Summary - 52, Suggitt Street TS26 8PY
2 bed 1 bath Terraced
Low-price buy-to-let with rental income from day one.
Long-term tenant in situ providing immediate rental income
A compact two-bedroom mid-terraced house offered at auction with an existing long-term tenant, providing immediate rental income. The property benefits from gas central heating, double glazing and fast broadband — fundamentals that help keep running costs low. Council tax is very cheap and the house is freehold, making it straightforward for a buy-to-let investor.
The house is in a very deprived area with high local crime and a very small rear yard; the neighbourhood is predominantly blue-collar terraces. The building dates from c.1900–1929 with solid brick walls and no known cavity insulation, so energy efficiency and heating costs may need attention. Internal photos show dated decor, wear and some mould in the living room; refurbishment and redecoration will be required to secure higher rents or re-let to different tenants.
This sale follows the Modern Method of Auction. The buyer must complete within a 56-day reservation period and will pay a non-refundable reservation fee of 4.5% (minimum £6,600) plus a Buyer Information Pack fee. Consider both the additional auction costs and mortgage lender requirements before bidding. For an investor seeking a low-entry purchase with rental continuity, this is a clear opportunity; for an owner-occupier, the tenant in situ and local area issues are important deterrents.
2 bedroom terraced house for sale in 6 Colenso Street, Hartlepool TS26 9BD, TS26 — £10,000 • 2 bed • 1 bath • 584 ft²
2 bedroom terraced house for sale in Stephen Street, Hartlepool, TS26 8, TS26 — £36,000 • 2 bed • 1 bath • 667 ft²
2 bedroom terraced house for sale in Milbank Terrace, Station Town, Wingate, TS28 — £65,000 • 2 bed • 1 bath • 851 ft²
Terraced house for sale in Fordyce Road, Hartlepool, TS25 — £50,000 • 1 bed • 1 bath • 1098 ft²
3 bedroom terraced house for sale in Kendal Road, Hartlepool, TS25 1, TS25 — £36,000 • 3 bed • 1 bath • 904 ft²
2 bedroom terraced house for sale in First Street, Hartlepool, TS27 — £45,000 • 2 bed • 1 bath • 636 ft²
