Summary - 31, Furness Street, HARTLEPOOL TS24 8DN
3 bed 1 bath Terraced
Auction opportunity for investors willing to renovate and relet in Hartlepool.
- Vacant three-bedroom Edwardian terrace with attic bedroom
- Estimated post-refurb rent £750 pcm (£9,000 pa)
- Requires full renovation: damp, mould, plaster and floor damage
- Sold at auction; administration fee £3,600 inc VAT on exchange
- Tenure unknown—check legal pack for title and disbursements
- Very small rear yard; on-street parking only
- Located near Thornton Park and rail station; local shops close
- Area records very high crime and significant deprivation
A vacant three-bedroom Edwardian terrace offered for sale by online auction, suited to an investor or developer prepared to refurbish. The property has period features, high ceilings in places and an attic bedroom, providing scope to create rental accommodation or a resale after renovation. Estimated rental after works is around £750 pcm (£9,000 pa), subject to refurbishment standards and local demand.
The house requires comprehensive improvement: visible damp, plaster damage, mould risk, dated fixtures and damaged flooring are noted. The property will be sold at auction with an administration fee of £3,600 (inc VAT) payable on exchange; purchasers must consult the legal pack for tenure details and any further disbursements. On-street parking only and a very small rear yard limit outside space.
Location benefits include proximity to local shops, Thornton Park open space and Hartlepool rail station. Several primary and secondary schools with Good or Outstanding Ofsted ratings are nearby, helping lettings to families. Be mindful the area records very high crime and significant deprivation, which will affect tenant profile, resale value and insurance costs.
This is a clear project for someone with renovation experience, an ability to manage structural and damp repairs, and tolerance for auction purchase risks. The property offers upside through refurbishment and rental income, but budget realistically for works, fees and contingency.
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