Currenlty listing 733 upcoming property auctions in the UK
Flats, 229 & 231 Raby Road
Address
See address
Auction date
29 Apr 2026
Guide price
£69,999
Type
Flat
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming

Description
An excellent opportunity to acquire two self-contained one-bedroom flats held under a single freehold title, located within a well-established residential area of Hartlepool with strong and consistent tenant demand.
The property comprises two spacious one-bedroom flats arranged over ground and first floor, both offering generous internal floor areas rarely found in comparable flats within this price bracket.
- Ground Floor Flat – Approx. 47m²
- First Floor Flat – Approx. 55m²
Both properties benefit from rear extensions, providing larger kitchens and bathroom areas, resulting in comfortable and practical layouts that appeal strongly to tenants.
The overall size of each flat makes the accommodation highly competitive within the local rental market, where larger one-bedroom properties are consistently sought after.
The flats are offered with vacant possession, allowing a purchaser to implement a letting strategy immediately. Based on current rental evidence within the area, each flat is expected to achieve a minimum rental income of approximately £400 per calendar month, providing a combined income of £800+ PCM (£9,600+ per annum) once fully let.
Opportunities to purchase two income-producing flats under a single freehold title are increasingly rare, making this an attractive proposition for investors seeking strong yields, straightforward ownership, and long-term rental demand.
The property is conveniently located on Raby Road, within easy reach of Hartlepool town centre, local amenities, transport links, and employment areas, supporting ongoing tenant demand.
Last update: 27 Mar 2026
