Lot 4 - 8 Marion Street, Sunderland, Tyne and Wear, SR2 8RG
- Unconditional Online Auction Sale
- Guide Price* : £35,000
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 2
Description
Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 24th October, this smartly presented three-bedroom end terrace.
The accommodation on offer, is sold with a sitting tenant paying £390 PCM, returning a yield of 13.37% on the advertised Guide Price, a cracking return for any BTL investor. The ground floor briefly comprises entrance hallway with staircase to first floor, lounge with feature fireplace, rear dining room with build in storage, fitted kitchen, rear lobby and ground floor family bathroom W.C. To first floor are three bedrooms and externally a rear shared yard. The property also benefits from an EPC rating of C and a ‘Main‘ combination boiler.
Hendon is located on the outskirts of Sunderland, with endless amenities, transport networks and a range of schools on the doorstep. The property will prove popular to an investor, with a realistic Guide Price and instant high income. Viewings strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Hallway - Accessed via UPVc double glazed door, staircase to first floor and laminate flooring.
Lounge - 4.27m x 3.07m (14'0" x 10'0") - UPVc double glazed window to front aspect, feature fire place with electric insert fire, coving, radiator and laminate flooring.
Dining Room - 3.38m x 3.15m (11'1" x 10'4") - UPVc double glazed window to rear aspect, feature fire place, storage cupboard under stairs, dado rail, radiator and laminate flooring.
Kitchen - 3.20m x 2.18m (10'5" x 7'1") - Fitted with a range of wall and base units contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, splash back tiling, electric cooker, plumbed for washing machine, UPVc double glazed window to side aspect, wall mounted boiler, wood panelling to dado rail and laminate flooring.
Rear Lobby - Door to rear yard.
Bathroom - A white suite comprising: panelled bath with mixer hand attachment, low level W.C, pedestal hand basin, splash back, UPVc double glazed frosted window to rear, wood panelling to dado rail, single radiator and laminate flooring.
Landing - Loft access
Bedroom 1 - 5.49m x 3.20m (18'0" x 10'5") - UPVc double glazed window to front aspect, coving and radiator.
Bedroom 2 - 3.43m x 2.44m (11'3" x 8'0") - UPVc double glazed window to rear aspect, double radiator and laminate flooring.
Bedroom 3 - 3.23m x 2.08m (10'7" x 6'9") - UPVc double glazed window to side aspect and single radiator.
Externally - Shared rear yard.
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is being offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting of £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Agreement Documents
- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
Additional Documents
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