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3 Bed Terraced House, Cash/Bridging Only, Seaham, SR7 9AR £35,000

10 James Street North, Murton, SR7 9AR - 5 months ago
  1. Deal Search
  2. Seaham
  3. SR7
  4. SR7 9AR
Sold STC
Auction
BTL
ROI: 13%
86 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Seaham
  • More Deals in SR7
  • More Single Let Deals
  • More Single Let Deals in Seaham
  • More Single Let Deals in SR7

Property History

Price changed to £35,000

August 7, 2025

Listed for £45,000

July 18, 2025

Floor Plans

Description

  • INVESTMENT +
  • 3 BEDROOM HOME +
  • TO BE SOLD WITH TSITU +

Located on James Street North, Murton, this 3-bedroom terraced home presents an ideal investment opportunity.

Currently tenanted with a reliable tenant in situ paying £400pcm, the property offers immediate rental income and a secure start for any investor. The local market rent for similar properties in the area is around £550 per month, providing ample room for a rent increase.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

We are thrilled to offer for let this 3 bedroom property in Murton with modern decor, GCH & DG throughout. The property considered applicants.

The property briefly comprises:-

*Entrance with laminate flooring
*Open plan living and dining room
*Kitchen with a range of base and wall units with contrasting worktops, fitted oven & hob, stainless steel sink unit with chrome taps and tiled flooring
*Bathroom with fitted white suite, shower over bath and tiled flooring
*2 Double Bedrooms
*1 Single Bedroom

Externally the property is situated in a pedestrianized street making this an ideal family home.

A holding deposit of ones weeks rent is payable on application. Please contact the office for further information on this and all properties are subject to a bond which can be up to the value of a months rent see our website for full details on thea application process castledene.co.uk

Agent Details

Holbrook & Co, Seaham

0191 607 0206

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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