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Melrose Crescent, Seaham, County Durham, SR7 - Image 1
Melrose Crescent, Seaham, County Durham, SR7 - Image 2
Melrose Crescent, Seaham, County Durham, SR7 - Image 3
Melrose Crescent, Seaham, County Durham, SR7 - Image 4
Melrose Crescent, Seaham, County Durham, SR7 - Image 5
Melrose Crescent, Seaham, County Durham, SR7 - Image 6
Melrose Crescent, Seaham, County Durham, SR7 - Image 7
Melrose Crescent, Seaham, County Durham, SR7 - Image 8
Melrose Crescent, Seaham, County Durham, SR7 - Image 9
Melrose Crescent, Seaham, County Durham, SR7 - Image 10
Melrose Crescent, Seaham, County Durham, SR7 - Image 11
Melrose Crescent, Seaham, County Durham, SR7 - Image 12

Melrose Crescent, Seaham, County Durham, SR7

North East

£89,950
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
850 sqft

Description

This three-bedroom mid-link property presents a significant opportunity for those looking to invest in a comprehensive renovation project. Featuring gas central heating and double glazing, the property is in need of full refurbishment throughout, allowing new owners to tailor every aspect to their individual tastes or investment goals. The spacious layout includes an entrance hallway leading to a generous lounge and a dining kitchen, with ample natural light pouring into each room. Upstairs, you'll find three well-sized bedrooms and a family bathroom ready for modernisation. The front and rear gardens add potential for outdoor improvements or landscaping. Located within a desirable residential area and just 2 miles from Seaham Town Centre, this property offers easy access to local amenities and transport links via the A19, perfect for commuting.

Investment Analysis

(SR7 area)

Below Market Value

This property is priced -27.0% below area average per sq ft

-27.0%
Potential saving
This Property
£106/sq ft
Area Average
£145/sq ft
Avg Rent (weekly)
£145
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£135,622
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SR7)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +10.6%
5 year growth: -2.7%
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

Melrose Crescent, Seaham, County Durham, SR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£321
Based on a loan of £67,462 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-5.3% since listed
£89,950£5,050(-5.3%)
31/10/2025
Current price
£95,000Initial listing
31/10/2024

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