Summary - 72 Stephen Street TS26 8QB
2 bed 1 bath Terraced
Two-bedroom terraced investment for buyers seeking immediate rental income.
Tenant in place achieving £280 per calendar month
Set on a mid-terrace street in Hartlepool, this two-bedroom freehold offers straightforward rental potential in a high-demand, budget market. The current tenant remains in situ, producing £280pcm, making it immediately cashflow-positive for an investor prepared for modest returns and management responsibilities.
The house is an early 20th-century build with solid brick walls and small, standard-height rooms across about 667 sq ft. It has double glazing (install date unknown), mains gas central heating with a boiler and radiators, and a small rear yard rather than a garden. Council tax is very low, and there is no flood risk.
Buyers should factor in the area profile: the street sits within a very deprived, high-crime locality and terraces nearby reflect lower-maintenance, working‑class housing. The property shows signs of wear and neglect and will suit someone ready to repair, update or let as-is for steady rental income. Solid‑wall construction likely needs insulation work for improved efficiency.
This sale uses the Modern Method of Auction. A Buyer Information Pack must be viewed before bidding (fee applies) and the successful bidder pays a non-refundable Reservation Fee of 4.5% (minimum £6,600). Complete within a 56‑day reservation period. If you require mortgage finance, check affordability and lender acceptance of auction terms before bidding.
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