54, Wynyard Mews, HARTLEPOOL, Cleveland, TS25 3JF

Description

Located on the top floor, is this bright and airy two-bedroom flat, ideally positioned close to local amenities and bus routes for travelling further afield. Accessed via a communal hallway with stairs rising to the second floor, the property opens into an entrance lobby with a well laid out and versatile accommodation, featuring a second reception room that can be utilised in a number of ways, alongside a spacious lounge, kitchen, inner hallway which leads to both bedrooms and the family bathroom. With newly fitted carpets and an abundance of natural light throughout with a practical and flexible layout, this property is well suited to investors and will offer an attractive opportunity for a strong rental yield. Accommodation: Ground Floor: Communal Hallway and Stairwell. Second Floor: Entrance, Reception Room, Lounge, Kitchen, Bathroom and Two Bedrooms. External: Communal Grounds.

Location

Property located at 54, Wynyard Mews, HARTLEPOOL, Cleveland, TS25 3JF.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

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

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. 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

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆