Summary - 160 York Road, Hartlepool, TS26 TS26 9EQ
6 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use property with retail and residential components
- Prime location on busy York Road, Hartlepool
- Retail unit with existing tenant, generating £9,000 annual income
- Upper floors currently a spacious 6/7-bedroom flat, with renovation potential to convert into two self-contained flats
- Projected total annual income of £22,800
- Off-street parking available
- Freehold tenure, chain-free sale
- Nearby amenities include Middleton Grange Shopping Centre and excellent transport links
**Summary:**
This strategically located three-storey mixed-use property on York Road in Hartlepool offers a compelling investment opportunity. Featuring a ground floor retail unit with a reliable tenant and upper floors currently configured as a large 6/7-bedroom flat, this property generates a solid income stream of approximately £9,000 from the retail unit alone, with the potential to increase earnings by converting the upper levels into two self-contained flats. With a projected total income of £22,800 per annum and the flexibility for future renovations, this property is especially appealing to investors seeking a rental yield in a swiftly regenerating area.
Despite the property's many benefits, it's important to consider the local context, which includes high crime rates and a generally deprived area, factors that may influence tenant appeal. However, the location boasts excellent foot traffic and proximity to vital amenities such as schools, healthcare facilities, and leisure options, further enhancing its attractiveness for both residential and commercial tenants. Don’t miss out on this unique opportunity—viewings are available for serious buyers with verified proof of funds.
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