Low-entry, tenanted investment with refurbishment upside and immediate income.
- Freehold two-bedroom Victorian terraced property
- Let at £100/week; long-standing tenant (15 years)
- Offered at auction; sold as seen, no internal inspection
- Located in selective licensing zone; licensing obligations apply
- Very high local crime and very deprived area
- Requires modernization; potential for value uplift after works
- On-street parking only; very small rear plot
- Fast broadband, no flood risk
A low-entry, tenanted freehold in Hartlepool offered at auction — ideal for investors seeking immediate rental income and refurbishment potential. The property is currently let at £100 per week (£5,200 pa) to a long-standing tenant of 15 years; the sale will include the existing tenancy.
The house is a small Victorian terraced property arranged over two floors with lounge, reception room, kitchen, two bedrooms and a bathroom. It requires modernization and has not been internally inspected by the seller or auctioneer, so internal condition, services and specific layout details are unverified. Buyers must rely on the legal pack and their own surveys.
Important constraints: the area is very deprived with very high crime rates and the street falls within a selective licensing zone. There is no off-street parking (on-street only) and the plot is very small. Positive points include freehold tenure, no flood risk, and fast local broadband speeds.
This lot is sold as seen at auction with no internal inspection. Suitable for a buyer prepared to manage tenancy, licensing obligations and likely refurbishment work to increase value or relet at higher rent.
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