3-bedroom house · TS26 8EF
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious three bedroom mid terraced property which benefits from two reception rooms.
The home is offered to the market for rent on an unfurnished basis and comes with an internal viewing recommended to appreciate the space on offer.
The property is well situated for schools and amenities, whilst being within a short walk of Hartlepool town centre.
The accommodation has been neutrally decorated and offers a layout that briefly comprises: Spacious entrance hall with stairs to the first floor and access to the bay fronted lounge, the full width rear reception room links to the kitchen, whilst the rear lobby has a door to the courtyard and also provides access to a modern recently refitted bathroom incorporating a three piece white suite and chrome fittings.
To the first floor are three bedrooms, whilst externally is a low maintenance palisade to the front and enclosed courtyard with gated access to the rear. Viewing recommended.
Unfurnished Required earnings: Tenants £18,000pa; Guarantor, if required £21,600pa bond £692 Ground Floor Entrance Hall (3.78m x 1.80m (12'05 x 5'11)) Accessed via uPVC double glazed entrance door with matching fanlight above, newly fitted carpet, single radiator, dado rail, staircase to first floor.
Lounge (4.50m x 3.58m (14'09 x 11'09)) 'Period' style fire surround with conglomerate marble hearth and upstand area, living flame gas fire, uPVC double glazed bay window, fitted carpet, single radiator, picture rail, coved ceiling.
Full Width Rear Reception Room (5.59m x 2.51m (18'04 x 8'03)) Ideally situated off the kitchen with uPVC double glazed window, fitted carpet, single radiator, under stairs storage cupboard, coved ceiling.
Kitchen (2.49m x 1.85m (8'02 x 6'01)) Fitted with 'oak' style base and wall units with 'marble' effect working surfaces incorporating inset one and a half single drainer sink unit with mixer tap, built-in four ring gas hob with built-in gas oven below, canopy housing illuminated extractor fan above, tiling to splashback, uPVC double glazed opaque window, newly fitted flooring.
Rear Lobby Working surface with plumbing for automatic washing machine below, uPVC double glazed door to rear yard, newly fitted flooring.
Refitted Ground Floor Bathroom (1.85m x 1.85m (6'01 x 6'01)) Fitted with a new three piece white suite and chrome fittings comprising: Panelled bath with chrome mixer tap, pedestal wash hand basin with chrome mixer tap, low level WC, attractive and low maintenance panelling to splashback, chrome heated towel radiator, uPVC double glazed window to the side aspect.
First Floor Landing UPVC double glazed window to the side, newly fitted carpet, dado rail, coved ceiling.
Bedroom One (3.66m x 3.48m (12'00 x 11'05)) A good sized bedroom with uPVC double glazed window to the front aspect, fitted carpet, single radiator, coved ceiling.
Bedroom Two (3.66m x 2.69m (12'00 x 8'10)) Built-in double wardrobes with centre vanity area, built-in storage cupboards above, uPVC double glazed window, fitted carpet, single radiator, coved ceiling.
Bedroom Three (2.49m x 1.98m (8'02 x 6'06)) UPVC double glazed window, fitted carpet, single radiator, coved ceiling.
Outside To the front is a palisade which has a brick boundary wall with attractive wrought iron railings, matching personal gate leading to the property.
To the rear of the property is an enclosed yard which enjoys a southerly aspect and should be a suntrap in the summer months and has gated access to rear.
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
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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 3, Mulgrave Road, Hartlepool
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