Investment Type: BUY-TO-LET
Est. Completion: AVAILABLE
Overview
A rare opportunity to acquire a freehold end-terraced property converted into two spacious self-contained apartments—perfectly positioned in the popular coastal town of Seaham. Located on Frederick Street, this characterful and solidly built property offers immediate income with strong potential for increased yields.
The property is pavement-fronted with ample on-street parking and benefits from an enclosed shared rear garden, which adds to its tenant appeal.
Property Details
Accommodation Breakdown
Flat Ground Floor (1 Bedroom)
This flat is home to a long-term tenant of over 14 years—a furniture maker who has lovingly customised the property with unique features such as a handmade and hand-painted kitchen, and a bespoke fire surround and hearth, both included in the sale.
Flat – First Floor (2 Bedrooms)
The first-floor apartment is currently vacant and presents a perfect opportunity to increase rent in line with the current Seaham market.
Key Features
Investment Potential
Seaham continues to experience strong rental demand, high yields, and year-on-year growth, making this an ideal addition to any property portfolio. There's clear scope to increase rental returns, particularly for the spacious two-bedroom first-floor apartment.
Location
Seaham , United Kingdom
Tenure
Freehold Property
Completion
Completed and Tenanted
Rental Yield
9.1%
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Call our team today on +44 (0) 161 337 3890