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2 Bed Terraced House, Potential PLO/LOA, Seaham, SR7 7RH £50,000

Dawdon Crescent, Seaham, County Durham, SR7 7RH - 19 days ago
  1. Deal Search
  2. Seaham
  3. SR7
  4. SR7 7RH
Auction
Negative Equity
ROI: 12%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Seaham
  • More Deals in SR7
  • More Negative Equity Deals
  • More Negative Equity Deals in Seaham
  • More Negative Equity Deals in SR7

Property History

Listed for £50,000

-26%

November 17, 2025

Sold for £63,000

2007

Sold for £26,000

2004

Description

  • 2 BEDROOMS +
  • SOLD AS SEEN +
  • REFURBISHMENT REQUIRED +
  • BUYERS PREMIUM APPLIES +
  • IDEAL INVESTMENT +
  • VACANT +

For Sale by Auction – Freehold – No Chain This two-bedroom end-terrace property offers an excellent investment opportunity and is ideally located in a quiet cul-de-sac, close to local amenities, transport links, and schools. Requiring refurbishment, the home provides huge potential to add value and achieve strong rental returns or future resale gains. The ground floor features an entrance hall, spacious lounge, kitchen/diner, and shower room, while the first floor offers two double bedrooms and a separate WC. Offered with no onward chain and sold in partnership with I Am Sold Auction, this Freehold property is perfect for investors, developers, or buyers seeking a project in a popular location.

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.

Agent Details

Dowen, Seaham

0191 625 1051

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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