This mid-terrace house comprises of a spacious living room with a large bay window; a fitted kitchen with plenty of cupboard space; 2 generously sized double bedrooms and a single bedroom with a built in storage cupboard or wardrobe for the master bedroom; and a family bathroom complete with 3-piece suite. This fantastic property benefits from lots of natural light and has a bright and neutral decor throughout as well as on-street parking. Offered unfurnished, tenants can truly make this house a home.
Located in Hartlepool, tenants have easy access to its neighbouring towns and cities with Durham and Middlesbrough only a 30 minute drive away and Sunderland only 40 minutes away, meaning that this property would be perfect for those commuting into any of these places. Hartlepool town centre and marina is within walking distance of this property and boasts an abundance of bars, restaurants and high street shops as well as cultural attractions including museums, art galleries and theatres. For those who prefer a quieter day out, Hartlepool is only a 20 minute walk away from the coast, offering incredible views and seaside entertainment.
Durham has been named as a buy to let hotspot as house prices have been consistently slightly lower than median prices for the North East, which are well below those for England as a whole. Overall, prices have increased from £47,500 in 2000 to £100,000 in 2015, an increase of 111% which continues to grow. House prices are continuing to rise in the area and have seen an increase of 12% alone in the most recent times (Zoopla – October 2018) making for a great investment opportunity.
Gross rent: £3,780 Ground rent: £0 Service charge: £0 Lettings fees: £362 Net income: £3,418 Gross yield: 8.89% Net yield: 8.04%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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