Harry's Bar, Hartlepool Street North, Thornley, Durham, County Durham, DH6 3AN

Guide Price £140,000 - £160,000 For sale by unconditional online auction on the 29th of May 2025.

Registration is now open, bidding opens on 29th of May at 10:00 and ends on 29th of May at 12:45.

High-Yield Investment Opportunity: Ground Floor Commercial Generating £15,600 PA with 9.75% Yield & 4-Bed HMO Above Potential for £24,000 PA Total Potential Income of £39,600 PA and 24.75% Gross Yield!


Description
Investment Opportunity High-Yield Property for Sale

Property Overview
Location: Harry's Bar, Hartlepool Street North, Thornley, Durham, County Durham, DH6 3AN
Property Type: Commerical Property, Bar Downstairs and 4 Bedroom HMO above
Tenure: Freehold
Investment Strategy: Buy-to-Let

Key Features
High-Yield Investment Strong ROI from Day One
Ready for Letting / Refurbishment Potential
Competitive Room Rates / Market Rent
Prime Location with Strong Rental Demand
Close to Key Transport Links, Shops & Amenities
Full Legal Pack Available for Quick Purchase
Completion in as little as 28 Days

Projected Investment Figures
Ground Floor Commerical Current Income / £15,600PA
First Floor Market Rental Potential: £500 PCM Per Room / £24,000 PA
Overall Potential Income / £39,600 PA
Ground Floor Commercial Gross Yield: 9.75%
First Floor HMO Potential Yield: 15%
Potential Overall Gross Yield 24.75%
Potential for Capital Growth: Medium
Value-Add Potential: Refurbishment, Rent Increases

Investment Strategy & Exit Options
Buy-to-Let: Long-term passive income with stable rental returns.
HMO Strategy: Multiple income streams, high-yield potential.
Serviced Accommodation: Short-term rental potential for increased profits.
Flip Opportunity: Add value through refurbishment and resale.

Why Invest in This Property?
Turnkey investment with immediate rental income
Growing rental market in a high-demand location
Strong potential for long-term appreciation
Hassle-free purchase with full legal pack available
Secured sale with no chain & quick 28-day completion

Interested? Get in touch today!



Disclaimer:
Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk.

Please note: TCPA have not inspected this property, all details have been supplied by the vendor.

Tenure: Freehold

Council tax band: A

Disclaimer:
Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk.

Please note: TCPA have not inspected this property, all details have been supplied by the vendor.

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5% buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.