Terraced House
Spacious and desirable two bedroom family home on the sought after Allendale Road, Farringdon.
The property boasts UPVC double glazing and gas central heating throughout, and briefly comprises of hallway, spacious lounge, kitchen, staircase to two good sized bedrooms and family bathroom. To. the front lies a lawned garden and side access to the rear. To the rear, the property benefits from a large and enclosed lawned garden.
As this property is located in the stunning city of Sunderland it benefits from excellent transport links, nearby schools as well as plenty of outings available. These include exclusive restaurants such as The Scullery or even Signatures Italian and Grill. There are also nearby leisure activities such as Roker and Seaburn Beach as well as the Washington Old Hall which are all ideal for a day out.
The property is currently let producing an income of £500 pcm.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
