1 bed end of terrace house to buy in SR4

Houghton Street, Millfield, Sunderland, Tyne and Wear, SR4 7DY

Brochure

£55,000

Bedrooms: x 1

Bathrooms: x 1

Receptions: x 1

Tenure: Freehold

Key Information

Council tax: Band A
EPC rating: D
Heating supply: Gas
Electricity: National Grid
Broadband: ADSL copper wire
Mobile signal: Good
Parking: On Street

Property features

1 Bedroom cottage property
Cash Buyers Only

1 bed end of terrace house to buy in SR4

Pattinson Estate Agents are delighted to offer to the market this versatile one-bedroom cottage, set in the sought-after Millfield area of Sunderland. This charming property presents a fantastic opportunity for both first-time investors and those looking to expand their portfolio.
Location Benefits
The property is ideally situated for convenient access to a wide range of local amenities, shopping facilities, and highly regarded educational institutions. Its prime location also serves as an excellent base for commuting to Sunderland city centre and the wider North East region, thanks to comprehensive road networks and public transport links. The Metro train station is only a short stroll away, ensuring ease of travel for residents.
Accommodation ( Please note, we have not internally inspected this property and internal images are reflective of a previous condition)
• Entrance Hall: A welcoming space that sets the tone for the rest of the property.
• Living Room: Spacious and comfortable, with potential to be repurposed or adapted to suit your needs.
• Open Plan Kitchen: Well appointed , offering flexibility for modern living arrangements.
• Bedroom: A well-proportioned double bedroom, perfect for relaxation.
• Bathroom: Fitted with essential fixtures and amenities for convenience.
External Features
To the rear of the property, there is a convenient yard area, suitable for outdoor storage or as a small seating area.
Versatile Layout
This cottage offers excellent versatility, allowing the existing layout to be adapted according to your requirements. The current living room can be repurposed, and the open plan kitchen and lounge configuration provides a flexible space ideal for modern lifestyles.
Investment Highlights
• Tenant in Situ: The property is being sold with a reliable tenant already in place, ensuring immediate rental income.
• Desirable Location: Popular with tenants due to close proximity to transport links and amenities.
• Ready-made Portfolio Addition: Perfect for new or established landlords.
Arrange a Viewing
This ready-made investment is expected to attract significant interest. Early viewing is strongly recommended to avoid disappointment. For further details or to arrange a viewing, please contact our Sunderland team.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Air conditioning: No
Broadband: ADSL copper wire
Mobile signal: Good

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