3-bedroom house · TS26 9BD
Listing removedReduced £25 (−3.7%) on 26 AugListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to let : A deceptively spacious three bedroom end terraced property with the advantage of a first floor bathroom and generous rear yard.
The home is well situated within close proximity of local schools and amenities.
The accommodation features uPVC double glazing and gas central heating, whilst in brief the layout comprises: Entrance lobby, spacious front lounge, full width kitchen/diner with cooking range, three bedrooms, all with storage, and the family bathroom which incorporates a three piece white suite and chrome fittings.
Externally is a larger than usual enclosed yard which has a westerly aspect. Colenso Street is situated off Elwick Road, with easy access to Hartlepool town centre.
Unfurnished/no smokers Required earnings: Tenants £21,000pa; Guarantor, if required £25,200pa bond £807 (Application is subject to a Holding Fee - please refer to our website for further details)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
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FAQ
About 48, Colenso Street, Hartlepool
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