£50,000
2 bed terraced house for saleWatt Street, Murton, Seaham, County Durham SR7
2 beds
1 bath
1 reception
EPC Rating: E
Reduced on
About this property
2 bedrooms
Terrace
Tenanted investment
£650 pcm
Sold as seen
Buyers premium applies
auction set 17th September 14:00 visit to register your bid !
A smart investment opportunity, this two‐bedroom mid‐terrace home is currently let at £625pcm, offering immediate rental income and a straightforward addition to any portfolio. Positioned within walking distance of local schools, shops and everyday amenities, it provides reliable appeal for long‐term tenants.
The ground floor features an entrance hall leading into a comfortable lounge, complete with a feature fireplace and useful built‐in storage. To the rear sits a fitted kitchen/breakfast room, offering practical space for day‐to‐day living. Upstairs, there are two well‐proportioned bedrooms along with a bathroom, creating a simple, functional layout suited to a range of occupants.
The home benefits from double glazing throughout and electric heating, ensuring easy maintenance for landlords. Externally, both the front and rear offer driveways providing off‐street parking for one car each, a rare advantage for a mid‐terrace property.
This property is sold as seen and offered in partnership with I Am Sold auction, making it a transparent and efficient purchase route for investors seeking a ready‐made rental asset.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Outside
Bathroom
Kitchen
Living Room
Outside
Bedroom
Bedroom
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