Close-to-town two-bed buy-to-let opportunity.
Freehold two-bedroom mid-terrace, about 775 sq ft
A low-cost two-bedroom mid-terrace offered freehold and sold with a tenant in situ, making it a straightforward purchase for a hands-on investor. The property totals about 775 sq ft and sits close to Hartlepool town centre with immediate access to shops, takeaways and public transport.
Built late-Victorian with solid brick walls and older double glazing, the house requires internal updating and cosmetic refurbishment throughout. Heating is mains gas via boiler and radiators; there is no record of wall insulation and the small rear yard and compact plot limit outdoor space and extension potential.
The area is very deprived with very high local crime statistics, which will affect tenant demand and resale values; this is reflected in the low asking price. There is no flood risk and council tax is very cheap, which helps keep running costs low for landlords.
For investors willing to manage a refurbishment and the risks of a challenged neighbourhood, this property offers rental income potential and entry at a low capital outlay. Buyers seeking an owner-occupier home or quiet suburban environment should note the social and safety drawbacks before viewing.
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