36A Hutton Avenue, Hartlepool, Cleveland, TS26 9PN

Description

A rare opportunity to acquire a unique two-bedroom semi-detached chalet-style property situated in a tucked-away position in Hartlepool. The accommodation is presented in generally good condition and comprises a reception room, bathroom, rear garden and useful storage shed. The property benefits from freehold tenure and offers excellent potential for owner-occupiers, investors or those seeking an unusual residential opportunity. Owing to its distinctive layout, access arrangements and individual character, this property is sure to appeal to many buyers.

Accommodation

Two bedrooms, reception room, bathroom, rear garden and useful storage shed.

Location

Situated in a tucked-away position in Hartlepool. Access is understood to be via a rear alleyway.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Hutton Avenue range from £159,500 to £353,000, but bedroom count, floor area, condition and layout are not provided. The subject is a distinctive two-bedroom chalet-style property with rear-alley access, so the comparables are only broad indicators. A cautious evidence-based scenario range is £159,500 to £250,000, with £200,000 used as the base GDV estimate. The £353,000 sale is not relied upon because its comparability cannot be established.

Investment Snapshot

Strategy Recommendation

Potentially suitable for a buy-to-let or owner-occupier purchase if inspection confirms condition, legal access and achievable rent. Do not bid solely on the apparent discount to the cautious GDV range until all special-condition costs and the access arrangements are verified.

Works Required

The property is described as being in generally good condition, and no specific defects or required works are evidenced. Allowance should be made only after inspection for any repair, decoration, compliance or access-related works, but no supported cost estimate is available.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £200,000 base GDV scenario, 75% refinance would be approximately £150,000. However, total project cost cannot be calculated because refurbishment costs, finance costs, tax and potentially additional auction charges are not supplied. The refinance outcome therefore cannot establish the cash left in or a reliable BRRR return.

Buy-to-Let Analysis

Advertised rental evidence is £650–£750 pcm, equivalent to £7,800–£9,000 annually, but these are asking rents rather than achieved rents. Against the £50,000 guide, the indicative gross yield range is approximately 15.6%–18.0%, before the £1,560 buyer premium, £1,800 admin charge, any additional special-condition costs, finance, tax, insurance, maintenance and voids. BTL looks potentially attractive at the guide, subject to confirming achievable rent and the unusual access/layout.

Flip Analysis

A base GDV of £200,000 is indicated only cautiously from same-road sales. A reliable flip surplus cannot be calculated because works costs, selling costs and some acquisition charges are unknown. The property's unusual layout and rear-alley access may also restrict the resale buyer pool.

Investor Risks & Due Diligence

• Same-road sold prices vary materially from £159,500 to £353,000 and comparability is unconfirmed.

• Rear-alley access arrangements require legal and practical verification.

• The distinctive layout may reduce the resale and lending buyer pool.

• Rental figures are advertised asking rents, not achieved or passing rents.

• Refurbishment requirements and costs are not evidenced.

• Additional Special Conditions of Sale may impose search, seller-cost, legal or transfer charges.

• Only on-street parking is stated.

• Total acquisition and project cost cannot be calculated from the supplied evidence.

Recommendation

Potentially suitable for a buy-to-let or owner-occupier purchase if inspection confirms condition, legal access and achievable rent. Do not bid solely on the apparent discount to the cautious GDV range until all special-condition costs and the access arrangements are verified.

Strategy Rating

Analysis Confidence

There is useful same-road sold-price evidence and rental asking evidence, but the comparables lack size and bedroom detail, the property has an unusual layout and access arrangement, and works, total costs, achieved rent and additional auction charges are not quantified.