Imagine buying a 3-bed terrace in Hartlepool for £65,000 with a tenant already paying rent—immediate cashflow to try building your portfolio? Mike Bells here, unpacking the details for UK investors. With Hartlepool yields 7-10% and rents projected £573 average (Varbes), this auction deal could be a strong start. Let’s explore if it’s worth your try.
Property Snapshot: What You’re Getting
This terraced on Windsor Street (TS26) is freehold and tenanted: 3 beds, lounge, kitchen, 1 bath. Condition: Basic but rentable—no immediate refurb needed. Link: https://www.rightmove.co.uk/properties/159958055#/?channel=RES_BUY. Auction via Secure Sale—bidding starts £65,000 for quick close.
Location vibe: Hartlepool’s coastal-industrial area offers steady tenants from docks, with amenities close. But flood risks and average crime mean screen carefully.
Market Insights: Hartlepool’s 2025 Appeal
Hartlepool leads with 7-10% yields, rents up to £650 for 3-beds (Smith & Friends). Prices grew 20.6% YoY in similar postcodes (Housemetric), with marina regen fueling 4-6% growth (Savills). Demand from workers, but voids seasonal at 15%.
Numbers That Matter: Financial Deep Dive
Outlay: £65,000 + £5k fees = £70,000 (25% deposit).
- Monthly Cashflow: £600 rent – £300 costs = £300 positive.
- Gross Yield: 11.08% (£7,200 rent / £65,000)—above area 7-10%.
- ROI: 8.23% (Net £5,760 / £70,000).
- ROCE: 8.23% (Net income £5,760 / £70,000).
Break-even: 3 months. Tenanted bonus for immediate returns.
Strategies to Maximize Returns
- BTL: Keep tenant for £300 cashflow—try Universal Credit for stability.
- HMO: 4 rooms for £1,200 rent (20% yields)—try licensing £500.
- BRR: £10k refurb to £85k—try cash-out to scale.
- Flip: £10k profit in 2 months—try if auction wins low.
Question: Auction or traditional buy—your try?
Risks: Honest Insights Before You Try
Auction overbidding risks; floods add insurance. Try survey (£500), 10% buffer. Rating: 8/10 for cashflow tries.
5-Year Outlook: Forecast Table
(3.5% growth, 4% rents per GOV.UK/Savills):
| Year | Value | Rent | Yield | Cashflow |
|---|---|---|---|---|
| 2025 | £70k | £600 | 10.3% | £3,600 |
| 2026 | £72.5k | £624 | 10.3% | £3,748 |
| 2027 | £75k | £649 | 10.4% | £3,888 |
| 2028 | £77.6k | £675 | 10.4% | £4,050 |
| 2029 | £80.3k | £702 | 10.5% | £4,224 |
| Total | +£10.3k | – | – | +£19,510 |
Ready to turn investments like this into portfolio growth? Schedule a free 30-minute strategy call with Mike Bells now—discover how we can help you secure high-yield deals and scale faster. Spots are limited, so book today! If you’re looking for properties with this kind of returns, fill the form below to get started. If you’re looking to sell your property quickly and hassle-free, we’re here to make it happen—fill out the form below for a no-obligation quote.
This content is provided by Mike Bells Property Sourcing for informational and educational purposes only and does not constitute personalized financial, investment, or legal advice. We make no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or suitability of this information. Past performance is not indicative of future results, and all investments involve risk, including the potential loss of principal. Mike Bells accepts no liability for any losses or damages arising from reliance on this material. Always conduct your own thorough due diligence, consult independent financial advisors, and verify details before making investment decisions.