Hendon, Tyne & Wear, SR2 8QN 3 1 1
£55,000 (plus fees)
Guide Price £55,000 + via ONLINE UNCONDITIONAL AUCTION on the 12th April 2022.
A well-presented three-bedroom mid terrace cottage, currently ‘Let’ on an AST at £455 PCM in the Hendon area of Sunderland.
The spacious property briefly comprises entrance lobby, hallway, large master bedroom with Bay window, central lounge with staircase to first floor and double French patio doors to rear yard, fitted kitchen, rear lobby and white family bathroom W.C. To first floor are two bedrooms with Velux skylights. Externally is an enclosed rear yard and front forecourt.
As mentioned earlier, the accommodation is currently ‘Let’ at £455 PCM, returning a yield of 9.92% on the advertised guide price. This is a perfect, readymade BTL investment and an internal viewing is considered essential to appreciate.
Buyer's Administration Fee £2,400.00 Inc VAT (£2,000 + VAT).
EPC rating D.
For more information, please contact Moovd directly.
Accessed via a white UPVc double glazed door and dado rail.
Coving, dado rail and single radiator.
UPVc double glazed Bay window to front aspect, ceiling rose, coving, dado rail and single radiator.
Open spindle staircase to first floor, UPVc double glazed French patio doors to rear yard, coving and X2 double radiators.
Fitted with a range of wall and base units contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, splash back tiling, integrated gas hob, electric oven, plumbed for washing machine, wall mounted Main boiler, UPVc double glazed window to side aspect, single radiator and vinyl flooring.
UPVc double glazed door to rear yard and vinyl flooring
A white suite comprising: panelled bath, low level W.C, pedestal hand basin, cladding to walls and ceiling, single radiator, UPVc double glazed frosted windows to side aspect and vinyl flooring.
Double glazed velux skylights to front aspect and single radiator.
Double glazed Velux Skylight to rear aspect and single radiator.
Enclosed rear yard with gated access and front forecourt.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time during the timed auction.
The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed online auction) the reserve price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price.
Unconditional Auction Notes:
The above property is been offered for sale by online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions or Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of offer via signing our Bidder Registration Form. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £2,400.00 Inc VAT (£2,000 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer.
Each property has a valid Legal Pack, which is a set of documentation prepared by the seller's solicitor relating to the property been offered for sale. This is available to download via the property details on our website.
We have taken reasonable care to prepare particulars that correctly describe each property. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If we provide information, or a copy of a document, we do so only on the basis that we are not responsible for the accuracy of that information or document. The particulars and the sale conditions may change prior to the timed online auction and it is your responsibility to check that you have the correct versions. If the special conditions do not contain a description of the property, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract.
Offered for Sale via Unconditional Online Auction
12th April 2022
Three bedroom mid terrace cottage
Immediate readymade investment
Let at £455 PCM on AST
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