Property Details

2 bedroom ground floor flat for sale For Sale

Otto Terrace, Ashbrooke, Sunderland, SR2 , SR2

£35,000

ROI = 30% BMV = 62.38%

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Description

Available with no onward chain, this two-bedroom ground-floor flat presents an excellent refurbishment opportunity for investors. The property comprises a communal entrance door, entrance hallway, two bedrooms, a bathroom, and an open-plan lounge/kitchen area. Externally, the property benefits from a detached garage and a shared yard with the upper flat. Conveniently located close to local amenities and transport links, this property has great potential. Early viewing is recommended! This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

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