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2 Bed Flat, Potential PLO/LOA, Sunderland, SR2 0DX £50,000

Edgmond Court, Sunderland, SR2 0DX - 16 days ago
  1. Deal Search
  2. Sunderland
  3. SR2
  4. SR2 0DX
Leasehold
Auction
Negative Equity
ROI: 15%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £50,000

-34%

November 20, 2025

Sold for £67,000

2005

Sold for £25,200

2002

Floor Plans

Description

  • Two Bedrooms +
  • Apartment +
  • Garage +

FOR SALE BY ONLINE AUCTION ENDING 17TH DECEMBER 2025 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS. This two-bedroom upper flat presents a fantastic opportunity for buyers looking to create their ideal home through some updating and modernization. Boasting a generous layout, the property offers plenty of potential to add value and personalise to your taste. Inside, the accommodation comprises a lounge, kitchen, two well-proportioned bedrooms, and a bathroom, all of which provide a blank canvas for refurbishment. Large windows allow natural light to fill the rooms, creating a bright and welcoming atmosphere. Externally, the property benefits from a garage, offering convenient off-street parking or additional storage. The location is particularly appealing, with excellent access to the A19, the City Centre, and a variety of local shops, amenities, and services, making it ideal for commuters or those seeking a well-connected home. This property represents an ideal opportunity for first-time buyers, investors, or anyone looking to put their own stamp on a home in a sought-after area. Terms & Timescales This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days. Legal Pack
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative. Deposit
In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Buyer Fees
This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3000 inc VAT. This does not form part of the purchase price. More Information
For further information please contact our auction department on or email  ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online. The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding.

Agent Details

Auction Works, Tyne & Wear

0191 743 9319

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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