Summary - 10, Eloise Close, SEAHAM SR7 7TX
2 bed 1 bath Terraced
Freehold two-bed terrace with immediate rental income and off-street parking.
- Two bedrooms, mid-terraced freehold property
- Let at £500 pcm — immediate rental income
- Gross yield approximately 8.6% at asking price
- Gas central heating and double glazing throughout
- Off-street parking and small front and rear gardens
- Built post-2007; modern construction and layouts
- Located in a very deprived area; resale risk possible
- Compact rooms and small plot; limited expansion potential
A compact two-bedroom mid-terraced house offered freehold in Seaham, currently let at £500pcm. The home benefits from gas central heating, modern double glazing and off-street parking — practical features that reduce immediate maintenance outlay. Built post-2007, the property is modern in style and presents straightforward layouts: a fitted kitchen, ground-floor WC, lounge with French doors and two first-floor bedrooms.
This property will suit investors seeking an immediate income: at the asking price of £70,000 the current rent equates to a gross yield of about 8.6%. It also appeals to first-time buyers or downsizers looking for a low-upkeep urban home near local amenities, transport links and several well-rated primary and secondary schools.
Notable downsides are the location context and scale: the wider area is classified as very deprived with constrained rental demographics, which may affect future rental growth and resale demand. The plot and gardens are small, rooms are compact and the property is currently tenanted, so vacant possession timing would depend on tenancy terms. Prospective buyers should view to assess condition and tenant arrangements before committing.
2 bedroom terraced house for sale in Ilchester Street, Seaham, Durham, SR7 7LW, SR7 — £84,950 • 2 bed • 1 bath • 776 ft²
2 bedroom end of terrace house for sale in Stewart Street East, Seaham, Seaham District, SR7 , SR7 — £85,000 • 2 bed • 1 bath • 1131 ft²
3 bedroom terraced house for sale in West Street, Seaham, County Durham, SR7 — £65,000 • 3 bed • 1 bath • 1045 ft²
2 bedroom terraced house for sale in The Avenue, Seaham, Durham, SR7 8LG, SR7 — £95,000 • 2 bed • 1 bath
2 bedroom terraced house for sale in The Avenue, Seaham, County Durham, SR7 — £99,950 • 2 bed • 1 bath • 709 ft²
2 bedroom terraced house for sale in Eloise Close , Seaham, County Durham, SR7 — £70,000 • 2 bed • 1 bath • 595 ft²
