2 bedroom terraced house

For sale by modern auction, guide price £27,000 plus reservation fee.

Requiring full modernisation throughout, this extended two-bedroom mid-terrace home is offered for sale by way of auction and presents a superb opportunity for buyers seeking a project.

Situated on Langley Street in the popular area of New Herrington, the property enjoys a convenient location and nice outlook, with excellent access to local amenities, shops, and schools, as well as great road links via the A690 and A19, making it ideal for commuters.

The layout comprises an entrance lobby leading into the lounge, a kitchen, rear lobby, and ground floor bathroom. Upstairs there are two well-proportioned bedrooms offering good space.

Externally, the property benefits from a garden to the front and a yard to the rear.

This is a property with fantastic potential and is ideal for investors or buyers looking to renovate and create a lovely home to their own taste.

Ground Floor -

Lobby -

Lounge - 4.6 x 4.1 (15'1" x 13'5") -

Kitchen - 5.2 x 2.2 (17'0" x 7'2") -

Rear Lobby -

Bathroom - 2 x 1.8 (6'6" x 5'10") -

First Floor -

Landing -

Bedroom - 4.6 x 2.5 (15'1" x 8'2") -

Bedroom - 3.8 x 2.9 (12'5" x 9'6") -

Modern Auction - Auctioneer Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 5 Mbps, Superfast 61 Mbps, Ultrafast 10,000 Mbps
Mobile Signal/Coverage: Good/Average
Tenure: Freehold
Council Tax: Sunderland, Band A - Approx. £1,395 p.a
Energy Rating: TBC

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.