North Railway Street Back, Seaham, SR7 7DB

Property Overview

A substantial three-bedroom detached family home at North Railway Street Back, Seaham, SR7 7DB. The property is offered with a guide price of £99,950+ and is described as rarely available.

Accommodation

• Entrance hall
• Lounge: 4.2m x 3.8m max
• Kitchen: 3.6m x 2.5m
• Dining room: 3.6m x 3.0m
• Bedroom 1: 3.9m x 3.1m
• Bedroom 2: 3.6m x 3.1m
• Bedroom 3: 2.5m x 2.5m
• Bathroom: 2.6m x 1.5m max
• Separate WC: 1.5m x 0.8m

Location

The property is located at North Railway Street Back, Seaham, SR7 7DB. No further location information was supplied.

Tenure & Key Information

• Tenure: Freehold
• Occupancy status: Not supplied
• EPC: D
• Council Tax: Band A
• Services: The seller advises mains gas, electricity, water and sewerage.
• Surface water flooding: Very low risk, as advised.
• Parking and heating details: Not supplied.

Auction & Buyer Charges

• Guide price: £99,950+
• Auction date: 30 September 2026
• Auction administration fee: £2,000 + VAT, totalling £2,400
• Buyer premium: Not supplied
• If the buyer chooses a solicitor from the auctioneer’s North East panel, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480).

Investment Analysis

HB estimates only: Available advertised three-bedroom rental evidence indicates £750–£775 pcm, producing an HB gross yield estimate of approximately 9.0%–9.3% against the guide price, before costs.

Including the stated £2,400 administration fee, the indicative acquisition cost is at least £102,350 before other purchase costs, reducing the HB gross yield estimate to approximately 8.8%–9.1%.

No HB estimated GDV, refurbishment range or maximum bid is available. The guide price is not independently validated as market value.

Sold Comparables

No completed-sale comparables or HM Land Registry sold data were supplied. Market value and GDV therefore remain unverified.

Rental Evidence

The following is advertised asking-rent evidence only and does not represent achieved or passing rent.

Source	Property Evidence	Advertised Rent
Rightmove	Three-bedroom semi-detached properties in Seaham	£775 pcm
Zoopla	Three-bedroom detached property, SR7 9HY	£750 pcm

Strategy & Risks

Proceed only after confirming condition, vacant or tenanted status, legal title and achievable rent. Treat £750–£775 pcm as advertised asking-rent evidence rather than achieved rent.

• No completed-sale comparables were supplied, so market value and GDV are unverified.
• Rental evidence is limited to two advertised asking rents and may not reflect achieved rent.
• Property condition and refurbishment requirements are unknown.
• Occupancy status was not supplied.
• A £2,400 auction administration fee applies, with other purchase costs not provided.
• The guide price is stated as £99,950+ and may be exceeded at auction.
• No defensible maximum bid can be calculated without a target return, refurbishment budget and fuller acquisition-cost information.