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House For Sale £59,836
Grasmere Street, Hartlepool TS26


Description
This is an investment opportunity to purchase a terraced house in Hartlepool generating £5,068 rent pa & gross yield of 8.5%.

Please note that this property is for cash purchasers only due to the low value of the property.

Property information

  • Spread over 2 floors
  • Kitchen/breakfast room
  • Large lounge
  • Family-sized bathroom on the ground floor
  • Main bedroom and second bedroom on the first floor
  • EPC rating D


Rental information

  • Monthly rental income £423.84
  • The tenancy agreement is an Fri lease, a 5-year transferable social housing contract
  • There are no running costs to bear for the landlord and no voids
  • The net rental yield is the same as the gross rental yield


Location information

  • Hartlepool city centre is just over 1 mile from the property
  • Middleton Grange shopping centre can be reached within a 15-minute walk
  • The closest bus stop is a 5-minute walk away and is served by 2 bus routes


Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Follow the link for more information: 
        
zoopla.co.uk
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