Summary - 305 PARK TOWER APARTMENTS, 1 PARK ROAD, HARTLEPOOL TS24 7PT
2 bed 1 bath Apartment
**Standout Features:**
- Guide Price: £35,000.
- 2-bedroom first floor apartment in a converted historic building.
- Allocated parking space in a secure car park with barrier access.
- Ideal for investment; tenant in situ with a lease from Nov 2024 at £500 PCM.
- Modern features with intercom entry, double glazing, and a lift.
**Potential Concerns:**
- High criminal activity in the area.
- Service charges and ground rent add ongoing costs: £1,528.85 and £135.60 annually, respectively.
- Very deprived area with possible implications for long-term value.
**Summary:**
Discover this charming 2-bedroom apartment located within an iconic period building that seamlessly marries historic character with modern living. Offering a unique investment opportunity, this first-floor unit comes with an intercom entry system and secure allocated off-street parking, making it perfect for a buy-to-let investor seeking a ready-made rental solution. With a current tenant on a fixed lease at £500 PCM until November 2025, the potential for steady income is immediate.
The property features an inviting open-plan living area, equipped kitchen with integrated appliances, and good-sized bedrooms—ideal for young professionals or small families. Although located in a high-crime area and a very deprived neighborhood, the close proximity to the main shopping center, schools, and public transport options ensures convenience. This apartment offers not only a smart purchase but also the opportunity to be part of an evolving community. Don’t miss your chance; properties like this don’t stay on the market for long!
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