5 bed flat for sale

Carley Road, Sunderland, Tyne And Wear SR5

For Sale by Auction - An excellent investment opportunity to acquire a substantial freehold property comprising two self-contained flats, ideally positioned on Carley Road, Sunderland, close to a wide range of local amenities, schools, and excellent transport links. The ground floor flat offers two well-proportioned bedrooms and is currently let at £625 per calendar month, while the first floor flat provides three bedrooms and is currently achieving £650 per calendar month. Both properties are occupied by sitting tenants, generating an immediate rental income for prospective investors. The property benefits from gas central heating and double glazing throughout, together with a shared yard to the rear. Held under a freehold title, this attractive investment presents the opportunity to secure a fully tenanted asset with established rental returns from day one. Conveniently situated within easy reach of Sunderland City Centre, local shops, and public transport connections, this is a rare opportunity for landlords and investors seeking a ready-made addition to their portfolio. Early enquiries are recommended to avoid disappointment.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.