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4 bed property, in Mulgrave Road, £88,000
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4 bed terraced house

Mulgrave Road, Hartlepool TS26
£88,000

Our Summary

  • Prime investment opportunity
  • After value add, the potential annual rental of £14,851
  • 20 pa (Estimated using Local Housing Allowance rates) DESCRIPTION This property presents a rare and unique investment opportunity to acquire 3 x self contained rental units
  • The third unit, a vacant studio, requires some refurbishment, offering potential to increase rental income once renovated
  • This property is ideal for investors seeking high returns in the rental market, with the added opportunity to enhance value through improvements

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Description

The property is a building converted into 3 self-contained flats, comprising a spacious 2-bedroom flat and 2 studios. The building has a lounge, kitchen, and bathroom in each unit, with varying room sizes and fixtures. The 2-bedroom unit has a lounge, kitchen, bedroom 1, bedroom 2, and bathroom, while the studios have a lounge, kitchen, and bathroom, with one additional room currently used as a bedroom area.