1 bed Flat For Sale £15,000
Summary
To be sold via Online Auction until 23/01/2023 12:00. Fees apply
**calling all investors and first time buyers**
We are delighted to welcome to the market this ideal investment opportunity with great rental penitential. This one bedroom apartment is in Waterloo Walk, Sulgrave. Situated close to a range of local schools and amenities, Waterloo Walk is well located for those who commute to Sunderland, Newcastle or Durham. Briefly comprising of Communal entrance with secure entry system, lounge, kitchen, bedroom and bathroom. Externally there are well maintained communal gardens.
This property comes with a tenant in situ paying 400pcm - Tenant has a clear rental history and property was immaculately presented, tenant wishes for a long term tenancy going forward.
Early viewings come highly recommended to appreciate this investment opportunity.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 55
Ground Rent Review Period: 1707
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
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 available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
To be sold via Online Auction until 23/01/2023 12:00. Fees apply
**calling all investors and first time buyers**
We are delighted to welcome to the market this ideal investment opportunity with great rental penitential. This one bedroom apartment is in Waterloo Walk, Sulgrave. Situated close to a range of local schools and amenities, Waterloo Walk is well located for those who commute to Sunderland, Newcastle or Durham. Briefly comprising of Communal entrance with secure entry system, lounge, kitchen, bedroom and bathroom. Externally there are well maintained communal gardens.
This property comes with a tenant in situ paying 400pcm - Tenant has a clear rental history and property was immaculately presented, tenant wishes for a long term tenancy going forward.
Early viewings come highly recommended to appreciate this investment opportunity.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 55
Ground Rent Review Period: 1707
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
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 available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
