Summary - 7 CORONATION AVENUE BLACKHALL COLLIERY HARTLEPOOL TS27 4HR
2 bed 1 bath Terraced
Two-bed mid-terrace with driveway, tenant in situ and strong immediate yield potential..
- Two-bedroom Victorian mid-terrace, approx. 775 sq ft
- Private driveway parking and front/rear gardens
- Currently let; tenants in place for six years
- Gross annual income £4,920; current yield c. 8.95%
- Requires modernisation and refurbishment throughout
- Small plot and compact rooms; limited capital-growth outlook
- Located in an area of deprivation; steady rental demand
- Buyer's premium applies; limited interior/exterior photos available
A straightforward buy-to-let opportunity in Blackhall Colliery, offered freehold at a low entry price. This two-bedroom mid-terrace (circa 775 sq ft) comes with private driveway parking and small front and rear gardens, currently let to the same tenants for six years. It produces a gross income of £4,920 per year (current yield c. 8.95%; potential c. 10.58% at market rent).
The property is best suited to investors or developers seeking immediate rental income and modest refurbishment scope. The house is a period Victorian terrace with standard ceiling heights and mid-century living-room features, but it requires modernisation throughout — internal and some external elements are dated. No significant flooding risk and local crime is very low, supporting reliable tenancy demand.
Material considerations are clear: the property sits in an area of relative deprivation and offers a small plot with compact rooms, so capital-growth prospects are modest. The sale includes an occupied tenancy (tenants intend to stay) which transfers income but limits immediate vacant possession. A buyer's premium applies to secure the transaction; only the cover sheet and limited details are provided, so purchasers should review the full Let Property Pack and conduct independent inspections before bidding.
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