1 bed flat for sale

Rutherglen Road, Sunderland SR5

Summary

**** For sale via Modern method of Auction **** Fees apply ****

Pattinson Estate Agents are delighted to bring to auction this well-located one bedroom flat in the highly desirable Redhouse area of Sunderland. This property is perfectly positioned for those seeking convenient access to local amenities, a variety of shopping options, and respected educational facilities. The flat also boasts excellent transport links, with easy routes into Sunderland city centre and across the North East via a comprehensive road and public transport network.

Accommodation Details
The flat is in need of some updating, providing a fantastic opportunity for buyers looking to add value or make their own mark. The accommodation briefly comprises:
- Communal Entrance & Hallway: Well maintained and welcoming, leading to the private entrance of the flat.
- Private Hallway: Upon entering the flat, the hallway provides direct access to all rooms.
- Spacious Living Room: Generously sized and perfect for both relaxing and entertaining.
- Bedroom: A comfortable double bedroom, ideal for a single occupant or couple.
- Bathroom: Well-proportioned and ready for personal touches.
- Kitchen: Well appointed and accessible directly from the living room, making it functional and convenient.

Investment Potential
This property represents an excellent investment opportunity, whether you are looking to start a rental portfolio or add to an existing one. Its location and features are likely to generate strong interest on the local rental market, making it an attractive prospect for landlords and investors alike.

Contact Details
For further information or to arrange a viewing, please contact our Sunderland team. We are on hand to assist with any queries and to guide you through the auction process.

Don't miss your chance to secure this promising flat in one of Sunderland's most popular areas. Early viewing is highly recommended.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 104
Annual Service Charge Amount: 106.00
Service Charge Review Period: Month

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.