- HMO - Tenants Currently Situated +
- 6 Bedrooms HMO +
- Spacious Rooms +
- Likely to attract enquiries from Serious Investors & Developers +
- INVESTMENT POTENTIAL +
Starting bids of £110,000
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
Key Features:
Six spacious en-suite rooms
Private kitchenettes in each room
Well-maintained communal kitchen
Great location with excellent transport links
Close to Hartlepool town centre and local amenities
Some rooms already tenanted - ideal for immediate returns
Location Benefits:
Stockton Road is a highly sought-after location, offering fantastic access to local amenities, including supermarkets, shops, and eateries. The property is just a short distance from Middleton Grange Shopping Centre, providing a range of high-street brands, restaurants, and entertainment.
For those commuting or travelling, Hartlepool Train Station is within easy reach, offering direct links to major cities such as Newcastle and Middlesbrough. The property is also conveniently located near Hartlepool Marina, a vibrant area with waterfront dining and leisure activities.
This is a great opportunity for investors looking to secure a high-yielding property with strong rental demand in a thriving area.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Magnum Properties are delighted to offer this spacious HMO with en-suite rooms, located on Stockton Road, in Hartlepool. In brief the property compromises of a welcoming entrance hallway, six self contained rooms, with one of those being available to rent. Each room is modernly decorated and fully furnished with items including a bed, mattress, wardrobe, bedside cabinet, en-suite, a kitchen area with a fridge, storage cupboards, a washing machine, and microwave. The living room / kitchen area would be shared by all occupants in the property and contains cupboards, 2x fridge / freezers, and 2x oven / hob.
Location:
The property is located in a desirable area of Hartlepool and within close proximity to Hartlepool train station. There are also great access links such as the A19 and A689 close by with easy access to public transport links, making it convenient for daily commutes.
-Rent: £350.00 PCM / Per Room with an additional charge of £50.00 PCM for utility costs
-Deposit: £350.00
EPC Rated E
All applicants would be subject to references and credit checks.
If you have any questions or wish to arrange a viewing, please contact Magnum Properties.