Summary - Flat 2, 24, Beaconsfield Street, HARTLEPOOL TS24 0NX
1 bed 1 bath Flat
Income-producing seaside flat with investment and refurbishment potential.
- Lower-ground one-bedroom flat in period red-brick building
- Currently let at £500 pcm (£6,000 pa) — income-producing
- Leasehold with c.105 years remaining on 125-year lease
- EPC rating F — likely needs energy improvements
- Sold at public auction; legal pack inspection advised
- No internal viewings; vendor’s details not independently verified
- Solid brick walls (assumed no insulation) — potential retrofit costs
- Located on Headland seafront; area classified as deprived
A lower-ground one-bedroom flat on Hartlepool’s Headland, offered at auction with a guide price from £20,000. The property is currently let on an Assured Shorthold Tenancy producing £6,000 per annum, making it immediately income-producing for an investor. It sits within a period red-brick building with communal outdoor areas and benefits from mains gas central heating and double glazing fitted after 2002.
Buyers should note the flat has an EPC rating of F and sits in a deprived area; the building has solid brick walls (likely uninsulated) and may need energy-efficiency and cosmetic works. The vendor’s information has not been independently verified and there are no internal viewings; purchasers must rely on the legal pack and their own due diligence prior to the auction.
The lease has approximately 105 years unexpired (125-year lease from December 2005), and the sale will be conducted at public auction with a repossession/public notice on file. Proximity to local shops, transport links and several well-rated schools could support tenant demand, but consider potential management, refurbishment and compliance costs when assessing yield.
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