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21, Third Street, Blackhall Colliery, Hartlepool, Cleveland, TS274EW - Image 1

21, Third Street, Blackhall Colliery, Hartlepool, Cleveland, TS274EW

North East

£23,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Introducing a promising investment opportunity in Blackhall Colliery, Hartlepool - a two-bedroom terraced house that requires comprehensive refurbishment. This property presents an excellent chance for both investors and potential homeowners looking to capitalize on the growing rental market in the area. With two reception rooms and a functional layout comprising of a living room, dining room, and kitchen on the ground floor, as well as two bedrooms and a bathroom upstairs, the potential for modernizing this space is significant. The property also features an enclosed courtyard at the rear, providing some outdoor space. Given its current condition, which is described as poor decoratively, it represents a true 'fixer-upper' in need of substantial work. Once renovated to contemporary standards, similar properties nearby have demonstrated strong rental yields, underscoring the capital growth potential of this home. Located conveniently close to local amenities and transport links, this property could achieve an estimated rental income of around £750 per month post-refurbishment—yielding an attractive return on investment. This freehold property is sold with vacant possession, making it ready for immediate renovation efforts.

Investment Analysis

(TS27 area)
Area Average
£192/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (TS27)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -7.3%
5 year growth: +39.1%
Investment Disclaimer: Analysis based on TS27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

21, Third Street, Blackhall Colliery, Hartlepool, Cleveland, TS274EW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£83
Based on a loan of £17,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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