7 bedroom detached house for sale

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7 bedroom detached house for sale

Union Mews, Hartlepool
£255,000

Our Summary

  • Auctioneer's Comments This property is offered through Modern Method of Auction
  • Sale by Modern Auction (T&Cs apply)

Description

This unique property opportunity combines five separate dwellings - two 3-bedroom apartments, one 2-bedroom apartment, a 3-storey 3-bedroom townhouse, and a 3-bedroom detached house - all under one title deed. The properties have been successfully rented out, generating a minimum annual income of £33,600 and a rental yield of around 10%. While works are required to maximize rental income, the properties' prime location on the historic headland, next to the Quayside and beach, offers stunning views and a sought-after address. The current rental income ranges from £500 to £700 per month, providing a solid foundation for potential investors or developers looking to capitalize on this unique opportunity.