Summary - Houghton Street, Hartlepool, TS24 TS24 7QP
3 bed 1 bath Terraced
Turnkey rental income with short-term upside for investors.
- Three bedrooms and one bathroom in a terraced freehold property
- Current gross rent £6,600; market potential ~£7,200 per year
- Spacious lounge with high ceilings and original fireplace
- Small paved rear patio; low-maintenance outdoor area
- Property in good general condition; average internal size (990 sq ft)
- Located in a very deprived area with very high local crime
- Medium flood risk; factor increased insurance and resilience costs
- Currently tenanted; tenants report consistent payments and intent to stay
This three-bedroom terraced house on Houghton Street is presented chiefly as a buy-to-let opportunity. At a guide price of £74,500 and a current gross rental income of £6,600 (with assessed market potential of £7,200), the numbers offer straightforward yield potential for an investor seeking an accessible entry property in Hartlepool. The property is freehold with an average overall size of about 990 sq ft and a small paved patio to the rear.
The interior combines period features — high ceilings and a fireplace in the lounge — with a simple post‑war exterior that appears low‑maintenance. The property is currently tenanted and the occupants have a record of consistent payments and state they intend to remain, so immediate rental income continues on purchase. Good mobile signal and fast broadband support tenant demand for connectivity.
Buyers should assess a number of material considerations before committing. The area scores as very deprived with very high local crime and a medium flood risk; these factors affect both long‑term capital growth and lettability, and may necessitate higher insurance and management costs. The house is described in good condition overall, but the neighbourhood classification and modest plot size limit family appeal; the property is best suited to investors or landlords prepared to manage location‑specific risks.
For investors this is a pragmatic, budget-priced addition to a portfolio with clear current income and modest upside to market rent. Due diligence is advised on flood insurance, ongoing management in a higher-crime area, and the full Let Property Pack for tenancy documentation and exact operating figures.
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