Worst House on the Street Logo
33 Frederick Street, Seaham, County Durham, SR7 7HX - Image 1
33 Frederick Street, Seaham, County Durham, SR7 7HX - Image 2
33 Frederick Street, Seaham, County Durham, SR7 7HX - Image 3
33 Frederick Street, Seaham, County Durham, SR7 7HX - Image 4

33 Frederick Street, Seaham, County Durham, SR7 7HX

North East

£23,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This vacant ground floor two-bedroom flat presents a compelling opportunity for investors or individuals looking to create their ideal living space. Located within an end-of-terrace building, the accommodation includes a reception room, kitchen, two bedrooms, and a bathroom. While the property is in need of refurbishment and repairs, its generous lease of approximately 971 years remaining adds significant value. Situated on a residential road close to local amenities and just a short distance from The Slope Beach, as well as transport links via Seaham rail station, this flat offers both potential for rental income and personal customisation. Given the current condition and lack of internal viewings, this property requires a comprehensive renovation to unlock its full market potential.

Investment Analysis

(SR7 area)
Area Average
£138/sq ft
Avg Rent (weekly)
£162
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SR7)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 15.0%
5 year growth: 7.1%
Investment Disclaimer: Analysis based on SR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

33 Frederick Street, Seaham, County Durham, SR7 7HX
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£84
Based on a loan of £17,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Similar Properties