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Gatesgarth Close, Hartlepool

PROPERTY TYPE

Semi-Detached

BEDROOMS

2

BATHROOMS

1

SIZE

592 sq ft

55 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Two Bedroom Semi-Detached
  • Investment Opportunity
  • Long Term Tenant in Situ
  • Rent from Day 1
  • EPC Rating C
  • Private Parking Bay

Description

NGU Homes are pleased to bring to the market this two bedroom semi detached house on Gatesgarth Close, Hartlepool, TS24, offered for sale with a long term tenant already in situ, providing an immediate and reliable rental income for the incoming investor.

Long term tenant in situ, generating an 8% yield:

The property is currently let at £550 per calendar month to a long term tenant, reflecting an attractive yield of 8%. With rental income secured from day one, there are no void periods or re letting costs to consider, making this a straightforward and dependable addition to any buy to let portfolio.

Well connected Hartlepool location:

The property is conveniently placed for local amenities and transport links. Hartlepool railway station is around a 4 minute drive, offering regular rail services along the coast and into the wider North East. Hartlepool Marina is approximately a 4 to 5 minute drive, along with the Headland, and the Middleton Grange Shopping Centre is roughly a 4 to 5 minute drive, offering a wide range of shops, dining and everyday amenities, all helping to support strong tenant demand.

EPC rating C:

The property benefits from an EPC rating of C, offering reassurance of reasonable running costs for tenants and a helpful factor in maintaining strong rental demand.

Upon entering, you are welcomed into a comfortable living room, finished with neutral grey décor, with stairs rising to the first floor, creating a bright and practical living space.

The kitchen is fitted with a range of oak effect wall and base units, complemented by contrasting dark worktops, tiled splashbacks and herringbone effect flooring. There is an integrated oven and hob.

To the first floor, the property offers two bedrooms. The main bedroom is a generous double, carpeted and well proportioned, with space for a full range of bedroom furniture, while the second bedroom is a comfortable single room, also carpeted and neutrally decorated, offering flexibility as a bedroom or home office.

The family bathroom comprises a bath with overhead shower and glass screen, pedestal wash basin and WC, finished with stylish stone effect tiling to the bath area and a wood effect floor.

Externally, the property benefits from a lawned garden to the front, along with a generous enclosed rear garden, laid mainly to lawn with a paved patio area, ideal for tenants looking for outdoor space. The property also benefits from an allocated parking space with additional visitor parking.

Council Tax Band: A (Hartlepool Council)
Tenure: Freehold

Brochures

Brochure
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Gatesgarth Close, Hartlepool

Approximate location

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Affordability

Monthly repayments£415
Property: £ 82,500
Deposit: £ 8,250
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About NGU HOMES, Gateshead

469-471 Durham Road, Low Fell, Gateshead, NE9 5EX

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Whether you're selling a family home or an investment property, the right strategy can deliver truly life-changing results.

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Disclaimer - Property reference RS0460. 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 NGU HOMES, Gateshead. 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.

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