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Penrhyn Street, Hartlepool, Cleveland

North East

£50,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This property presents a noteworthy opportunity for refurbishment, offering spacious living areas and significant potential for value enhancement. Upon entry, you are greeted by an entrance lobby that transitions into a main hallway, allowing access to a generously sized lounge bathed in natural light. The rear kitchen and breakfast area is well proportioned, presenting an ideal canvas for reconfiguration into a modern open-plan layout suitable for contemporary lifestyles. Completing the ground floor is a functional bathroom. The first floor hosts three comfortable bedrooms that provide ample space, versatile enough to accommodate family needs, guests, or even serve as a workspace. Outside, the enclosed rear courtyard offers a practical low-maintenance outdoor area with gated access, adding an element of convenience. With no onward chain, this property stands as an excellent investment prospect with promising possibilities for both capital appreciation and rental income following renovation. Viewing early is advisable to fully grasp the extensive potential this home has to offer.

Investment Analysis

(TS26 area)
Area Average
£154/sq ft
Avg Rent (weekly)
£123
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (TS26)

Area prices are falling by -8.2% over the last 12 months
3 year growth: +1.4%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on TS26 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

Penrhyn Street, Hartlepool, Cleveland
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£177
Based on a loan of £37,500 over 30 years at 3.91% 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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