Low-price buy-to-let with immediate rental income and refurbishment potential.
Freehold three-bedroom mid-terrace with off-street driveway parking
A straightforward buy-to-let near Hartlepool town centre, offered freehold at a low entry price. This three-bedroom mid-terrace comes with off-street parking, small front and rear gardens, and a long-standing tenancy producing a reported gross income of £6,000 per year — a gross yield of about 8.6% at the asking price of £70,000.
The property is average-sized (circa 915 sq ft) with one bathroom, lounge, dining room, kitchen and utility space. The exterior appears in typical mid‑20th century brick and cladding; the small front garden requires routine maintenance. The tenant intends to remain, so this is best for an investor seeking immediate rental income rather than an owner-occupier wanting vacant possession.
Material considerations: the area records very high crime and very high deprivation indices, which can affect tenant demand, void risk and resale values. There is limited internal information available here, so buyers should request full particulars, an EPC, recent tenancy agreement, rent statements and a survey before committing.
Serious investors may see upside through active management, modest refurbishment or portfolio scale. The sale notes a buyer premium applies; ensure you understand all purchase terms before bidding.
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