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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 15/01/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor two-bedroom flat presents an appealing opportunity for investors or those looking to enter the property market. Located within an end-of-terrace building, this leasehold property is situated on a residential street close to local amenities and just a short distance from The Slope Beach. Although the flat is currently vacant and requires a comprehensive refurbishment, it offers considerable potential to create a comfortable living space tailored to modern tastes. Accommodation includes a reception room, kitchen, two bedrooms, and a bathroom. With approximately 971 years remaining on the lease, this flat is primed for transformation into a desirable rental or personal residence in the increasingly popular North East region.

Investment Analysis

(SR7 area)
Area Average
£142/sq ft
Avg Rent (weekly)
£157
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (SR7)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +13.1%
5 year growth: +3.5%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£83
Based on a loan of £17,250 over 30 years at 4.06% 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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