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See how verdicts work2-bedroom house · TS26 9AT
Listing removedListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no chain involved *** A conveniently located two bedroom terraced property which would make an ideal purchase a for a buy to let investor.
The home offers accommodation that features uPVC double glazing and gas central heating, whilst in brief the layout comprises: Entrance vestibule, through to a good size lounge with inner stairs leading through to the kitchen, rear lobby and ground floor bathroom which incorporates a three piece suite.
To the first floor are two bedrooms, with a good size master bedroom and smaller second bedroom. Externally is a low maintenance enclosed yard to the rear with gated access.
Grasmere Street is located off Elwick Road and close to Hartlepool town centre. Ground Floor Entrance Vestibule Accessed via uPVC double glazed entrance door, internal door through to the lounge.
Lounge (4.80m x 4.24m (15'9 x 13'11)) A good size lounge with uPVC double glazed window to the front aspect, ornate coving to ceiling, central ceiling rose, fire surround with 'marble' style back and base, double radiator.
Inner Stairs Staircase to the first floor, access to the kitchen.
Kitchen (4.93m x 1.96m (16'2 x 6'5)) Fitted with a range of units to base and wall level with roll-top work surfaces incorporating an inset single drainer stainless steel sink unit with mixer tap, recess for gas cooker, tiling to splashback, space for additional free standing appliances, gas central heating boiler, large uPVC double glazed window to the side aspect, part panelled walls, single radiator, archway to: Rear Lobby UPVC double glazed door to the rear yard, access to the ground floor bathroom.
Ground Floor Bathroom/Wc (2.49m x 2.01m (8'2 x 6'7)) Fitted with a three piece suite comprising: 'Jacuzzi' style panelled bath with mixer tap and shower attachment, pedestal wash hand basin with dual taps, low level WC, tiling to splashback, extractor fan, uPVC double glazed window to the rear aspect, single radiator.
First Floor Landing UPVC double glazed window to the rear aspect, access to both bedrooms.
Bedroom One (4.24m x 3.91m narrowing to 3.00m (13'11 x 12'10 na) A good size master bedroom with uPVC double glazed window to the front aspect, built-in storage cupboard, coving to ceiling, single radiator.
Bedroom Two (2.72m x 1.88m (8'11 x 6'2 )) UPVC double glazed window to the rear aspect, coving to ceiling, single radiator.
Externally The property features an enclosed yard to the rear with gated access. Nb 1 All services/appliances have not and will not be tested.
Nb 2 Floorplans and title plans are for illustrative purposes only. All measurements, walls, doors, window fittings and appliances, their sizes and locations, are approximate only.
They cannot be regarded as being a representation by the seller, nor their agent.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 3, Grasmere Street, Hartlepool
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