Summary - 61 WYNYARD MEWS HARTLEPOOL TS25 3JF
2 bed 1 bath Ground Flat
Affordable buy-to-let with driveway and garden.
Long-term tenant in situ, currently £400 pcm
Sold via auction — 56-day completion and reservation fee applies
Leasehold tenure — check lease terms before bidding
Private entrance, driveway and large rear garden
Two double bedrooms and a sized lounge
1980s building with scope for cosmetic refurbishment
Area is very deprived with a very high crime rate
Excellent mobile signal and fast broadband speeds
This ground-floor two-bedroom flat on Wynyard Mews is presented as an auction buy-to-let opportunity with immediate rental income. A long-term tenant pays £400 pcm, offering continuity for an investor seeking steady cashflow. The property includes a private entrance, driveway and large rear garden — features that help rental appeal and future resale.
The accommodation comprises a sized lounge, fitted kitchen, two double bedrooms and a three-piece bathroom. The building dates from the 1980s and shows potential for cosmetic improvement and refurbishment to increase rental value. Broadband and mobile signal are strong, and nearby schools and local amenities add practical appeal for tenants.
Important sale and legal points: the property is leasehold and will be sold by modern auction method. The purchaser must complete within the Reservation Period and pay a non-refundable reservation fee (4.5% of purchase price, minimum £6,600 incl. VAT) in addition to the bid, plus a Buyer Information Pack fee. Prospective buyers should confirm mortgage suitability before bidding.
Location factors to weigh: the area is very deprived with a very high local crime rate, which can affect lettability and long-term capital growth. The current rent is modest relative to potential after refurbishment, but any investor should budget for remedial and cosmetic works and consider the leasehold terms thoroughly before purchase.
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