Summary - 22, Shrewsbury Street, HARTLEPOOL TS25 5RA
2 bed 1 bath Terraced
Auction-ready renovation project with strong value-add potential for investors.
- Two-bedroom Victorian mid-terrace, freehold, chain free
- Small house: approximately 584 sq ft on a very small plot
- Requires full refurbishment and modernisation throughout
- Sold at auction: completion within 56 days, reservation terms apply
- Buyer pays £349 Buyer Information Pack and 4.5% reservation fee
- Fast broadband; convenient central location near shops and parks
- Very deprived area with high local crime rates to consider
- Council tax described as very cheap; good nearby primary schools
A two-bedroom Victorian mid-terrace in central Hartlepool offered chain free and sold at auction. The property is freehold with traditional brick construction and standard ceiling heights, presenting clear scope for a renovation-led uplift.
The house requires full refurbishment throughout: single-glazed windows, dated finishes, and general updating are noted. It is a small property (approximately 584 sq ft) on a very small plot, best suited to investors or buyers prepared to carry out works rather than those seeking immediate move-in condition.
Practical positives include fast broadband availability, proximity to local amenities (supermarket, shops, playgrounds) and several nearby primary and secondary schools. The property sits in a quiet residential street but is in a very deprived area with higher local crime rates — factors investors should weigh against purchase price and rental potential.
Important auction terms affect cost and timings. The buyer will pay for a Buyer Information Pack (£349 including VAT) and a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600 including VAT). Completion is required within 56 days. These sums are payable in addition to the stated price and should be included in affordability calculations.
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