Summary - 21 MULGRAVE ROAD HARTLEPOOL TS26 8EF
3 bed 1 bath Terraced
**Standout Features:**
- Three-bedroom mid-terrace property at a guide price of £58,000
- Sold with tenant in situ, generating an income of £500 PCM
- Close proximity to local amenities, including shops, nurseries, and Hartlepool Marina
- Two reception rooms and a small rear yard
- Freehold tenure, ideal for long-term investment
- Victorian architectural style with original bay window
**Potential Concerns:**
- Located in an area with high crime rates and noted deprivation
- Structural insulation is assumed to be lacking
- Property may require renovation; several areas shown as dated or worn
This traditional three-bedroom mid-terrace home is an attractive investment opportunity, especially for those looking to enter the property market at an affordable price. With a guide price of just £58,000, it's a ready-made investment property, currently providing a steady rental income of £500 per month from the tenant in situ.
Boasting two spacious reception rooms, this home is perfect for family living or as a rental. While the property is a charming representation of early 20th-century architecture, it does present some renovation potential, allowing buyers to infuse their personal touch. The small rear yard offers a bit of outdoor space, while the home's location ensures easy access to local amenities and Hartlepool Marina.
Keep in mind, however, that the area has a high crime rating and is categorized as deprived, presenting challenges for future investment potential. For those seeking a property to transform into a profitable rental or a cozy family residence, this property could be the right fit—act quickly, as it remains available under auction conditions, and opportunities at this price point may not last long!
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