2-bedroom terraced house · SR7 7JT
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** offers are invited between £60,000 & £70,000 ** are you looking for somewhere where you can craft your own box ticking home?
Or are you an investor looking to take advantage of A seaside location and A ready demand of tenants? Alternatively, is A little bit of A project tickling your fancy?
This property is suitable for all.
Situated moments from seaham seafront, and an equally as short walk to shops, amenities and the 'central area' it is A pleasing location with A genuine angled sea view from the front.
In brief the accommodation provides an entrance hall, A spacious reception room, A lengthy kitchen, A rear lobby and A downstairs bathroom, whilst to the first floor there is A small landing, A bedroom and A sectioned off dressing room / office area and A further second bedroom to the rear.
The property albeit in need of some cosmetic upgrading / modernisation offers A good amount of space to work with. The added benefit of being sold with no onward chain!
Entrance Hall Accessed via the front Entrance Hall there is a staircase leading to the first floor accommodation, and a further internal door leading in to the Lounge.
Lounge (4.438 x 3.986 (14'6" x 13'0")) A spacious reception room located to the front of the property offering a radiator, a front facing window, a fireplace (which the owner informs us can be reinstated to a working fire) and an understairs cupboard / storage area that houses the central heating boiler.
Kitchen (3.191 x 2.461 (10'5" x 8'0")) Offering a range of fitted wall and base units with contrasting work surfaces set over inset with a sink and drainer unit, and allowing space for a a fridge freezer and space for a washing machine.
There is a side facing window, and an additional built in cupboard for storage. Lobby Set between the Kitchen and the Bathroom, allowing access into the yard area courtesy of an external door.
Bathroom Offering a three piece suite comprising of a bath, a low level w.c., and a wash hand basin. There is also a radiator, and a side facing window.
First Floor Landing Providing access into both upper floor rooms.
Dressing Room / Office (3.568 x 2.090 (11'8" x 6'10")) A sectioned off area of the main Bedroom, however one which can be reinstated to form part of one main Bedroom once more.
There is a partition wall between to the two and a doorway into what is still used as a Bedroom.
Front Bedroom (3.545 x 2.25 (11'7" x 7'4")) A Bedroom which offers exposed wood flooring, a front facing window, alcove storage, and a radiator.
Rear Bedroom (2.486 x 4.283 (8'1" x 14'0")) A spacious further Bedroom which has a rear facing window, and a radiator. Exterior A all enlcosed yard which allows access to the rear alley beyond
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 4, Mary Street, Seaham
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