2 bed apartment to buy in SR2

Gray Road, Sunderland, Tyne and Wear, SR2 8JE

Brochure

Bedrooms: x 2

Bathrooms: x 2

Receptions: x 1

Tenure: Leasehold

Connecting to auction...

Starting bid£77,500

Please wait while we establish connection

Key Information

Council tax: Band B
EPC rating: C
Heating supply: Gas
Parking: Allocated

Property features

Perfect Investment Opportunity
Tenant In Situ - Achieving £700 PCM
Spacious Apartment
Two Double Bedrooms
Allocated Parking Bay
Walking Distance To Sunderland City Centre

2 bed apartment to buy in SR2

**TOP FLOOR APARTMENT**TWO BEDROOMS**MODERN LIVING AREA**SECURE ENTRY SYSTEM**ALLOCATED PARKING BAY**TENANT IN SITU**ACHEIVING £700 PCM**

Pattinson Estate agents are excited to welcome to the market this impressive investment opportunity, located in the popular location of Gray Road, Sunderland, which boasts two bedrooms. Perfectly positioned within easy access of local shops and other amenities, great public transport and major road links via the A19. Also within walking distance to Ashbrooke School and Sunderland City Centre, as well as being a short commute to Hendon Beach, Sunderland University and Royal Hospital.

This well presented apartment offers spacious and stylish accommodation throughout and briefly comprises:- Secure entry system providing access to the building, apartment entrance hallway, an open plan lounge/kitchen area, two well proportioned bedrooms, one of which has an en-suite and a modern three piece bathroom. Externally, the property benefits from an allocated parking space, in addition to a number of visitor parking bays.

Early viewing is highly recommended to fully appreciate this investment opportunity . Please contact us to arrange your viewing.

Length of Lease: 102
Annual Ground Rent Amount: £200.00
Annual Service Charge Amount: £1,250.00

Building Entrance

The building entrance benefits from a secure entry system and stairs to each floor.

Apartment Entrance

The apartment entrance leading to the hallway, which gives access to lounge, both bedrooms and the family bathroom

Lounge

5.40m x 3.46m (17'8" x 11'4")

Spacious lounge area with carpet flooring, two radiators, and a double glazed front aspect window The lounge also gives open flow access to the kitchen.

Kitchen

1.89m x 3.44m (6'2" x 11'3")

Modern kitchen benefiting from a range of upper and lower units with contrasting worksurfaces with matching up-stands, a stainless steel sink unit, plumbing for a washing machine and an integrated oven with a gas hob, complete with carpet flooring.

Principal Bedroom

3.71m x 2.98m (12'2" x 9'9")

Double bedroom with en-suite, carpet flooring, radiator and a double glazed window.

En-suite

1.69m x 1.73m (5'6" x 5'8")

Convenient en-suite a shower cubicle, hand wash basin and WC. Vinyl flooring, tiled splash back and a radiator.

Bedroom Two

2.77m x 2.27m (9'1" x 7'5")

Double bedroom with carpet flooring, radiator and a double glazed window.

Bathroom

1.72m x 2.11m (5'7" x 6'11")

Three piece bathroom benefiting from a paneled bath, hand wash basin and W.C. Vinyl flooring, partly tiled walls and a radiator.

External

Externally there is an allocated parking bay and numerous 'visitor parking' bays.

Open map Street view

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%, subject to a minimum £4,000 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 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.

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

Get a free valuation that fits your needs.

Whether you’d like an instant online estimate or an expert visit to discuss your home in detail, our team will give you clear, honest advice and help you plan your next move.

Free Expert Home Visit Valuation Get an Instant Online Valuation

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.