'2" Kitchen Dining - 2.53m x 2.89m, 8'4" x 9'6" Bedroom 1 - 3.41m x 3.38m, 11'2" x 11'1" Ensuite to Bedroom 1 - 1.50m x 2.10m, 4'11" x 6'11" Bedroom 2 - 3.07m x 2.32m, 10'1" x 7'7" Bathroom - 2.20m x 2.10m, 7'3" x 6'11"
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 Cold Hesledon Seaham Seaham SR7 8RN
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