Summary - 6, Colenso Street TS26 9BD
2 bed 1 bath Terraced
Auction lot with tenant in place and strong gross yield potential.
- Tenant in situ producing £5,200 pa (sold with tenancy)
- Freehold title with EPC rating C
- Very small rear yard and compact overall footprint
- Solid brick walls; assumed no wall insulation
- Located in a very deprived, very high-crime area
- Requires internal refurbishment to improve energy efficiency
- Auction sale with £3,600 administration fee on exchange
- Council Tax Band A (low running cost)
A compact two-bedroom mid-terrace built circa 1900–1929, offered freehold via online auction with a tenant in situ generating £5,200 per year. The property has basic double glazing, a mains gas boiler with radiators, and an EPC rating of C — presenting immediate rental income and short-term cashflow for a buyer prepared to manage a let.
The house sits on a very small plot in a deprived, high-crime area of Hartlepool, so location-related risks are material and will affect tenant pools and resale. Construction is solid brick with assumed no wall insulation, so energy efficiency upgrades and internal refurbishment will be needed to improve comfort and long-term value.
Sold at auction with a non-refundable administration fee of £3,600 payable on exchange; bidders should review the legal pack for disbursements. This lot suits investors seeking a low-entry price and rental yield, or a buyer willing to refurbish for better returns; it is not presented as a turnkey family home.
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