2 bed flat to buy in SR1

High Street East, Sunderland, Tyne and Wear, SR1 2AS

Brochure

Bedrooms: x 2

Bathrooms: x 1

Receptions: x 1

Tenure: Leasehold

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Starting bid£25,000

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Key Information

Council tax: Band A
EPC rating: D
Heating supply: Gas
Electricity: National Grid
Broadband: None
Mobile signal: Good
Parking: Off Street

Property features

Being sold via Secure Sale, Terms and Conditions Apply
City Centre Location with an Allocated Parking Bay
Two Bedrooms
No Upper Chain with Vacant Possession
Balcony Terrace
Modern Kitchen
Excellent Amenities to Hand
Good Transport Links
New EICR & CP12

2 bed flat to buy in SR1

Situated on High Street East in central Sunderland, this two-bedroom property offers a practical and well-located home with an allocated parking bay.

Inside, there’s a good-sized reception room with plenty of space for both living and dining, along with a straightforward layout that works well day to day. The property also has two decent-sized bedrooms and a bathroom.

With shops, amenities and transport links all close by, it’s in a convenient spot for getting around the city. The property also has strong rental potential, making it a good option for landlords, with the potential to achieve around a 19% yield.

A solid choice for first-time buyers, investors, or anyone looking to downsize.

Entrance Hall -

Lounge - Neutrally decorated lounge, spacious with ample room for furnishings.

Kitchen - Modern fitted kitchen with Fridge/Freezer, Electric cooker, gas hob, and some kitchen appliances,

Bedroom - Neutrally decorated double bedroom

Neutrally Decorated Bedroom -

Bathroom - Modern two piece suite with metro brick tiling and mains shower over the bath.

Wc -

External - Allocated parking bay and secure entry system.

Length of Lease: 989
Annual Service Charge Amount: £1,513.00

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

Please log in to view and download the legal pack files.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Air conditioning: No
Broadband: None
Mobile signal: Good

Construction

Construction materials: Brick and block
Roofing types: Flat

Building Safety

Property at particular risk of floods and/or erosion: No
Has flooded in last five years: No
Has flood defences: No
Has planning permission or proposals for development that will affect property: No
Is on a coalfield or mining area: No

Rights and Restrictions

Is listed building: No
Is conservation area: Yes
Has public right of way: No
Has accessibility adaptations: No
Has restrictions: No
Has required access (easements, servitude or wayleaves): No

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