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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

North East

£23,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor two-bedroom flat presents a promising opportunity for renovation enthusiasts and investors alike. Nestled within an end of terrace building, the property boasts a spacious layout that includes a reception room, kitchen, two bedrooms, and a bathroom. While the flat is currently vacant and in need of refurbishment, its potential is significant given its favorable leasehold status with nearly 971 years remaining. Positioned on a well-connected residential road near local shops and amenities, as well as the scenic Slope Beach, this property could transform into an attractive rental or starter home with thoughtful updates. The lack of internal viewings allows buyers to envision their own designs from scratch.

Investment Analysis

(SR7 area)
Area Average
£147/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.5%

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
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SR7)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +13.5%
5 year growth: -0.8%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£81
Based on a loan of £17,250 over 30 years at 3.91% 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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