Immediate rental income and clear scope for refurbishment and value uplift.
Freehold three-bedroom end-of-terrace with tenant in situ
A three-bedroom end-of-terrace on a large corner plot in Raby Square, offered freehold with a tenant in situ. The property currently produces £600 pcm, representing an approximate 9% gross yield at the asking price—an immediate income opportunity for buy-to-let investors. The house occupies a small but wrap-around lawn, private rear garden and a private driveway.
Internally the home is mid-20th century, with an open-plan living room and kitchen, three bedrooms and a single family bathroom. Fixtures are serviceable: double glazing (unknown install date), mains gas boiler and radiators, vinyl kitchen flooring and carpeted living area. The building appears average condition externally with pebbledash render and some cracked pavement/driveway concrete.
Important considerations: the wider area scores as very deprived with high local crime levels and challenged local demographics, which can affect tenant demand and capital growth. Walls are cavity as built with no insulation assumed—improvement work may be needed for energy performance. The property is therefore best suited to investors willing to manage tenant-in-place purchases and to carry targeted refurbishment where required.
Nearby amenities include primary and secondary schools (several rated Good or Outstanding) and a short walk to the town centre. For an investor seeking immediate rental income and refurbishment potential in Hartlepool, this house offers a clear, low-entry investment with predictable work items and area-specific risk to budget for.