Property for sale

Cornelia Terrace, Seaham SR7

This exceptional portfolio presents a rare opportunity to acquire five well-maintained houses situated in a prime town centre location, offering a combined current income of £3,850 per calendar month (equivalent to £46,200 per annum), making it a compelling investment proposition. Each property has been thoughtfully designed to cater to the needs of modern tenants, featuring comfortable living spaces and practical layouts that maximise both functionality and appeal. The houses are positioned within close proximity to a wide range of local amenities, including shops, restaurants, and public transport links, ensuring strong ongoing demand from prospective tenants and excellent rental potential. All properties benefit from convenient rear parking, providing added value and ease for residents (a highly desirable feature in a central location). The portfolio is fully let, generating immediate income from day one, and offers the flexibility for investors to retain the current arrangement or explore opportunities for asset management and potential rental growth. The established rental history and consistent occupancy underline the attractiveness and stability of this investment. With the town centre on the doorstep, tenants enjoy unrivalled access to everything the area has to offer, creating a lifestyle that is both vibrant and convenient. The properties themselves have been maintained to a good standard, ensuring minimal immediate expenditure for the incoming owner. This is an ideal acquisition for investors seeking a turnkey opportunity with proven returns, as well as the potential for future capital appreciation given the sought-after location. The portfolio’s configuration also allows for ease of management, with all houses situated in close proximity to one another, streamlining oversight and enhancing operational efficiency. Whether you are looking to expand an existing property portfolio or make a strategic entry into the buy-to-let market, this collection of five houses represents a secure and rewarding investment. Early viewing is highly recommended to appreciate the quality of the accommodation and the strength of the opportunity on offer. For further information or to arrange a viewing, please contact our office and a member of our experienced team will be delighted to assist you.

27 Cornelia Terrace

A spacious Two bedroom, mid terraced property in a very good condition currently tenanted at £625pcm (£7,500 per annum).

28 Cornelia Terrace

A spacious Two bedroom, mid terraced property in good condition. Currently tenanted at £625pcm (£7,500 per annum).

29 Cornelia Terrace

A spacious Three bedroom, mid terraced family home. Currently tenanted at £700pcm (£8,400 per annum).

30 Cornelia Terrace

A spacious Four bedroom, mid terraced family home. Currently tenanted at £950pcm (£11,400 per annum).

31 Cornelia Terrace

A spacious Four bedroom, end of terrace family home. Currently tenanted at £950pcm (£11,400 per annum).