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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

Tenanted TWO BEDROOM Freehold Mid Terraced Property. Ideal Investment Property close to amenities. A mid terraced property which stands flush to the pavement, being close to public shopping park.

AUCTION SALE - COMPRISES: Ground Floor: Lounge, Kitchen and Bathroom. First Floor: Landing and Two Bedrooms. External: Rear Yard. Tenure: Freehold. Council Tax - Band A. Features Gas Central Heating.

The property is subject to an Assured Shorthold Tenancy for a term of 12 months at a rent of £400 (£4,800 per annum) per calendar month. Tenant in place since 2018.

Hartlepool is a large port town in County Durham, England. It is the largest settlement and administrative centre of the Borough of Hartlepool. The town is located 32 miles south-east of Newcastle.

Two Bedroom Mid Terrace House Subject to an Shorthold Tenancy Producing £4,800 Per Annum. The property is located in a popular rental area of the Hartlepool town.

Two bedroom mid terraced home is brought to auction, undergone some improvements including double-glazed windows and is warmed by gas central heating. Deceptively spacious property comprises from, entrance vestibule, hallway, lounge, kitchen and bathroom. To the first floor there is a landing and two comfortable size bedrooms. Externally there is a courtyard garden area. Located withIn a popular rental area in Hartlepool this two bedroom, mid terrace property can be located. It is ideally positioned locally to the Retail Park, shopping centre and alongside this, it is situated close to the bus and train station for travel further afield. Perfect investment opportunity to a residential investor looking for an immediate income generating property. Accommodation: Ground Floor: Lounge, Kitchen and Bathroom. First Floor: Landing and Two Bedrooms. External: Rear Yard. For sale by online auction. Guide Price £40,000. Two bedroom terraced property. External Viewings only. The completion period for this property is 4 weeks (28 days). Benefits from main door access double glazing and gas central heating. Further benefits from door directly out to a paved garden to the rear.

The property is situated on a residential road in Hartlepool close to local shops and amenities. The open spaces of Grayfields Sports Pavilion are also within close proximity. Transport links are provided by Hartlepool rail station. Hartlepool's economy has historically been linked with the maritime industry, something which is still at the heart of local business. Hartlepool Dock is owned and run by PD Ports. Engineering related jobs employ around 1700 people, with companies such as Heerema employing around 400 people. Tata Steel Europe employ around 350 people in the manufacture of steel tubes, predominantly for the oil industry. Hartlepool is served by two primary routes which are the A179 road and the A689 road, both linking the town to the A19 road. The A179 road is the main road to the north-west which leads to the A19 road, Durham, Sunderland and Tyneside. The A689 road is the main road to the south-west towards the A19 and Billingham, Stockton, Middlesbrough and York.

Full Address: 33 Harrow Street, Hartlepool, TS25 5SE

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: The property is subject to an Shorthold Tenancy for a term of 12 months at a rent of £400 per calendar month. Tenant in place since 2018.

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Pricing Information & Bidding

Opening Bid: £35,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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