Low entry auction purchase for cash investors or hands-on renovators.
- Two bedrooms in a Victorian mid-terrace, 589 sq ft
- Vacant possession; offered at online auction (LOT 131)
- Guide price £10,000; buyers’ fee and possible seller charges apply
- Requires full modernisation; kitchen unfitted and windows need repair
- EPC rating F; solid brick walls likely uninsulated (energy works needed)
- Very deprived area with higher crime — affects demand and values
- Council Tax Band A; small rear yard and very small plot size
- Eight-week completion (or earlier); freehold title
A compact two-bedroom mid-terrace offered freehold and sold vacant at online auction — a straightforward refurbishment project in central Hartlepool. The house has traditional Victorian proportions, high ceilings upstairs and a small rear yard; gas central heating and double glazing are present, though installation dates are unknown.
The property requires full modernisation throughout: the kitchen is without fittings, windows need attention and general redecoration and repairs are needed. The EPC is F and the solid brick walls likely lack insulation, so budget for thermal upgrades and possible electrical or plumbing improvements. The surrounding area is very deprived and records higher crime, which will affect rental demand and resale values.
Guide price is £10,000 with a buyers’ fee payable to the auctioneer and an eight-week completion target. For a cash buyer or investor used to auction purchases, this presents low entry cost and potential uplift after repair and energy-improvement works. Assess the legal pack and special conditions for any additional seller charges before bidding.
Suitable for a buy-to-let investor or hands-on renovator who accepts location risk. Immediate vacant possession simplifies access for work, but factor in costs for full modernisation, insulation, and safety compliance before letting or selling.
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