Summary - 19 STEPHEN STREET HARTLEPOOL TS26 8QA
2 bed 1 bath Terraced
Immediate rental income with a long roof guarantee and auction sale.
Tenanted investment — tenant paying £525 PCM
Presented as a tenanted buy-to-let, this two-bedroom mid-terrace in Hartlepool offers immediate rental income and a clear maintenance upside. The property benefits from a recently fitted roof with a 20-year guarantee, mains gas heating and double glazing, reducing immediate capital expenditure for a new owner.
Currently let at £525 PCM on a two-year tenancy starting May 2024, the house will be sold via online auction — ideal for investors seeking a low-entry freehold asset with rental continuity. The layout is straightforward: lounge, kitchen, downstairs bathroom and two double bedrooms above, across approximately 750 sq ft. Externally there is a low-maintenance yard.
Be candid about area and condition: the property sits in a very deprived neighbourhood with high local crime rates, which will affect demand and long‑term capital growth. Walls are solid brick with assumed lack of insulation, and some internal modernisation is likely needed to improve energy performance and tenant appeal. Council Tax Band A keeps holding costs low.
This is a pragmatic purchase for a buyer targeting rental yield and short-term cashflow rather than immediate capital appreciation. The auction route, secure roof and existing tenancy reduce initial uncertainty, but factor in refurbishment, energy-efficiency upgrades and area-specific management challenges when evaluating returns.
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