Property With Potential Logo Property With Potential - return to homepage
Azalea Terrace North, Ashbrooke... 6 bed end of terrace house for sale

>

Azalea Terrace North, Ashbrooke... 6 bed end of terrace house for sale

Azalea Terrace North, Ashbrooke, Sunderland
£345,000

Our Summary

  • FOR SALE BY AUCTION - STARTING BID £290,000 - INVESTMENT / MULTI LET INVESTMENT An exciting opportunity to purchase a an end terraced property comprising of 5 no self contained flats offering a unique investment opportunity
  • Viewing of this exciting project and investment property is highly recommended to appreciate the location and potential on offer
  • Auction Terms Of Sale - TimescalesContracts will exchange immediately
  • More InformationFor more information call our auction experts on or email ONLINE AUCTION NOTICEI 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
  • 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
  • More Information is available:For more information call our auction experts on or email Tenancy Details - It has been advised that the following rents are payable for the property

Description

This is an exciting investment opportunity to purchase a 5-flat end-terrace property in Sunderland, currently producing £39,000 per annum in rental income. The property is arranged over three floors, with each flat being self-contained and offering a unique investment opportunity. The property is situated on the fringe of the city center, with excellent access to transport links, shops, and amenities. The current tenants are in place, and the property is generating £3,250 per month. The auction terms require a 5% deposit, subject to a minimum of £4,000, and a non-refundable reservation fee of 2.5%+VAT. The property is being sold subject to the terms and conditions of the auction, and interested buyers are advised to familiarize themselves with the legal pack prior to bidding.