Guide price
£55,000
2 bed terraced house for saleTintern Street, Sunderland SR4
2 beds
1 bath
1 reception
- Chain free
- Auction
Pattinson - Sunderland
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About this property
2 bedroom cottage property
For sale via modern auction
Desirable location
Vacant possession
Summary
** For sale by modern auction *** Terms and fees apply ***
Pattinson Estate Agents are delighted to present to auction this well-appointed two-bedroom end of terrace property, ideally located in the ever-popular Millfield area of Sunderland. This property offers an excellent opportunity for both seasoned investors and those looking to embark on their property journey.
Location
The property enjoys an enviable position within Millfield, renowned for its strong community feel and exceptional convenience. Residents benefit from a wide range of local amenities, including shopping facilities and highly regarded educational establishments. Sunderland city centre is located just a short distance away, and the area is well served by comprehensive road networks and public transport links, ensuring easy access throughout the North East.
Investment Potential
This property represents an ideal investment opportunity, with rental demand in the Millfield area consistently remaining high. Whether you are seeking to expand your existing portfolio or make your first foray into property investment, this home offers solid potential for attractive returns. The property is being sold with vacant possession, allowing for immediate occupation or letting.
Accommodation
- Entrance Hallway: Welcoming entrance hallway providing access to all rooms.
- Bedrooms: Two well-proportioned bedrooms, suitable for a variety of uses.
- Living Room: Spacious and bright living area, ideal for relaxation and entertaining, with direct access to the kitchen and bathroom.
- Kitchen: Functional kitchen space with potential for modernisation.
- Bathroom: Family bathroom located conveniently off the living room.
External Features
Externally, the property benefits from a yard to the rear, offering a low-maintenance outdoor space.
Additional Information
- Vacant possession - no onward chain.
- High rental demand in the local area.
- Excellent transport connections and local amenities.
Contact Us
This property is expected to generate significant interest. For further details or to arrange a viewing, please contact our dedicated Sunderland team at Pattinson Estate Agents. Don't miss out on this superb opportunity to secure a property in a sought-after location.
Council Tax Band: A
Tenure: Freehold
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 6% 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.
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