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Argyle Square, Ashbrooke, Sunderland 7 bed terraced house for sale
Argyle Square, Ashbrooke, Sunderland
£300,000
Argyle Square, Ashbrooke, Sunderland
£300,000
Our Summary
- FOR SALE BY AUCTION - STARTING BID £300,000 - INVESTMENT SALE - 5 SELF CONTAINED FLATS PRODUCING - £40,220 PER ANNUM - The property is located on Argyle Square and comprises of a terraced property split into 5 self contained flats
- Auction Terms Of Sale - TimescalesContracts will exchange immediately
- More InformationFor more information call our auction experts on[use Contact Agent Button] or [use Contact Agent Button]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[use Contact Agent Button] or [use Contact Agent Button]Tenancy Details - It has been advised that the following rents are payable for the property
Description
This property is a terraced house on Argyle Square in Sunderland, comprising five self-contained flats. The flats are rented out, generating an annual income of £40,220. The property is conveniently located near the city center, local shops, and transport links. The interior features a communal entrance hall, studio bedrooms, shower rooms, and open-plan living areas. The exterior includes a front forecourt and a rear yard. The auction is starting at £300,000, and buyers are advised to familiarize themselves with the legal pack and terms of sale before bidding. The deposit is 5% of the purchase price, and there is a non-refundable reservation fee of 2.5% + VAT. The auction is being held online, and bidders should note the specific terms and conditions of the auction.