Substantial period home offering strong refurbishment upside for investors.
Five bedrooms across three storeys with high ceilings and bay windows
This substantial Victorian three-storey terrace provides clear rental and refurbishment potential in Hartlepool town centre. With five double bedrooms, two large reception rooms and high ceilings, the layout suits multiple-occupancy rental or conversion into HMO units after refurbishment. The property is offered with a low starting bid at auction, presenting an opportunity for investors prepared to act quickly.
The house requires renovation throughout: cosmetic updating and likely modernisation of utilities. There is a single bathroom serving five bedrooms and a small rear courtyard only. Buyers should budget for updates and confirm any required works (electrical, heating, damp or structural) before purchase. The building retains period features—bay windows, fireplaces and high ceilings—which will appeal once restored.
Location is convenient for local shops, transport and several well-rated schools, supporting lettability. Note the area is listed as very deprived with high local crime statistics; this can affect rental demand and insurance costs. Mobile signal and broadband are strong, helpful for tenants and remote-working occupants.
Sale is by auction with a reservation agreement and non-refundable reservation fee; the buyer also pays for a buyer information pack. Completion is required within a short reservation period. Prospective bidders should inspect thoroughly, arrange finance in advance, and factor auction fees and refurbishment costs into their offers.
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