Park Terrace, Sunderland, SR5 2 bed flat for sale

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Park Terrace, Sunderland, SR5 2 bed flat for sale

Park Terrace, Sunderland, SR5
£39,000

Our Summary

  • This upper flat is in need of the bathroom and kitchen updating which is reflected in the asking price
  • There is the potential for a landlord to obtain a 13% yield
  • Bathroom - Part tiled bathroom in need of refurbishmentExternal - This upper flat has a pleasant outlook over a tree lined green
  • Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

This upper flat is situated in a cul-de-sac setting and boasts a spacious interior with two double bedrooms. The property has a pleasant outlook over a tree-lined grassed area and features an enclosed yard to the rear. While it requires updating in the bathroom and kitchen, which is reflected in the asking price, it has the potential for a 13% yield for a landlord. The property includes an entrance hall, lounge, kitchen, two double bedrooms, and a bathroom, all of which are in need of refurbishment. The flat is being sold via a secure online bidding process, with a starting bid of £40,000. Viewings are strictly by appointment only, and bidders must adhere to a verification of identity process to participate in the auction.
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