3-bedroom terraced house · TS24 0BW
Listing removedReduced £5k (−8.3%) on 21 JunListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** currently let to A social housing provider - the original fixed 5 year lease has expired so the tenancy is now on A rolling lease. The leaseholder carries out their own maintenance and repairs.
Rental income is £649.80 per calendar month thus creating an attractive gross yield of 13% at asking price.
** An easy 'hands off' investment opportunity located within Hartlepool benefitting from a social housing provider lease ensuring guaranteed returns, whilst ongoing maintenance and repairs being handled by the leaseholder.
The property is of a good condition internally. A walk around video is available of this property as internal access (as per terms of the lease) is difficult.
This is one of two properties being sold by the same owner, with the other property also being under a social housing lease.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 173, West View Road, Hartlepool
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