**Standout Features:**
- **Two bedrooms** with solid rental income: £433 PCM (tenant in situ).
- **Freehold** tenure offering long-term ownership.
- **Budget-friendly price**: only £56,000.
- **Double glazing** for improved energy efficiency.
- **Access to local amenities** including shops, schools, and leisure activities.
**Concerns:**
- **Requires renovation**: significant updates needed with notes of peeling plaster, damp, and mold.
- **Very high crime rate** in the area.
- **Very deprived local area**, affecting long-term desirability.
Nestled on Furness Street in Hartlepool, this two-bedroom detached property presents an excellent opportunity for investors or first-time buyers looking for a rental income with an existing tenant in place, currently generating £433 per month. The property is priced attractively at £56,000, making it a great entry point into the market.
However, prospective buyers should be aware that the home requires renovation, as signs of wear such as peeling plaster and damp are evident. With a very high crime rate and a locally classified deprived area, careful consideration is needed regarding long-term investment potential.
The property is situated within a vibrant community, offering walkable amenities like pubs, sports centers, and cinemas, as well as reputable schools in the vicinity. The modest size of the house—with a total square footage of 636 square feet—provides an opportunity to infuse personal style through renovations. With the chance for future upgrades, this home could transform into a comfortable living space or an enduring investment. Don't miss out on this promising opportunity!
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