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5 Bed Detached House For Sale Cresswell Drive, Hartlepool, TS26

£410,000- Detached

Yield: 2.83%
1 of 15
Yield: 2.83%
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  • Rental Guide: £770 - £970
  • 5 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Tenure: Freehold
Last Updated: 1st April 2021

Description

We’re excited to bring to the market this extremely rare property within the beautiful and highly desirable area of Creswell Drive, West Park. This is one of the original houses within the West Park area and has been in the hands of the current owners for over 30 years.

A large 5 bedroom home loaded with charm, character and some original gems. This property is split over 3 floors with a lovely unique layout with multiple reception rooms and entertaining spaces on the ground floor, you’re spoilt for choice in this property for places to sit and relax. The property has been extended 3 times in recent years to make the most of this substantially large plot, whilst still retaining a large rear South West facing garden.

The impressive front elevation is rendered and offers a double garage with access to lower ground utility, a large block paved driveway and stairway leading to the elevated ground floor.

As you enter the property you are welcomed by a large hallway finished in oak wood panelling, with WC and utility situated off to the right. The rear of the hallway leads to all ground floor reception rooms and kitchen / dining room.

Reception rooms are inclusive of two large snug / drawing rooms, both with internal French doors leading into a large full width extension with multiple skylights and French doors leading into the garden. Running almost the full depth of the property is a long breakfast area with side door access to the garden, leading through to a stunning modern kitchen and dining room to the rear with sky light and French doors to the garden.

The first floor is accessed via a staircase in the main entrance hallway and comprises of a substantial landing which is split level, leading to 4 large double bedrooms, two bathrooms, WC and a study. The study features a staircase leading to the second floor with a large vaulted bedroom running the full width of the house.

The large rear garden is a sun trap with multiple areas zoned by low level stoned walls and shrubs, with a patio area outside of the French doors, which is perfect for entertaining and enjoying the summer months.

Viewing is highly recommended to really understand just how impressive this property is.
Agent Details
Collier Estates
Advanced House Wesley Square, Hartlepool, Durham, TS24 8BX
**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 fully classified.
2.5

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:
£12,300
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
7.9

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
3

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
Sorry, there are few recent rental listings in proximity to this property.

5 Bedroom properties in “TS26” are mostly listed between £770 - £970 based on the 4 recent listings found.

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