Guide price
£65,000
2 bed end terrace house for saleOcean Road South, Grangetown, Sunderland SR2
2 beds
1 bath
1 reception
EPC Rating: D
Just added
Auction
Freehold
About this property
Two Bedrooms
Dining Kitchen
Off Road Parking To The Rear
For Sale Via Auction
Tenant In Situ
Popular Location
This end-terrace cottage is offered for sale with a tenant in situ, currently generating a rental income of £420 per calendar month, making it an ideal investment opportunity. The property briefly comprises: An entrance hall with stairs leading to the first floor, a comfortable lounge, and a spacious kitchen/dining area with double doors providing access to the rear yard. To the first floor, the landing gives access to two well-proportioned double bedrooms and a family bathroom. Externally, there is an enclosed rear yard featuring an electric roller shutter door, providing secure off-road parking. Further benefits include double glazing and gas central heating throughout. Located in a popular residential area, the property is conveniently close to local amenities and benefits from excellent transport links. Early viewing is recommended.
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).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
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.
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.
Entrance Hall
Lounge
4.74m x 4.45m - 15'7” x 14'7”
Dining Kitchen
4.96m x 3.19m - 16'3” x 10'6”
Bathroom
1.98m x 1.76m - 6'6” x 5'9”
Bedroom One
Bedroom Two
Externally
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).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
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.
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.
Entrance Hall
Lounge
4.74m x 4.45m - 15'7” x 14'7”
Dining Kitchen
4.96m x 3.19m - 16'3” x 10'6”
Bathroom
1.98m x 1.76m - 6'6” x 5'9”
Bedroom One
Bedroom Two
Externally
Mortgage calculator
Monthly repayment
£325 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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