Summary - Marina House Marina House Harbour Walk, Hartlepool TS24 0UX
1 bed 1 bath Flat
Compact one-bedroom investment near waterfront amenities and transport.
Marina-facing first-floor flat with large windows and natural light
A compact one-bedroom first-floor apartment overlooking the marina, offered with a tenant in situ and strong rental yield potential. The open-plan kitchen/lounge and large windows deliver natural light and a modern, efficient living space suited to low-maintenance city waterfront living. Allocated off-street parking, fast broadband and nearby shops, bars and transport links add practical appeal for tenants.
This is primarily an investor opportunity: the property is sold leasehold, currently let and producing yields reported in excess of 10%. Annual charges include a service charge of around £1,200 and a high ground rent of £700; buyers should review the lease length and any additional leasehold costs before committing. Council tax is very cheap and there is no listed flood risk.
Buyers should note a number of material negatives for resale or long-term owner occupation: the building sits in an area with very high crime and very high deprivation, and heating is via electric storage heaters on an unspecified electricity tariff. The flat is small (approximately 317 sq ft) and will suit single occupants or couples rather than families.
Overall this apartment offers a turn-key rental proposition in a waterfront location, but it carries leasehold costs and neighbourhood challenges that materially affect long-term suitability and operating costs. Prospective purchasers are advised to obtain independent surveys and to verify lease details and tenant arrangements prior to offer.
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