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27 Embleton Street, Seaham, Durham, SR7 7NW

Opening Bid

£49,000

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Opening Bid

£49,000

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Terraced House

Residential

Vacant

27 Embleton Street, Seaham, Durham, SR7 7NW

2

bed

1

bath

1

reception

Council tax: A

freehold

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Residential Development Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom terrace property, located within a prime location in Seaham.

  • Sales Evidence:**35 Embleton Street, Seaham, SR7 7NW sold for £92,999 in October 2024**. **25 Embleton Street, Seaham, SR7 7NW sold for comparable values**.

  • This property offers excellent development potential with the opportunity for BRR (Buy, Refurbish, Rent). It's sure to appeal to shrewd investors looking for a promising project.

  • Once renovated, this property could attract rental income in the range of £700 - £795 per month, offering great yield potential for buyers.

  • Situated in a prime location, the property is close to schools and local amenities, making it an attractive option for families and investors alike.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom terrace located within a prime location in Seaham.

The property comprises two spacious double bedrooms, a well-equipped kitchen, a modern bathroom, and a cozy living room.

This property offers excellent development potential with the opportunity for BRR (Buy, Refurbish, Rent). It's sure to appeal to shrewd investors looking for a promising project.

Once renovated, this property could attract rental income in the range of £700 - £795 per month, offering great yield potential for buyers.

Situated in a prime location, the property is close to schools and local amenities, making it an attractive option for families and investors alike.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**35 Embleton Street, Seaham, SR7 7NW sold for £92,999 in October 2024**. **25 Embleton Street, Seaham, SR7 7NW sold for comparable values**.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Seaham is a charming coastal town located in County Durham, known for its beautiful beaches and scenic views. It offers a peaceful lifestyle with excellent transport links, schools, and local amenities, making it a sought-after location for families and investors.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.