Gatesgarth Close, Hartlepool, TS24 8RB

NGU Homes are pleased to bring to the market this two bedroom semi detached house on Gatesgarth Close, Hartlepool, TS24, offered for sale with a long term tenant already in situ, providing an immediate and reliable rental income for the incoming investor.

Long term tenant in situ, generating an 8% yield:

The property is currently let at £550 per calendar month to a long term tenant, reflecting an attractive yield of 8%. With rental income secured from day one, there are no void periods or re letting costs to consider, making this a straightforward and dependable addition to any buy to let portfolio.

Well connected Hartlepool location:

The property is conveniently placed for local amenities and transport links. Hartlepool railway station is around a 4 minute drive, offering regular rail services along the coast and into the wider North East. Hartlepool Marina is approximately a 4 to 5 minute drive, along with the Headland, and the Middleton Grange Shopping Centre is roughly a 4 to 5 minute drive, offering a wide range of shops, dining and everyday amenities, all helping to support strong tenant demand.

EPC rating C:

The property benefits from an EPC rating of C, offering reassurance of reasonable running costs for tenants and a helpful factor in maintaining strong rental demand.

Upon entering, you are welcomed into a comfortable living room, finished with neutral grey décor, with stairs rising to the first floor, creating a bright and practical living space.

The kitchen is fitted with a range of oak effect wall and base units, complemented by contrasting dark worktops, tiled splashbacks and herringbone effect flooring. There is an integrated oven and hob.

To the first floor, the property offers two bedrooms. The main bedroom is a generous double, carpeted and well proportioned, with space for a full range of bedroom furniture, while the second bedroom is a comfortable single room, also carpeted and neutrally decorated, offering flexibility as a bedroom or home office.

The family bathroom comprises a bath with overhead shower and glass screen, pedestal wash basin and WC, finished with stylish stone effect tiling to the bath area and a wood effect floor.

Externally, the property benefits from a lawned garden to the front, along with a generous enclosed rear garden, laid mainly to lawn with a paved patio area, ideal for tenants looking for outdoor space. The property also benefits from an allocated parking space with additional visitor parking.

Council Tax Band: A (Hartlepool Council) Tenure: Freehold