Guide price

£40,000

2 bed flat for sale
Edgmond Court, Sunderland SR2

    • 2 beds

    • 1 bath

    • 1 reception

Just added
Chain free
Auction
Leasehold
Added on 21/07/2026

About this property

  • For Sale Via Auction

  • Leasehold

  • Two Bedrooms

  • First Floor

  • Garage

  • No Chain

A spacious two‐bedroom first‐floor flat, offered for sale via auction and available with no onward chain. This well‐proportioned home is ideal for investors seeking a strong rental return, with a previous rental income of £650pcm and excellent yield potential. The accommodation comprises an entrance hall with stairs leading to the first floor, a generous lounge, fitted kitchen, bathroom, and two double bedrooms, both benefiting from built‐in storage. Externally, the property features a lawned area to the front, a garage situated in a nearby block, and additional street parking. Further benefits include double glazing and gas central heating. Positioned within a popular cul‐de‐sac, the flat enjoys close proximity to local amenities and convenient transport links, making it an attractive option for both investors and first‐time buyers.

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

Lounge

3.83m x 3.7m - 12'7” x 12'2”

Kitchen

1.95m x 2.68m - 6'5” x 8'10”

Bedroom One

3.82m x 2.99m - 12'6” x 9'10”

Bedroom Two

2.01m x 3m - 6'7” x 9'10”

Bathroom

2m x 1.94m - 6'7” x 6'4”

Externally

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Monthly repayment

£200 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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