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3 Bed Terraced House For Sale Elwick Road, Hartlepool, TS26

£105,000- Terraced

Yield: 5.14%
1 of 15
Yield: 5.14%
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  • Rental Guide: £360 - £450
  • 3 Bedroom(s)
  • Description
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Key Features

  • Beautiful Three Bedroom Terraced Property
  • Situated Close To Burn Valley Gardens
  • Accommodation Spread Over Three Floors
  • Two Reception Rooms
  • Attractive Kitchen & Modern First Floor Bathroom
  • Beautifully Decorated Throughout/engineered Wood Flooring To A Number Of Rooms.
  • Complemented By A Number Of Period Features
  • Upvc Double Glazing & Gas Central Heating
  • Enclosed Yard With Roller Door/ideal For Off Street Parking
  • Internal Viewing Recommended
Last Updated: 2nd April 2021

Description

A beautifully presented terraced property occupying a pleasant position on Elwick Road only a short stroll from Burn Valley Gardens. The home offers deceptively spacious and well proportioned accommodation spread over three floors, with the benefit of THREE DOUBLE BEDROOMS, TWO RECEPTION ROOMS & MODERN FIRST FLOOR BATHROOM. A true credit to the current owners, with a number of attractive upgrades designed to complement the original character of the property. An internal viewing comes highly recommended to appreciate what this home offers, with further benefits including renewed uPVC double glazing and gas central heating with upgraded boiler (29.08.2017). The layout briefly comprises: entrance vestibule through to the entrance hall with stairs to the first floor and access to both reception rooms. The bay fronted lounge includes a beautiful fire surround with inset fire, whilst the rear reception room links to the kitchen and includes an inset log burning fire. The kitchen is fitted with a modern range of units to base level with built-in oven and hob, space for additional free standing appliances and access door to the rear yard. To the first floor, from the half landing is access to a modern bathroom incorporating a three piece white suite and chrome fittings. The main landing gives access to two double bedrooms with stairs leading up to a large third bedroom. Externally is a low maintenance palisade to the front and enclosed yard at the rear with roller shutter door, ideal for secure off street parking. Ward Jackson Park, Summerhill Park and Eldon Grove Primary School are all within easy reach. VIEWING RECOMMENDED.

Entrance Vestibule - Accessed via double glazed composite entrance door with uPVC double glazed fanlight above, fitted with attractive engineered wood flooring, coving to ceiling, dado rail, door through to entrance hall with glazed inserts and fanlight above.

Entrance Hall - Matching engineered wood flooring, spindled staircase to the first floor with fitted carpet, coving to ceiling, feature archway, single radiator, access to both reception rooms.

Lounge - 4.27m x 3.91m (14' x 12'10) - A beautifully presented lounge which incorporates a large uPVC double glazed bay window to the front aspect, attractive engineered wood flooring, impressive feature fire surround with inset cast iron tiled fire and granite base, picture rail, deep coving to ceiling, television point, double radiator.

Rear Reception Room - 3.76m x 3.91m (12'4 x 12'10) - Ideally situated off the kitchen and offering use as a dining room or additional sitting room with cast iron log burner and exposed brick back, attractive engineered wood flooring, uPVC double glazed window into the rear yard, picture rail, coving to ceiling, under stairs storage cupboard, single radiator.

Kitchen - 3.58m x 2.36m (11'9 x 7'9) - Fitted with an attractive range of units to base and wall level with contrasting roll-top work surfaces and complementing tiling to splashback, inset one and a half bowl single drainer stainless steel sink unit with mixer tap, built-in electric oven to base level with separate four ring touch hob, recess with plumbing for washing machine, recess for free standing fridge/freezer, three drawer unit to base level, attractive engineered wood flooring, uPVC double glazed window and door into the rear yard, convector radiator.

First Floor: Half Landing - Fitted carpet, access to bathroom, stairs to main landing.

Bathroom/Wc - 2.34m x 1.80m (7'8 x 5'11) - Fitted with a modern three piece white suite and chrome fittings comprising: panelled bath with chrome mixer tap and mains shower over, protective glass shower screen, pedestal wash hand basin with chrome mixer tap, low level WC, attractive tiling to walls, 'tile' effect vinyl flooring, uPVC double glazed window to the rear aspect, convector radiator.

Main Landing - A generous landing which now incorporates stairs to an additional double bedroom on the top floor with three useful under stairs storage cupboards offering a variety of uses, uPVC double glazed window to the front aspect, fitted carpet, coving to ceiling, single radiator.

Bedroom 1 - 4.50m x 3.18m (14'9 x 10'5) - An attractively presented master bedroom with uPVC double glazed window to the front aspect, modern laminate flooring, coving to ceiling, single radiator.

Bedroom 2 - 3.81m x 3.18m (12'6 x 10'5) - A good sized second bedroom, currently used as a home office, with attractive engineered wood flooring, uPVC double glazed window to the rear aspect, coving to ceiling, single radiator.

Second Floor -

Bedroom 3 - 4.50m x 3.66m (14'9 x 12') - A large bedroom with two double glazed Velux windows to the rear aspect, modern laminate flooring, inset spotlighting to ceiling, convector radiator.

Outside - The property features a palisade to the front, with an enclosed yard to the rear incorporating a roller shutter door with the opportunity for off street parking.
Agent Details
Robinsons
106, York Road, Hartlepool, TS26 9DE
Show Contact Number
01429 891 100
**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.
5.2

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

Very 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:
£3,150
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.
6

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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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.

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Rental Data
3 bedroom properties in close proximity are mostly listed £295 - £450 – 6 recently listed properties were found in that band. However, the highest were £575, £550, £495.

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