Guide Price £31,000
EDGMOND COURT, SUNDERLAND, SR2 SR2 0DX
SSTC
2 Bedroom Flat
<p>LIVE AUCTION 12.10.26 @ 2PM</p><p>A spacious two‑bedroom first‑floor flat, offered for sale via auction and available with no onward chain. This well‑proportioned home is ideal for investors seeking a strong rental return, with a previous rental income of £650pcm and excellent yield potential. The accommodation comprises an entrance hall with stairs leading to the first floor, a generous lounge, fitted kitchen, bathroom, and two double bedrooms, both benefiting from built‑in storage. Externally, the property features a lawned area to the front, a garage situated in a nearby block, and additional street parking. Further benefits include double glazing and gas central heating. Positioned within a popular cul‑de‑sac, the flat enjoys close proximity to local amenities and convenient transport links, making it an attractive option for both investors and first‑time buyers.</p><br><br>This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
<br><br>If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
<br><br>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
<br><br>The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
<br><br>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.