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Guide price

£35,000

2 bed flat for sale
Blind Lane, Sunderland SR3

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction

The Good Estate Agent

Logo of The Good Estate Agent

About this property

  • High yield investment

  • Secure online auction

  • Sunderland

  • Long term tenant

  • Fully compliant

  • Rare opportunity

  • Great price

  • Great location

  • EPC - C

  • Well maintained

The Good Estate Agent Are Delighted To Market Via Traditional Online Auction A High Yield, 2-Bed Flat In New Silksworth, Sunderland, Sr3.



Enquire and book online quoting reference 23347

For sale by Traditional Online Auction – T&c's apply

Located within the ever-popular New Silksworth, this tenanted property is available to purchase via traditional online auction.

Providing high yield returns with a long-standing tenant in situ, the property is a 2-bed upper flat situated in the heart of thriving and sought after community.

Available with 879 years remaining on the current lease with just peppercorn rent and no service charge, the property presents a turnkey, instant revenue generating investment.

The property is currently tenanted with an AST yielding a gross annual rental income of £5,400 with a long-standing tenant of 7 years, providing a double-digit yield with scope to increase further. Fully compliant with current eicr and cp-12 certificates, the property boasts a future proof EPC rating of C.

Full Legal Pack available online via The Good Property Auction site or via the Sunderland office.

The accommodation comprises:

Entry and Hallway:

Entry is via secure upvc door, and a carpeted staircase leads to the accommodation on the first floor.

Bathroom:

The large, well-maintained bathroom comprises a large walk-in shower unit, toilet and wash basin.

Open Plan Living Room and Kitchen:

Well proportioned with ample room for large furniture items, this room has been well maintained and is in good order with an abundance of space.

Master Bedroom:

A large master bedroom overlooks the front of the property and is well maintained.

Bedroom 2:

Currently utilised for storage, the second bedroom is well proportioned and spacious.

Heating System:

Newly installed The Gas combi boiler.

For Sale via Good Property Auctions via Online Auction powered by Bamboo Auctions.

The auction will be exclusively available online via our website including the legal pack information.

The registration process is extremely simple and free. Please visit the Online Auctions section of the Good Property Auctions website for guidance on how to register.

The 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.

Stage 2) View the legal pack and arrange any viewings

Stage 3) If you would like to bid, use the 'dashboard' button and complete your id check and enter your payment and solicitors’ details

Stage 4) You are ready to bid - Good Luck!

No deposit monies are required before you bid.

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

Some Vendors may consider offers prior to the auction. These offers can only be submitted via 'agents name' and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.

Council Tax Band

The council tax band for this property is A.

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Property descriptions and related information displayed on this page are marketing materials provided by - The Good Estate Agent. 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 The Good Estate Agent for full details and further information.