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

Description

A spacious first floor flat in need of a full scheme of refurbishment throughout. This vacant apartment is perfectly located within easy access to local shops, bars, amenities including Anchor Retail Park, Hartlepool Historic Quay and great transport links including the A19 which provides excellent commuting to major local towns and cities such as Middlesbrough, Sunderland and Newcastle. Accommodation: Ground Floor: Communal Entrance Hall. First Floor Flat: Entrance Hall, Lounge, Second Reception Room, Kitchen, Inner Hall, Two Bedrooms & Shower Room. External: Communal Gardens & Parking Area.

Location

Property located at 57, 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: ★★★☆☆