Summary - 20, Derwent Street, HARTLEPOOL TS26 8BE
2 bed 1 bath Terraced
Two-bedroom mid-terrace with tenant in place — auction sale, low entry price, renovation potential..
- Offered at auction; bidding 18–19 August
- Guide price £10,000; low-entry investment
- Currently let at £375pcm (monthly rolling tenancy)
- Freehold; Council Tax Band A; EPC D
- Administration fee £3,600 payable on exchange
- Area: very deprived with above-average crime rates
- Very small garden; mid-terrace solid brick construction
- Walls assumed uninsulated; may need thermal upgrades
A low-entry investment opportunity in Hartlepool offered for sale by online auction. The two-bedroom mid-terrace is freehold, EPC D, and currently tenanted on a monthly rolling agreement producing £375pcm (approx. £4,500 pa). Bidding opens 18 August and closes 19 August; an administration fee of £3,600 (inc. VAT) is payable on exchange—see legal pack for full disbursements.
The property provides a front reception room, kitchen, two bedrooms, bathroom and a small outdoor space. The building is mid-terrace solid brick, constructed around 1967–1975, with double glazing of unknown install date and gas central heating via boiler and radiators. Walls are assumed to have no added insulation, so thermal upgrades may be required to improve comfort and running costs.
This is best suited to buyers seeking an affordable rental asset or a renovation project rather than a move-in-ready home. The location is convenient for local amenities, transport links, schools and the seafront, but the wider area is classified as very deprived with above-average crime — factors to consider for tenancy and long-term value. The property could be re-let at market rates or vacated after purchase, depending on the buyer’s plans.
Buyers should consult the legal pack for title and disbursements, and budget for possible repairs, insulation work and modernisation to raise value or rental yield. The low guide price reflects condition and area factors, offering potential upside for a buyer prepared to invest time and money.
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