2 Bed Bungalow, Refurb/BRRR, Sunderland, SR2 9RR, £55,000

• For Sale by Modern Auction +
• Subject to Reserve Price & Reservation Fee +
• Attention Investors +
• No Onward Chain +
• Double glazed throughout +
• Shower room +
• Quiet Street +
• 2 Reception Rooms +
• Terrace Cottage +
• Rear Yard +

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £55,000 + Reservation Fee. With 2 large reception rooms and 2 double bedrooms, this could be the perfect project for you. Set on a quiet street in Grangetown and only a short walk to bars, cafes, and restaurants, it could make the ideal home for first-time buyers and investors alike.
The property itself benefits from gas central heating, double glazing and briefly comprises of an entrance hall, living room, large dining room, kitchen, shower room and 2 good-sized Bedrooms. Externally there is a rear yard with an electric autoroll garage door.
With some modernisation, this could make a spacious and desirable family home
- For Sale by Modern Auction
- The hallway gives access to the living and dining rooms.
- Large living room with gas fire and double doors to dining room.
- Very large dining room, again with gas fire, boiler tank, high ceilings and stairs leading to the first floor.
- Galley kitchen with space for all the appliances you could need, a stainless-steel sink and laminate worktops.
- Shower room/wet room fitted with shower, toilet and sink.
- On the first floor are two large bedrooms, one of which is 6 meters in length, with a cupboard to the rear.
- Enclosed rear yard with space to park a car.

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 buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of thepurchase 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 £349 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 Arrangement
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.