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See how verdicts work6-bedroom house · TS26 8JG
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is being offered at a starting bid of £120,000 plus a reservation fee. It is listed for sale by iamsold in association with Dowen Estates Agents.
For more information and to arrange a viewing, please contact Dowen Estate Agents Hartlepool at Fantastic 6-Bedroom HMO Terraced House – Hartlepool Town Centre – Modern Auction.
A rare and exciting opportunity for investors in the buy-to-let market!
This beautifully maintained 6-bedroom HMO is located in the heart of Hartlepool town centre, offered for sale in pristine order and ready to generate income immediately.
Having operated successfully as an HMO for many years, this property comes with all relevant certificates, including a recent EICR completed last year and a recently serviced central heating system.
The current owners estimate a rental income of approximately £2,700 per month if all rooms are let – making this a highly attractive investment.
Step inside to discover a welcoming vestibule leading to a deep entrance hallway.
The ground floor comprises two rooms, a communal lounge/diner, and a refitted kitchen, perfectly maintained for tenant comfort.
The half landing features two communal shower rooms and a separate WC, while the upper floors offer three additional rooms, including a second-floor double room and a spacious top-floor suite with a lounge area and a bedroom.
Externally, the property benefits from a palisade and yard, providing privacy and secure outdoor space for tenants.
Meticulously cared for by the current owners, this HMO is truly a standout investment and is well worth a viewing.
Properties of this calibre in this location are rarely available, so avoid disappointment and secure your chance at this impressive Hartlepool home.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Entrance Vestibule Entered via a hardwood door and dado rail.
Entrance Hallway Central heating radiator, original spindle stairs leading to the first floor and laminate flooring.
Bedsit One 5.08m x 4.8006m - 16'8" x 15'9" Double glazed bay window to the front, cornice ceiling, decorative ceiling rose, picture rail and central heating radiator.
Bedsit Two 4.0894m x 3.7846m - 13'5" x 12'5" Central heating radiator and double glazed window.
Lounge 4.2164m x 3.0988m - 13'10" x 10'2" Double glazed UPVC window to the side, bespoke central heating radiator, part panel walls to dado height, laminate flooring, downlighters and under stair storage.
Kitchen 3.5306m x 2.667m - 11'7" x 8'9" Fitted with an excellent range of the white wall and base units, having contrasting work surfaces, incorporating a stainless steel sink unit with mixer tap and drainer.
Splashback tiling, plumbing for an automatic washing machine, built in oven, four ring gas hob, stainless steel extractor hood, downlighters, double glazed UPVC window to the side, extractor fan, UPVC external door, laminate flooring and central heating radiator.
First Floor Half Landing Shower Room Double walk in shower with Triton shower, wash hand basin, chrome heated towel rail and state of the art panel walls.
Shower Room/ WC Fitted with a three piece suite comprising a walk in shower, vanity wash hand basin wc.
Double glazed frosted window to the rear, extractor fan, chrome heated towel rail and storage cupboard.
Separate WC Double glazed UPVC frosted window to the side, WC, wash hand basin and extractor fan. First Floor Landing Staircase to the second floor.
Bedsit Three 4.0894m x 3.7846m - 13'5" x 12'5" Double glazed UPVC window to the rear, single central heating radiator and vanity wash hand basin.
Bedsit Four 3.8862m x 3.8862m - 12'9" x 12'9" Double glazed UPVC window to the front, single central heating radiator and cornice ceiling.
Bedsit Five 2.794m x 2.0574m - 9'2" x 6'9" Double glazed window to the front and single central heating radiator. Second Floor Half Landing Double glazed window to the rear.
Second Floor Landing Storage cupboard.
Bedsit Six 4.0386m x 3.8862m - 13'3" x 12'9" Velux window to the rear, double glazed UPVC window, original feature fire place, vanity wash hand basin and two central heating radiators Bedsit Seven Lounge Area 3.8862m x 3.8862m - 12'9" x 12'9" Lounge area, double glazed window to the front, two central heating radiators and period style feature fire place.
Bedsit Seven Bedroom Area 2.9464m x 2.2352m - 9'8" x 7'4" Central heating radiator, Velux window to the front and hanging area.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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.
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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.
Area
Agent & docs
FAQ
About Grange Road, Hartlepool
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