Auction
Auction date passed
This lot went to auction on 30 September 2026 (22 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
3-bedroom terraced house · SR7 7TQ
For saleListed 33 daysAuction 30 Sep · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale By Auction LIVE ONLINE AUCTION 30 September 2026 OPTION 1 Offered for sale with a tenant in situ is this three bedroomed terraced house located on Polemarch Street. Further details to follow.
The property is currently let at £650pcm (awaiting sight of tenancy agreement).
Property details provided by Kimmitt & Roberts EPC rating: D Council Tax Band: A Tenure: Freehold For Sale By Auction LIVE ONLINE AUCTION 30 September 2026 OPTION 1 Disclaimer 1 The Agents Property Auction have not inspected this property.
The property details have been supplied by KR. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see Disclaimer 2 Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
At your request we can refer you to a North East based Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee between £200 plus VAT (£240) and £400 plus VAT (£480) from them for the recommendation.
Disclaimer 3 A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Details awaiting vendors approval. Disclaimer 4 We are advised by the seller that the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.
The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.
Ofcom website states the average broadband download speed of 12Mbps and the fastest package of 1800Mbps at this postcode:; SR7 7TQ and mobile coverage is provided by EE (good), Three (good outdoor and variable indoor) , 02 (good outdoor and variable indoor) and Vodaphone (good outdoor and variable indoor) MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
WATER METER - No PARKING ARRANGEMENTS - Street 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.
It is our normal policy to obtain a completed consumer protection regulations property questionnaire from the seller regarding the property and then disclose any material information to the buyer in accordance with the relevant Consumer Protection Regulations.
We have been unable to obtain such a questionnaire in this case and we would ask all interested parties to keep this in mind if they are willing to proceed further.
Disclaimer Kimmitt & Roberts Estate Agents Limited have not inspected this property. The property details have been supplied by Agents Property Auction. None of the services have been tested.
Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
Disclaimer Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers' minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
Disclaimer A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Disclaimer We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Polemarch Street, Seaham, Durham, SR7 7TQ
Explore nearby
