Summary - 27 FLAT 1 CLIFTON AVENUE HARTLEPOOL TS26 9QN
1 bed 1 bath Apartment
High-yield, ready-to-let flat near shops and transport for hands-on investors.
Potential rental yield over 20% based on market rent
A spacious one-bedroom flat in a characterful Victorian building, presented with a private entrance and open-plan living that appeals to tenants seeking practical, modern space. The 698 sq ft layout feels unusually large for a one-bedroom, with high ceilings and bay-window character giving strong curb appeal and letting potential. The kitchen is contemporary and the property is described as ready-to-let, supporting the advertised rental yield in excess of 20% for cash buyers.
Important practical details for investors: the property is leasehold with 200 years remaining, ground rent £240 per year and no ongoing service charge. Heating is mains gas via a boiler and radiators; glazing is double glazed though install date is unknown. Construction is Victorian-era timber frame with assumed lack of insulation, so energy performance and retrofit costs should be checked before purchase.
Location supports consistent tenant demand being near shops, transport links and local amenities. However, the area is described as very deprived with a high local crime rate; that can compress owner-occupier demand and affect pricing and management needs, although it can also maintain strong rental demand. Buyers should budget for potential security measures, insurance considerations and any energy-efficiency improvements.
Financial and sale notes: the description highlights a strong headline yield but prospective purchasers must verify rents, utilities, and running costs. Systems, appliances and services have not been tested and a Reservation Fee and deposit terms apply post-offer; cash buyers may be asked to indemnify searches and surveys. This suits investors seeking high-yield, ready-to-let stock who accept location-related management considerations and potential retrofit costs.
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