
North East
£47,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £47,000, this two-bedroom Seaham terrace is a notably cheap acquisition: its £66/sq ft asking price is well below the local average of £145/sq ft. The open-plan living space, French doors to the rear garden and coastal-town setting give it a useful starting point, while the dated finishes and visible marks or possible staining offer scope for a light refresh. The kitchen and bathroom appear usable, so the work can focus on updating rather than starting from stripped-out rooms.
The rear garden is a clear blank canvas, though it needs clearing and the damaged fencing needs attention. The £6,000–£12,000 renovation range suggests a modest project; the engine’s £56,000 midpoint purchase-plus-renovation figure is not a GDV and excludes fees and stamp duty. The property is offered with a tenant in situ and for cash buyers only, so buyers should factor those terms into their plans.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Seaham Rail Station
0.7 miles
Train · Seaham
Horden
4.8 miles
Train · Horden
Park Lane (Tyne and Wear Metro Station)
5.3 miles
Metro · Park Lane
University (Tyne and Wear Metro Station)
5.4 miles
Metro · University of Sunderland
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.