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Alfred Street, Seaham

North East

£135,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home presents an excellent renovation opportunity in the heart of Seaham Harbour, just a short stroll from the sea front. Having been held within the same family for many years, the property is primed for updating and modernization, allowing new owners to tailor it to their taste and specifications. Upon entering, you'll find an entrance hall that leads into two spacious reception rooms. The first reception room features a large bay window that floods the space with natural light and boasts original architectural details such as high ceilings and a traditional open fire. The second reception room offers views of the rear courtyard, creating a cozy atmosphere with its brick fireplace and built-in shelving. The kitchen is functional but would benefit from contemporary upgrades. It includes various wall and floor units, an integrated electric oven, a four-ring gas hob, and space for essential appliances. A door conveniently leads out to the rear yard, which has potential not only for outdoor relaxation but also for vehicle access if desired. On the upper level, you will find three bedrooms. The large master bedroom has an adjoining bathroom featuring a walk-in shower and ample storage options. The second bedroom also retains appealing original features such as a decorative fireplace, while the third bedroom is well-sized to accommodate a double bed. The property’s outdoor space includes a sizable rear yard that enjoys sunlight throughout much of the day—a valuable asset for any homeowner looking to enhance their living environment or create off-road parking. Located within walking distance of local amenities and scenic coastal walks, this property offers both comfort and potential in one of Seaham Harbour’s desirable areas. With thoughtful renovation efforts, this home could become an attractive residence or investment opportunity in an up-and-coming location.

Investment Analysis

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

Renovation Potential

Light 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

Alfred Street, Seaham
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 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.

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