7 bedroom semi-detached house for sale

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7 bedroom semi-detached house for sale

Union Mews, Hartlepool
£280,000

Price History

Initial price £325,000
23/10/24 £280,000
Price Change -13.85%

Description

This unique property opportunity combines five separate dwellings under one title deed, including two 3-bedroom apartments, one 2-bedroom apartment, a 3-storey townhouse, and a 3-bedroom detached house. All properties are sold with vacant possession and have a proven track record of being successfully rented out, generating a minimum annual income of £33,600 and a rental yield of around 10%. The apartments and townhouse achieve rental income of £500-£650 per calendar month, while the detached house yields £700 per month. While some works are required to maximize rental income, the properties' prime location on the historic headland next to the Quayside and beach make them an attractive investment opportunity.