A freehold semi-detached bungalow in Hartlepool, offered in excess of £114,000, generating £950 PCM (£11,400 per annum), reflecting a strong gross yield of circa 10%. The property benefits from a Baxi combi boiler, gas central heating, uPVC double glazing throughout, a front garden, and a block-paved rear patio. The income is secured via a 10-year Full Repairing & Insuring (FRI) lease with no break clause, with the seller advising the contract is excluded from the Landlord and Tenant Act 1954 and the property is fully let for exempt accommodation use with housing benefit-backed income. Purchasers should undertake their own due diligence regarding the lease terms, tenancy structure, and income source. Well located for local schools, shops, healthcare, and Hartlepool Railway Station, all within 0.5 miles.
A well-presented 2-bedroom freehold semi-detached bungalow in Hartlepool, benefiting from a Baxi combi boiler, gas central heating, uPVC double glazing throughout, a front garden, and a block-paved rear patio. The property is fully let on a secure 10-year FRI lease with no break clause, generating a strong yield of circa 10%, with the seller advising the income is housing benefit-backed under an exempt accommodation use arrangement. Purchasers should undertake independent due diligence on the lease and tenancy structure. Ideally located close to schools, shops, healthcare, and Hartlepool Railway Station.
Secure Deal
Fee to Pay £720$ 973 *$ 1,388 *$ 1,364 *€ 848 * (Inc VAT)
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