Summary - 50 WYNYARD MEWS HARTLEPOOL TS25 3JF
2 bed 1 bath Ground Flat
Auction sale; cash-ready investors should expect refurbishment and lease issues.
Two-bedroom ground-floor flat with small private garden
A two-bedroom ground-floor flat in Wynyard Mews offered at auction and marketed as a buy-to-let opportunity. The apartment includes an allocated off-street parking space, small private garden, and an average-sized layout of about 657 sq ft — practical basics for rental occupation. Local amenities, schools and transport links are within walking distance, and the property sits near larger employment sites, supporting rental demand.
Important finance and condition notes are clear: the lease has 64 years remaining and mortgage lenders may refuse to lend; this will restrict mortgage-based buyers and reduce marketability. The building shows signs of wear and the flat requires updating; the sale is ‘as seen’ and fees apply at auction. Annual service charge is listed at approximately £1,000 and council tax band is very low.
This flat will suit a cash buyer or an experienced investor comfortable with leasehold and auction purchases who can manage refurbishment and tenant sourcing. Expect straightforward rental potential (guidance suggests around £500pcm) but factor in voids, repair costs and the local area’s high crime and deprivation levels when assessing yield and exit strategies.
Viewings and purchase should follow a detailed legal and technical review — particularly a lease extension feasibility check and lender acceptance — before committing funds.
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