Immediate rental income with refurbishment potential in Hartlepool.
Tenant in situ generating £411 pcm income
Freehold three-bedroom mid-terrace, approx. 904 sq ft
Sold at auction — 56-day completion and reservation fee applies
Property requires full modernisation throughout
Very high local crime and area deprivation — affects resale/insurance
No flood risk; excellent mobile signal and fast broadband
Small plot with limited outdoor space and single car spot
Council tax very cheap
This three-bedroom mid-terraced house on Kendal Road is offered freehold and sold at auction with a tenant in situ. The property currently produces £411 pcm, providing immediate rental income and an attractive gross yield against the guide price. The home is average size (approx. 904 sq ft) and sits on a small plot with a single small car space.
The house is a mid-20th-century terrace that requires modernization throughout: dated fittings, peeling wallpaper, and general refurbishment are evident from the interior. There are no reported flood risks and mobile signal and broadband are strong locally, but the surrounding area faces high crime levels and significant deprivation—factors that will affect lettings, resale and insurance costs.
This lot suits investors or experienced renovators prepared to manage tenant-occupied works and background area issues. Buyers must be aware this is an auction sale with a 56-day completion window and a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600). A Buyer Information Pack and optional paid services apply and should be reviewed before bidding.
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