Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction Terms, this spacious three-bedroom mid-terrace dormer property, offering an excellent opportunity for both buy-to-let investors and owner-occupiers alike.
Offered with vacant possession and a BUY IT NOW PRICE of £70,000 + fees (£4,800 Inc VAT), this property is ideally suited to investors looking to add to their rental portfolio, first-time buyers seeking an affordable step onto the property ladder, or families looking for a home with generous living accommodation.
The accommodation briefly comprises two reception rooms, kitchen, three bedrooms and bathroom facilities. Externally, the property benefits from a small front garden and an enclosed rear yard.
Situated in the established residential area of Silksworth, Sunderland, the property is conveniently located for a range of everyday amenities, including local shops, schools and public transport links. Sunderland City Centre, Doxford International Business Park and the A19 are all easily accessible, making this an attractive location for both homeowners and prospective tenants.
With its three-bedroom layout, two reception rooms and competitive purchase price, the property offers excellent potential as a family home or rental investment.
An exciting opportunity for investors and owner-occupiers alike, with vacant possession allowing purchasers to move forward without an existing tenancy. Early viewing is highly recommended.
Viewings strictly by appointment only.
EPC rating D.
For more information, please contact Moovd directly.
Hall -
Lounge - 4.11m x 4.08m (13'5" x 13'4") -
Dining Room - 4.17m x 3.36m (13'8" x 11'0") -
Kitchen - 3.15m x 2.08m (10'4" x 6'9") -
Store -
Rear Lobby -
Bathroom Wc -
Landing -
Bedroom 1 - 4.01m x 3.63m (13'1" x 11'10") -
Bedroom 2 - 3.98m x 2.23m (13'0" x 7'3") -
Bedroom 3 - 2.38m x 2.20m (7'9" x 7'2") -
Externally -
IMPORTANT INFORMATION FOR BUYERS
Moovd Online Property Auctions work in partnership with letting/ estate agents and act as the Auctioneer throughout the sale process. Buyers should establish which auction method applies to the particular lot before making an offer or placing a bid.
OPTION A - UNCONDITIONAL ONLINE AUCTION (Traditional Auction)
Where a lot is offered by Option A - Unconditional Online Auction, the fall of the electronic gavel creates a legally binding contract between the seller and the successful buyer, subject to the applicable auction terms, Legal Pack and Special Conditions of Sale. The successful buyer is legally committed to the purchase and must complete within the period stated in the legal documentation. This is commonly 20 business days, but buyers must rely on the period specified for the individual lot.
The successful buyer will also be required to pay any reservation deposit, buyer's administration fee or other sums stated in the auction terms, property particulars, Legal Pack or Special Conditions of Sale. Buyers should have finance and professional advice in place before bidding. A failure to obtain finance after becoming legally bound will not, of itself, release a buyer from the contract.
For Moovd Unconditional Auction lots, the buyer is required to pay a non-refundable Administration Fee of £3,000 including VAT (£2,500 + VAT) and a Reservation Deposit of 10% of the purchase price, subject to a minimum of £5,000 or whatever is greater, or where those sums are stated as applicable to the lot.
Any additional seller charges or other fees will be identified in the Legal Pack and/or Special Conditions of Sale.
Buyers are deemed to bid in full knowledge of the above. Buyers must take their own advice on the tax treatment of fees, including SDLT.
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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