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2 Bed Terraced House For Sale Dunoon Road, Hartlepool, TS25

£85,000- Terraced

Yield: 5.24%
1 of 1
Yield: 5.24%
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  • Rental Guide: £295 - £375
  • 2 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Tenant In Situ
  • Investment Opportunity
Last Updated: 13th November 2020

Description

Dunoon Road is a smart two bedroom mid terrace property located in the Owton Manor area of Hartlepool.
The property would make an ideal investment property and has a long term tenant in situ.

**INVESTMENT OPPORTUNITY** **TENANT IN SITU**
Currently returning £500pcm

Full Description - Dunoon Road is a smart two bedroom mid terrace property located in the Owton Manor area of Hartlepool.
The property would make an ideal investment property and has a long term tenant in situ.

**INVESTMENT OPPORTUNITY** **TENANT IN SITU**
Currently returning £500pcm

Lounge (15’3? x 10’5?)
Fireplace with marble effect hearth and interior, laminate flooring, radiator and double glazed French doors to rear garden.

Kitchen/Dining Room (13’11” x 14’6?)
Narrowing to 11’1? with range of base and wall units, roll edged worktop, inset single sink unit and mixer tap. Upvc window above overlooking rear garden, matching wall units, ceramic tiled surrounds, wall mounted Glow-worm Ultimate gas central heating boiler, radiator and tiled floor.

Landing
Upvc window overlooking rear garden.

Bedroom No. 1 (15’1? x 10’4?)
Cupboard, radiator.

Bedroom No. 2 (14’6? x 9’3?)
radiator.

Bathroom (7’11” x 5’6?)
White suite comprising panelled bath, pedestal wash basin and low level w.c.

Outside
Rear Garden with lawn and patio decking area.
Agent Details
Next Step Property Limited
12 Victoria Road, Hartlepool, TS24 7SE
Show Contact Number
01429 597 840
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.8

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£2,550
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro 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.
Rental Data
2 Bedroom properties in “TS25” are mostly listed between £295 - £375. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested