3 Bed Detached House For Sale Chester Road, Hartlepool, TS26

£100,000- Detached

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Last Updated: 22nd March 2024

Description

ENQUIRE TODAY ON THIS OUSTANDING INVESTMENT OPPORTUNITY! This spacious three bedroom mid terrace available, sold with long term tenant in situ generating a 6.1% net yield.\r
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This spacious 3-bedroom end of terrace presents an excellent investment opportunity in the sought-after area of Hartlepool. The property comprises of; Entrance hallway leading into an open plan reception room, separate dining area, fully fitted kitchen and under stairs storage. Upstairs consisting of two double bedrooms, additional single bedroom and one family bathroom with three piece suite. Externally the property benefits from a small front yard, back yard and access to single car garage.\r
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County Durham sits between Newcastle, Sunderland and Hartlepool and is within easy reach of everything the Northeast has to offer. It is well regarded as an area for lucrative investment, with The Telegraph noting that County Durham is an area with some of the best returns for buy-to-let property investors. County Durham is on track to be named the UK’s City of Culture 2025, it’s just one of four locations in the UK to be shortlisted and achieving this status would result in colossal social and economic benefits, create thousands of jobs, boost the economy by millions and improve the lives of residents in the community. The BBC has too announced it will invest at least £25million over the next five years which will create BBC will create 70 digital jobs, increase opportunities and promote the region so now is the perfect opportunity to invest. Overall, sold prices in TS26 8JS over the last year were 70% up on the previous year and 22% up on the 2006 peak of £111,492.
Agent Details
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Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested