Mainsforth Terrace West, Sunderland
Hendon, Tyne & Wear, SR2 8JX 2 1 1
£39,950 (plus fees)
Gallery
Description
Guide Price £45,000+
ONLINE UNCONDITIONAL AUCTION on the 4th February 2022.
Moovd are delighted to offer ‘For Sale’ via Unconditional Online Auction, this vacant two-bedroom mid terrace cottage.
The property briefly comprises entrance porch, central hallway with staircase to first floor, large lounge with Bay window, fitted kitchen diner with integrated appliances, rear lobby with access into rear yard, white family bathroom W.C. To first floor, landing and two double bedrooms. Externally is an enclosed rear yard with roller shutter and front forecourt.
The accommodation was previous a BTL investment ‘Let’ on a LHA rate of £100 P/W, returning a yield of 10.40% on the advertised guide price. A perfect readymade investment, an internal viewing is recommended. Viewings strictly by appointment only.
Buyer's Administration Fee £2,400.00 Inc VAT (£2,000 + VAT).
EPC rating E.
For more information, please contact Moovd directly.
Porch
Accessed via UPVc double glazed door.
Hallway
Staircase to first floor, storage cupboard and single radiator.
Lounge
UPVc double glazed bay window to front aspect, fire place with electric wall fire, double radiator and laminate flooring.
Kitchen Diner
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 and extractor hood over, plumbed for washing machine, UPVc double glazed window to rear aspect, wall mounted combi boiler, wood panelling to dado rail, double radiator and laminate flooring.
Rear Lobby
UPVc double glazed door to rear yard
Family Bathroom
A white suite comprising: panelled bath, pedestal hand basin, low level W.C, tiled walls and floor, UPVc double glazed frosted window to side aspect and single radiator.
Landing
Bedroom 1
UPVc double glazed dormer window to rear aspect, single radiator and laminate flooring.
Bedroom 2
Double glazed velux sky light to front aspect, single radiator and laminate flooring.
Externally
Front forecourt garden and enclosed rear yard with roller shutter and garden tap.
It is advised people outside your household or support bubble should not help with moving unless absolutely necessary. Moovd are still allowed to work and conduct valuations and viewings.
If you are looking to move, you can still go to property viewings. You must however follow national guidance on moving home safely, which includes advice on social distancing, letting fresh air in and wearing a face covering.
Location
Unconditional Auction.
Guide Price:
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.
Reserve Price:
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.
Legal Pack:
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.
Particulars:
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.
Features
Offered for Sale via Unconditional Online Auction
4th February 2022
Two bedroom mid terrace
Offered with vacant possession
Previous BTL
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