Ready-rented central two-bedroom offering instant income and parking.
2-bedroom leasehold flat, approx. 675 sq ft
Immediate income: current gross annual rent £4,800
105 years remaining on the lease
Communal off-street parking and shared front garden
Period building with high ceilings and bay windows
Area: very high crime and very deprived locality
Internal condition and HMO compliance unknown — review required
Buyer’s Premium applies to the sale process
This two-bedroom leasehold apartment in central Hartlepool offers an immediate rental income and straightforward buy-to-let appeal. Set within a period Georgian-style building, the flat benefits from high ceilings and communal off-street parking plus a shared front garden. The current tenant has been in situ less than a year and wishes to remain, producing a gross annual income of £4,800.
The apartment measures approximately 675 sq ft and comes with 105 years remaining on the lease, reducing medium-term tenure risk. Practical positives include low flood risk, excellent mobile signal and fast broadband — useful for attracting long-term renters. The location in the town centre supports strong rental demand from workers and students, with many local amenities and transport links within walking distance.
Buyers should note clear drawbacks: the area records very high crime levels and is classified as very deprived, which will affect tenant profiles and likely rental values. Internal condition and compliance for HMO or other change-of-use are not confirmed from the listing and should be inspected. The sale is leasehold and a Buyer’s Premium applies to the transaction process.
This opportunity suits investors or developers seeking an entry-priced, income-producing asset with refurbishment or re-letting potential. A full Let Property Pack is available for income and tenancy documentation; buyers should review rent roll, tenancy terms and service charges, and factor refurbishment and management costs into yield calculations.
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