Summary - 15 ILCHESTER STREET SEAHAM SR7 7LW
2 bed 1 bath Terraced
Part-refurbished coastal terrace — strong rental yield and move-in ready.
Two double bedrooms and bright reception room in compact 776 sq ft layout
Projected rent £600pcm (£7,800pa) — approx. 9.0% gross yield
Part-refurbished and move-in ready with modern bathroom and fitted kitchen
Freehold tenure; mains gas boiler and radiators heating
Small rear plot; limited outdoor space
Area classified as very deprived; constrained renter market nearby
Built 1930–1949 — older construction may need future maintenance
Fast broadband and excellent mobile signal, coastal location
This two-bedroom mid-terraced home in Seaham offers a straightforward, low-maintenance option for investors or first-time buyers seeking immediate occupancy. Recently part-refurbished, the property is presented with neutral decor, a modern bathroom, and a fitted kitchen ready for everyday use. The layout provides two double bedrooms and a bright reception room across a compact 776 sq ft footprint.
Financially the house is notable for its projected rental income of £600pcm (£7,800pa), which produces an advertised 9.0% gross yield at the asking price. Freehold tenure, mains gas heating with a boiler and radiators, double glazing and fast broadband/mobile connectivity support rental demand in this coastal town setting.
Buyers should be aware of the local context: the area is classified as very deprived with a concentration of constrained renters, and crime levels are average. The plot is small and the house dates from the 1930–1949 period, so hidden maintenance items typical of older terraced stock remain possible. The property has been partly refurbished but buyers wanting a long-term family home or higher-spec finishes may want to budget for further improvements.
Nearby amenities include good-rated local primary schools, a playground, leisure facilities and community centre, supporting family or tenancy appeal. With a competitive price, this is a practical, income-producing opportunity for investors or a modest, move-in-ready starter home for first-time buyers.
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