**Standout Features:**
- Two-bedroom ground floor flat in Hartlepool
- Allocated off-street parking space
- Potential rental return of approximately £450pcm
- Close proximity to local shops, amenities, and public transport
- Strong interest expected as it will be sold at auction
**Concerns:**
- Leasehold with only 64 years remaining, which may impact mortgage eligibility
- High crime rates in the area
- Requires significant renovations, including cosmetic updates and potential damp treatment
- Service charge of £1,000 per year
This two-bedroom ground-floor flat at Wynyard Mews presents an excellent investment opportunity, offering the chance to convert a blank canvas into a profitable rental property or a cozy first home. With 657 square feet of space, it features a lounge, kitchen, two bedrooms, and a bathroom, making it a functional layout for family living or investors looking to optimize rental income.
Located within walking distance to essential amenities like shops, schools, and public transport, this property combines convenience with potential. However, prospective buyers should be aware of the property’s condition, which reflects a need for renovation due to cosmetic issues and possible dampness. The leasehold status, with only 64 years remaining, may also pose challenges for financing options, making this a project that savvy investors might find appealing.
Seize this opportunity at a starting bid of just £5,000—properties like this don't stay on the market for long, so act quickly to explore the potential for future appreciation and comfortable living in a pivotal area.
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