Vacant and fully furnished two-bedroom flat ready to let at £695 PCM, offered for auction on 18th May with strong rental demand and a guide price of £30,000–£50,000.
Please call The Good Agent Sunderland on 0191 743 6078 to arrange a viewing!
Description
Guide Price: £30,000 – £50,000 | Auction: 18th May
An excellent investment opportunity to acquire a well-presented two-bedroom first floor flat, offered with vacant possession and ready for immediate letting.
This fully furnished property is to be sold as seen, including all furniture and white goods, making it an ideal turnkey buy-to-let. The flat has recently been let at £695 PCM (fully furnished), and notably had a tenant ready to move in prior to a sale falling through—demonstrating strong rental demand and immediate income potential.
The accommodation briefly comprises: communal entrance, private hallway, spacious living room, fitted kitchen with appliances, two bedrooms, and a bathroom suite. Externally, there are communal grounds and access areas.
Key Features:
Vacant possession
Fully furnished – sold as seen
Previously let at £695 PCM
Strong tenant demand (tenant recently secured prior to sale collapse)
EICR in place
EPC Rating: C
Ideal for investors seeking a ready-to-let property
Tenure & Charges:
Leasehold – 125 years from August 2006 (approx. 100 years remaining)
Service charge: £104 PCM (Gentoo)
(Schedule available in legal pack)
This is a fantastic opportunity for investors to acquire a low-entry, high-yield potential property with minimal setup required.
Early inspection recommended.
Tenure: Leasehold
EPC Rating: C
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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