3 Bedroom Semi-Detached House Sold in Hartlepool, TS27
| Reference | 52730 |
| Address |
Tweddle Crescent, Blackhall Colliery, Hartlepool, TS27 (Map Location) |
| Beds | 3 |
| Baths | 1 |
| Type | Semi-Detached house |
| Tenure | Freehold |
High-Yield 12% Opportunity – Below-Market Value 3-Bed Semi A well-proportioned three-bedroom semi-detached home in Blackhall Colliery, offered at a fixed asking price of £58,500. Now vacant following a long-term tenancy, the property represents an excellent opportunity for investors seeking strong rental demand, immediate equity potential and a freehold house requiring only light refurbishment to become tenancy-ready.
Description
3-Bed with Immediate Equity & Strong Rental Demand
This three-bedroom semi-detached home provides a compelling investment opportunity in a popular residential location within Blackhall Colliery. Previously occupied by long-term tenants, the property is now vacant and available for purchase.
The accommodation includes a spacious living area, kitchen, utility space, three bedrooms and bathroom facilities across the home. The property benefits from front and rear gardens and gas central heating, and it is offered on a freehold basis.
A schedule of light works has been costed at approximately £4,500, consisting mainly of cleaning, decoration, flooring replacement and minor improvements. Once complete, the expected rental level is £595 per calendar month, generating an estimated 12% gross yield at the asking price.
Recent comparable evidence supports strong capital value in the street, with 59 Tweddle Crescent selling for £78,000 (Oct 2023), and an estimated valuation for this property indicated at approximately £80,915 for properties of similar size.
Two video resources are available for buyers:
Post-clearance video tour:
https://www.youtube.com/watch?v=_cwwp6jx2PE
Inventory inspection link:
https://my.inventorybase.com/generate/task/8ffa851c-aefb-4ee1-b5c9-b1abcc6d4d05
The property falls within a Selective Licensing area. A current licence is in place and can be updated if management is retained by the existing agent; if management is moved elsewhere, a new licence application will be required under local authority rules.
This property is competitively priced, offers strong rental demand and immediate value uplift potential, and represents a strong addition to any buy-to-let portfolio.
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Investment Information
Asking Price: £58,500
Sourcing Fee (Payable by Buyer): £2,500
Tenure: Freehold
Bedrooms: 3
Bathrooms: 3
Heating: Gas central heating
Council Tax Band: A
Status: Vacant
Estimated Rent: £595 pcm
Estimated Gross Yield: ~12%
Selective Licence: Required (licence currently held)
Selective Licence Fee: £550 to Durham Council
Licence Administration Fee: £240 (incl. VAT)
EPC Expiry: 09/08/2031 (rating required—see compliance notes)
EICR Expiry: 05/10/2026
Gas Safety Certificate Expiry: 02/12/2025
Last Inspection: 21/07/2025
Estimated Refurbishment Cost: ~£4,500
Refurbishment estimate provided is indicative only and based on a visual assessment via video; buyers should obtain independent quotations.