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Property features

Portfolio of 4 vacant residential freehold properties in the same building in extremely popular buy to let location within Hartlepool. Combined potential income of £19,200 per annum.
Flat 1- 29 wharton street. Ground floor studio flat. Accommodation comprises ( lounge/ bedroom/ fully fitted kitchen), shower room. **walk in condition** Potential rental income £375pcm (£4,500p.a)
Flat 2- 29 wharton street first floor- 1 Bedroom flat. Accommodation comprises lounge/ fully fitted kitchen/ bedroom/ shower room. Potential rental income £425pcm (£5100 per annum).
Flat 3- 29 wharton street second floor- Comprises entrance hall, storage cupboard, bedroom, shower room and lounge/ fully fitted kitchen. Potential rental income £425pcm (£5,100 per annum).
5 errol street Ground floor studio flat. Accommodation comprises (lounge/bedroom/fully fitted kitchen), shower room. Potential rental income £375pcm (£4500 per annum). Potentially exceptional yield.

Property description

** sale by auction - 04 July 2024 - Deadline for Offers **

Portfolio of 4 vacant residential freehold properties in the same building in extremely popular buy to let location within Hartlepool. Combined potential income of £19,200 per annum. Flat 1- 29 wharton street. Ground floor studio flat. Accommodation comprises ( lounge/ bedroom/ fully fitted kitchen), shower room. **walk in condition** Potential rental income £375pcm (£4,500p.a). Flat 2- 29 wharton street first floor- 1 Bedroom flat. Accommodation comprises lounge/ fully fitted kitchen/ bedroom/ shower room. Potential rental income £425pcm (£5100 per annum). Flat 3- 29 wharton street second floor- Comprises entrance hall, storage cupboard, bedroom, shower room and lounge/ fully fitted kitchen. Potential rental income £425pcm (£5,100 per annum). 5 errol street Ground floor studio flat. Accommodation comprises (lounge/bedroom/fully fitted kitchen), shower room. Potential rental income £375pcm (£4500 per annum). Potentially exceptional yield.

Super rental location close to local shops and transport with excellent access to the Town Centre. High rental demand. Hartlepool's economy has historically been linked with the maritime industry, something which is still at the heart of local business. Hartlepool Dock is owned and run by pd Ports. Engineering related jobs employ around 1700 people, with companies such as Heerema employing around 400 people. Tata Steel Europe employ around 350 people in the manufacture of steel tubes, predominantly for the oil industry. Hartlepool is served by two primary routes which are the A179 road and the A689 road, both linking the town to the A19 road. The A179 road is the main road to the north-west which leads to the A19 road, Durham, Sunderland and Tyneside. The A689 road is the main road to the south-west towards the A19 and Billingham, Stockton, Middlesbrough and York.

Auction Details
04 July 2024,3pm
Deadline for Offers

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