Burdon Crescent, Seaham, SR7 0JQ

Property Overview

Source facts: Spacious three-bedroom semi-detached freehold house on Burdon Crescent, Seaham, SR7 0JQ. The property has gas-fired central heating, double glazing, gardens, a front garden driveway and garage.

Accommodation

• Entrance porch and hallway
• Lounge: 3.7 x 3.4m plus bay
• Dining room: 3.4 x 3.4m
• Extended kitchen: 4.9 x 2.4m
• Three bedrooms: 3.2 x 3.1m max, 3.6 x 3.4m max, and 2.4 x 2.1m max
• Shower room
• Garage

Location

Source facts: Situated within a short drive of Seaham Town Centre, close to New Seaham Primary School on Byron Terrace, local amenities, the A19 and a bus stop with regular service into town.

Tenure & Key Information

• Tenure: Freehold
• EPC: D
• Council Tax: Band B
• Heating: Gas-fired central heating
• Parking: Garden driveway and garage to the front
• Services: The seller advises that mains gas, electricity, water and sewerage are provided.
• Surface water flooding: Seller advises very low risk.
• Occupancy status and possession arrangements: Not provided.

Auction & Buyer Charges

• Guide price: £150,000+
• Auction date: 30 September 2026
• Buyer premium: Not supplied
• Auction administration fee: £2,400 including VAT (£2,000 + VAT)
• Under Option 2 terms, a £3,000 deposit is payable by the buyer and deducted from the purchase price.

Investment Analysis

HB estimates: No completed-sale comparables or condition evidence were supplied, so market value and GDV cannot be reliably estimated. The £150,000+ guide price is not a confirmed market value.

• Estimated rent range: £550–£750 pcm
• Estimated gross yield against the £150,000 guide price: 4.4%–6%
• The more relevant £750 pcm asking rent implies an HB gross yield of approximately 6.0% before the £2,400 administration fee and other costs.
• No HB maximum bid is provided because costs, condition, finance requirements and target return are unknown.

HB yield estimates exclude finance, voids, maintenance, management and purchase costs.

Sold Comparables

No HM Land Registry completed-sale comparables were supplied. Market value is therefore unverified.

Rental Evidence

Advertised asking rents only; these are not achieved or passing rents.

Evidence	Property	Advertised rent
Zoopla	3-bedroom semi-detached house, SR7 9HY	£750 pcm
PrimeLocation	3-bedroom flat/apartment, Fox Street, Seaham, SR7 7UL	£550 pcm

HB estimates: The rental evidence supports an estimated range of £550–£750 pcm, with the £750 pcm semi-detached house being the more relevant indicator. The £550 pcm flat is less comparable.

Strategy & Risks

HB estimate and strategy: Proceed only subject to inspection, legal-pack review and confirmation of achievable rent.

• No completed-sale comparables were supplied, so market value is unverified.
• Occupancy status and possession arrangements are not provided.
• Property condition and refurbishment requirements are unknown.
• Rental evidence is limited to advertised asking rents, not achieved rents; one comparable is a less relevant flat.
• Buyer premium and other acquisition costs are not supplied.
• The £2,400 administration fee reduces the net investment return.