50, Rydal Street, HARTLEPOOL, Cleveland, TS26 9BA

Description

A two-bedroom mid-terraced property presenting an excellent investment opportunity with the potential to generate attractive rental returns. The property has historically achieved a rental income of approximately £400 per calendar month, making it a worthwhile consideration for buy-to-let investors looking to add value and maximise yield. The property itself is conveniently situated within easy reach of a range of local amenities, including shops, schools and everyday services. The property also benefits from good access to public transport links and major road networks, providing connectivity throughout Hartlepool and the surrounding areas for travel further afield. Once the property has been refurbished, the property is likely to appeal to investors, landlords and those seeking a renovation project. Accommodation: Ground Floor: Entrance Porch, Small Reception, Lounge, Kitchen & Bathroom. First Floor: Landing & Two Bedrooms. External: Front On-Street Parking & Enclosed rear yard

Location

Property located at 50, Rydal Street, HARTLEPOOL, Cleveland, TS26 9BA.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £4,800 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Commercial Refurbishment / Re-Let. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Commercial Income: ★★★★☆

Development: ★★☆☆☆

Flip: ★★☆☆☆