Low-cost Victorian terrace with immediate rental income and upgrade potential..
Two-bedroom Victorian mid-terrace with bay-front character
Let on rolling tenancy at £410pcm — £4,920pa income
Sold via national online auction — register to bid
Freehold; Council Tax Band A and EPC D
Very deprived area with above-average crime rates
Small plot and average-sized rooms; cosmetic updating likely
Administration fee payable on exchange — check legal pack
Potential to increase rent but tenant is in situ
For investors seeking a low-entry buy-to-let, this two-bedroom mid-terrace in Hartlepool offers immediate income and straightforward holding costs. Currently let on a monthly rolling tenancy at £410pcm, it returns £4,920pa and could be repositioned to market rent or vacated at the new owner’s request.
The property is a 1930s Victorian mid-terrace with traditional bay-front character, double glazing and gas central heating. Accommodation comprises a front reception room, kitchen, two bedrooms, bathroom and a small rear outdoor space. EPC D and Council Tax Band A keep running costs low, and the freehold tenure removes ground-rent concerns.
Important practical points: the house sits in a very deprived area with above-average local crime and a constrained renters profile, which affects tenant quality and long-term capital growth. The plot is very small and the interior is average-sized and likely requires cosmetic updating to reach full market rent or owner-occupier standards.
Sale will be handled via a national online auction; bidders should allow for an administration fee payable on exchange and consult the legal pack for disbursements. This is a clear, low-price entry for a hands-on investor or a buyer prepared to refresh the property and manage location-related risks.