Summary - 5, Rainton Street, SEAHAM SR7 7QS
2 bed 1 bath Terraced
Immediate rental income in a coastal town location.
Two-bedroom Victorian mid-terrace, approx. 706 sq ft
Tenant in situ delivering £425 pcm rental income
Freehold tenure with a small front garden and rear yard
Sold via online auction — fees apply
Located in a very deprived, blue-collar terrace area
Cavity walls as built; no added insulation assumed
Double glazing present; installation date unknown
Small plot and limited immediate capital-growth prospects
A classic Victorian mid-terrace offering two bedrooms and an immediate rental income. The property is freehold and currently let, producing £425 per month, making it suitable for buy-to-let investors wanting immediate returns. The house totals approximately 706 sq ft and sits on a small plot with a front garden and a rear yard.
The accommodation is straightforward: two bedrooms, one bathroom, and a modernised kitchen with laminate worktops and built-in oven. Heating is mains gas via a boiler and radiators; windows are double glazed though install date is unknown. The building dates from c.1900–1929 and has cavity walls as built with no added insulation assumed—worth budgeting for improvement works to raise efficiency.
Key practical points: the property is in a very deprived local area of blue-collar terraces and sits within a constrained renters neighbourhood, which affects long-term capital growth potential but supports strong rental demand. It will be sold at an online auction (fees apply) and is offered with a tenant in situ, so viewings and vacant-possession timing are constrained by tenancy.
For investors this is a low-entry opportunity with immediate income; for a hands-on buyer it offers scope to improve thermal performance and interior finish to increase value. Material considerations include area deprivation, small plot size, assumed lack of wall insulation, unknown double-glazing age, and auction fees — all factors to assess before bidding.
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