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Property Listing Details

3 bed terraced house for sale

Canon Cockin Street, Sunderland SR2

  • Sold subject to contract
  • Investment

£25,000

Property details

  • 3 bedrooms
  • 1 bathroom
  • 2 reception rooms

Features

  • Freehold
  • For sale by auction – T & c’s apply
  • Subject to an undisclosed reserve price
  • Reservation fee applicable
  • EPC rating F
  • The modern method of auction
  • New kitchen
  • 3/4 bed investment property
  • 3 first floor bedrooms
  • Some updating required
  • Gas central heating via combi

Listing view statistics

Last 30 days: 39 page views

Since listed: 2888 page views

Description

**to be auctioned on the 23rd may – venue, durham emirates, riverside cricket ground, chester le street – registration 6:30PM – please call to arrange an appointment to view **
For sale by Modern Method of Auction: Starting bid price £25,000 plus reservation fee. 3 or 4 bedroom mid terrace cottage with double dormers creating 3 full height first floor bedrooms with the potential to use the front ground floor reception room as A 4th bedroom.
The property is mostly single glazed and would benefit from a little love and attention but has a had a recent modern kitchen installed and has a current gas safety certificate for the Combi boiler (at the time of creating these particulars).
Suitable as a spacious family home or as an investor property, we would estimate that a well presented version of this property would achieve a rental income of around £6000 pa providing a yield well in excess of 10%.
Briefly comprising; entrance hall, central spacious lounge with open plan staircase, front reception room or 4th bedroom (in this style of property this room is usually used as a bedroom), 3 additional first floor bedrooms, modern kitchen, bathroom, rear yard with timber gates and car port.
Viewing arrangements are by appointment with Good Life and can be made by contacting our local office.
This property is for sale by The Great North Property Auction powered by Iam-sold.

Introduction

**to be auctioned on the 23rd may – venue, durham emirates, riverside cricket ground, chester le street – registration 6:30PM – please call to arrange an appointment to view ** For sale by Modern Method of Auction: Starting bid price £25,000 plus reservation fee. 3 or 4 bedroom mid terrace cottage with double dormers creating 3 full height first floor bedrooms with the potential to use the front ground floor reception room as A 4th bedroom.
The property is mostly single glazed and would benefit from a little love and attention but has a had a recent modern kitchen installed and has a current gas safety certificate for the Combi boiler (at the time of creating these particulars).
Suitable as a spacious family home or as an investor property, we would estimate that a well presented version of this property would achieve a rental income of around £6000 pa providing a yield well in excess of 10%.
Briefly comprising; entrance hall, central spacious lounge with open plan staircase, front reception room or 4th bedroom (in this style of property this room is usually used as a bedroom), 3 additional first floor bedrooms, modern kitchen, bathroom, rear yard with timber gates and car port.
Viewing arrangements are by appointment with Good Life and can be made by contacting our local office. This property is for sale by The Great North Property Auction powered by Iam-sold.

Auctioneer Comments

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction
is a flexible buyer friendly method of purchase. We do not require the
purchaser to exchange contracts immediately, but grant 28 days to achieve
exchange of contracts from the date the buyer’s solicitor is in receipt of the
draft contracts and a further 28 days thereafter to complete. Allowing the
additional time to exchange on the property means interested parties can
proceed with traditional residential finance. Upon close of a successful
auction or if the vendor accepts an offer during the auction, the buyer
will be required to put down a non-refundable Reservation Fee of 4.2%
subject to a minimum of £6,000 plus VAT which secures the transaction
and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior
to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal Pack which can be downloaded
for free from the auction section of our website or requested from our
Auction Department.
Please note this property is subject to an undisclosed Reserve Price
which is generally no more than 10% in excess of the Starting Bid. Both
the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by iam-sold Ltd
to view or make A bid – Contact Good Life
or visit:

Entrance Vestibule

The property is entered via modern grp front door.
Vinyl tile flooring, electric consumer unit, electric and gas meter, partially-glazed door leading to entrance hall.

Entrance Hall

Laminate wood effect flooring, single radiator, door leading off to dining room.

Dining Room (17' 5'' x 14' 10'' (5.30m x 4.52m))

Carpet flooring, double radiator, open plan staircase to first floor landing, 2 wooden framed single glazed windows facing out to rear yard, door leading off to kitchen, double doors leading off to front lounge or bedroom 4.

Lounge/Bedroom 4 (14' 10'' x 13' 5'' (4.52m x 4.09m))

Measurements taken at widest points and into bay.
Carpet flooring, single radiator, front facing wooden framed single glazed bay window, decorative fire surround with electric fire. Double doors leading through to dining room/lounge depending on how property is used.

Kitchen (18' 5'' x 7' 5'' (5.61m x 2.26m))

Vinyl wood effect flooring, modern grp rear door, . Modern kitchen with a range of wall and floor units in a medium wood effect finish with contrasting laminate work surface, integrated electric oven, 4 ring gas hob and feature extractor chimney in stainless steel finish, stainless steel sink with single bowl, single drainer and matching monobloc tap. Space and plumbing for a washing machine, space for a tall fridge/freezer, wall mounted Combi boiler, double radiator, single glazed wooden framed window facing out to rear yard, door leading off to bathroom.

Bathroom (7' 4'' x 6' 7'' (2.23m x 2.01m))

Vinyl wood effect flooring, single radiator, wooden framed single-glazed window privacy glass facing out to the rear yard. White bathroom suite comprising of; toilet with low level cistern, sink with single pedestal and chrome taps, bath with panel and chrome taps. The walls are partially finished in a uPVC cladding.

First Floor Landing

Small built-in cupboard proving some storage, 3 doors leading off all to bedrooms.

Bedroom 1 (12' 4'' x 12' 2'' (3.76m x 3.71m))

Carpet flooring, single radiator, rear facing white uPVC double glazed window. Built-in wardrobes providing storage and hanging space. This is a very large double bedroom.

Bedroom 2 (12' 1'' x 6' 5'' (3.68m x 1.95m))

Carpet flooring, single radiator, front facing wooden framed single glazed window. This is a very generous single bedroom.

Bedroom 3 (8' 10'' x 6' 8'' (2.69m x 2.03m))

Carpet flooring, single radiator, front facing wooden framed single glazed window. This is a average size single bedroom.

You could get

Superfast broadband Superfast broadband

Up to 73.8 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sunderland 1 miles
  • Seaham 4.1 miles
  • Valley Road Academy 0.1 miles
  • Grangetown Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sunderland 1 miles
  • Seaham 4.1 miles
  • Valley Road Academy 0.1 miles
  • Grangetown Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a house in SR2:

  • £111,993
  • Price decrease

  • -£2,133
  • (-1.869%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £116,821
  • Properties sold

    119

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in SR2 is currently:

£585 pcm

Recent sales nearby

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The Agent

Price history

Sold prices provided by Land Registry
9th Apr 2019 £25,000 Price reduced by £10,000
12th Mar 2019 £35,000 Price reduced by £14,999
8th Jan 2019 £49,999 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Good Life Estate Agents Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Good Life Estate Agents Ltd for full details and further information.