Immediate rental income and high gross yield for a hands-on buyer.
- Freehold two-bedroom end of terrace, Victorian era construction
- Currently tenanted at £410pcm (£4,920pa) providing immediate income
- Sold at online auction; administration fee £3,600 on exchange
- Requires modernisation; exterior upkeep and interior condition not verified
- Very small enclosed rear courtyard, limited outside space
- Area: very deprived, above-average crime; constrained renter market
- EPC rating C, mains gas boiler and radiators, double glazing
- Council Tax Band A (very cheap); excellent mobile and fast broadband
A two-bedroom end of terrace in Hartlepool offered freehold and sold via online auction with an ongoing tenancy at £410pcm (£4,920pa). The property dates from 1930–1949, has double glazing, mains gas central heating, and an EPC rating of C. It will suit a hands-on investor seeking immediate rental income and high gross yield.
The house is described as requiring modernisation with exterior upkeep needed and an enclosed rear courtyard on a very small plot. No internal inspection was possible when details were prepared; buyers must check the legal pack and verify services, repairs and any disbursements. An administration fee of £3,600 (inc. VAT) is payable on exchange.
Set in a transitional, constrained-renter neighbourhood with above-average crime and high area deprivation, the location delivers easy access to Hartlepool town centre, coast and marina. Council tax is Band A (very cheap), mobile signal is excellent and broadband speeds are fast — practical benefits for renters.
This lot will appeal principally to investors or developers prepared to carry refurbishment works. The current tenancy provides immediate income, but the buyer should factor in potential repair costs, legal pack queries and auction purchase mechanics before bidding.
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