Vacant two-bedroom upper flat with strong investment potential, offering scope to add value and achieve an estimated rental income of approximately £600 pcm.
Open House Viewings (no need to book)
Tuesday 28th April - 12pm-12:30pm
Friday 1st May - 11:00am-11:30am
Description
For Sale by Auction – 5th May
Guide Price: £20,000 – £40,000
Tenure: Leasehold | EPC Rating: D | Vacant Possession
An excellent opportunity to acquire a two-bedroom upper flat located in a popular residential area, offered to the market with vacant possession and ideal for investors, landlords, or those seeking a refurbishment project.
The property briefly comprises a private entrance with staircase leading to the first floor, opening into a spacious open-plan living and dining area with ample natural light. There is a separate fitted kitchen, two bedrooms including a generously sized principal bedroom with bay window, and a shower room/WC.
Externally, the property benefits from on-street parking and is well-positioned for access to local amenities, schools, and transport links into Sunderland city centre and surrounding areas.
The property requires a degree of modernisation, presenting strong potential for value uplift or rental investment once improved.
Key Features
For sale by auction on 5th May
Guide price £20,000 – £40,000
Vacant possession
Two-bedroom upper flat
Spacious open-plan living/dining area
Separate kitchen
Popular residential location
Excellent investment opportunity
EPC Rating: D
Viewings
Strictly by appointment – please refer to the viewing schedule above.
Auction Information
The property is sold under auction terms and conditions. Buyers are advised to review the legal pack prior to bidding.
Tenure: Leasehold
EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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