26 Hereford Street, Hartlepool, County Durham TS25 1QZ
- PROPERTY TYPE
End of Terrace
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Auction Commencing on Monday 28th September from 1pm and ending 24 hours later on Tuesday 29th September from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
Three-bedroom freehold end terrace investment property, currently let at £550pcm to a long-standing tenant with no arrears, benefiting from a new roof and boiler and an EPC rating of C.
A three-bedroom end terrace property offered for sale with a long-standing tenant in situ, providing an immediate income-producing investment opportunity.
The property is currently let to a single mature working tenant at £550 per calendar month, equating to a current annual rental income of £6,600. The tenant has occupied the property for nearly two years, has no rent arrears and has expressed a desire to remain in occupation following the sale, making this an attractive proposition for buy-to-let investors seeking an established tenancy from completion.
Arranged over two floors and extending to approximately 73 sq m (785 sq ft), the accommodation comprises an entrance hall, spacious living room, kitchen and bathroom to the first floor, with three bedrooms and landing to the second floor.
The property benefits from gas central heating, a new boiler and a new roof, together with a rear yard. Internally, the accommodation would benefit from some cosmetic improvement, offering scope for a purchaser to enhance the property over time while retaining the existing rental income.
Situated within an established residential area of Hartlepool, the property is conveniently positioned for local amenities, schools and transport connections.
Tenure: Freehold
EPC Rating: C
Current Rent: £550 PCM / £6,600 PA
Tenancy: Long-standing tenant in situ – nearly two years with no rent arrears
Accommodation: Three Bedrooms, Living Room, Kitchen & Bathroom
Approx. Floor Area: 73 sq m / 785 sq ft
Additional Benefits: New Roof & New Boiler
Council Tax: Buyers should make their own enquiries with the local authority.
Tenure: Freehold
EPC Rating: C
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 202609031435sq_wh4g. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North East on 0191 917 9650.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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