4 bed terrace to buy in SR2

Azalea Terrace North, Ashbrooke, Sunderland, Tyne and Wear, SR2 7ES

Starting Bid
£120,000
Sold

Alternatively call 0191 5143929 or email sunderland@pattinson.co.uk

  • Three Self Contained Flats & One Studio
  • Tenanted Investment
  • Close Proximity To City Centre
  • Potential Annual Income Of £23,000 Per Annum

4 bed terrace to buy in SR2

FOR SALE VIA ONLINE AUCTION TO END ON 27/08/2021 13:00. FEES APPLY.

ATTENTION INVESTORS! Pattinson are pleased to welcome to the sales market this mid terrace property located on Azalea Terrace North, Ashbrooke. The property is conveniently located within close proximity to local amenities with easy access to Sunderland City Centre and Park Lane Interchange. The property briefly comprises; communal entrance hall, four self contained flats, all en-suite and a yard to the rear offering off street parking.

Two of the four flats are currently tenanted at a combined total of £720 PCM and are on varying tenancy agreements. When fully occupied the property is expected to achieve a yearly income of around £23,000 per annum.

High levels of interest are anticipated on this property, early viewing is recommended. To arrange a viewing please contact the Sunderland Office on 0191 565 0210.

Summary

  • Property Type: Terrace
  • Bedrooms: 4
  • Receptions: 4
  • Central Heating: Gas
  • Parking: Allocated

Entrance Hallway

With stairs to first and second floor.

Flat 1 - ground floor ( front )

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Open plan Lounge/kitchen area

4.60m x 4.10m (15'1" x 13'5")

Bay window to front aspect, electric fire, coving and ceiling rose. Open plan kitchen area, fitted with a range of base and wall units with contrasting worksurfaces incorporating stainless steel sink with mixer taps over, built in oven & hob, laminate flooring.

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Bedroom

Double glazed window, coving and ceiling rose. Door to ensuite.

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Ensuite

Fitted bathroom suite comprising of: panelled bath, wash hand basin, low w.c, towel radiator and coving.

Studio flat - ground floor ( rear )

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Lounge/bedroom area

4.90m x 2.70m (16'0" x 8'10")

Double glazed window to the side aspect, radiator, feature fire surround with electric fire, coving and built in cupboard.

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Kitchen

Fitted with a range of base and wall units with contrasting worktops incorporating stainless steel sink unit with mixer taps over, free standing oven with extractor hood over, coving, wall mounted combination boiler, and door to the bathroom.

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Bathroom/w.c.

Fitted bathroom suite comprising of bath, wash hand basin, low level w.c, coving and double glazed window to the rear aspect.

First floor landing

Flat 3 - 1st Floor

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Flat 3, bathroom

Panelled bath with shower off taps, pedestal wash hand basin, low level w.c, radiator, coving, wall mounted bolier and double glazed window to the rear aspect.

Stairs to second floor

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Lounge

4.10m x 3.30m (13'5" x 10'9")

Two windows to the front aspect, feature fireplace housing electric fire, radiator and coving.

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Kitchen/diner

4.30m x 4.10m (14'1" x 13'5")

Fitted with a range of base units with contrasting work tops incorporating a stainless steel, one and a half bowl unit with mixer taps over, built in electric oven and hob, coving, ceiling rose and laminate flooring.

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Bedroom.

3.10m x 2.90m (10'2" x 9'6")

Window to front aspect and radiator.

Flat 4 - third floor

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Bathroom/w.c

Bathroom suite comprising of: panelled bath with shower over, pedestal wash hand basin, low level w.c., radiator, wall mounted Baxi combination boiler, double glazed window to the rear aspect.

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Kitchen.

5.00m x 2.10m (16'4" x 6'10")

Fitted with a range of base and wall units with contrasting work surfaces incorporating single drainer sink unit with mixer taps over, double glazed velux window.

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Flat 4 - lounge

3.70m x 4.30m (12'1" x 14'1")

Two double glazed velux windows.

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Flat 4 - bedroom

4.30m x 2.50m (14'1" x 8'2")

Double glazed velux window and radiator.

Externally

Front forecourt garden. Rear yard with roller shutter doors allowing off street parking.

EPC for 4 bed terrace to buy in SR2

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% subject to a minimum of £2,400 inc VAT 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 2.4% inc VAT to a minimum of £2,400 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 auction@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.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  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 for 10 minutes. After 10 minutes without a bid, 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. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. 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: 
Up to £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 £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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