Lot 41 - 6 Trotter Terrace, Ryhope, Sunderland, Tyne and Wear, SR2 0LA
- Unconditional Online Auction Sale
- Guide Price* : £45,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Two bedroom terraced cottage
Description
- Two bedroom single-storey terraced cottage
- Fantastic renovation opportunity with scope to add value
- Entrance hallway, lounge, kitchen, bathroom and two bedrooms
- In need of modernisation throughout
- Enclosed front and rear yards
- Established residential location
A fantastic opportunity to acquire a two-bedroom, single-storey terraced cottage, offered for sale with vacant possession and presenting an exciting renovation project with considerable scope to add value.
The accommodation is arranged on one level and briefly comprises an entrance hallway, lounge, kitchen, bathroom and two bedrooms. The property is currently in basic, dated condition throughout and requires a programme of refurbishment and modernisation, making it ideal for a purchaser looking to undertake a comprehensive renovation. Externally, the property benefits from an enclosed gravelled front garden, with a paved pathway leading directly to the entrance. To the rear, there is a fenced and enclosed concrete yard, offering further potential for improvement and landscaping to create an attractive outdoor space.
Situated within the established residential area of Ryhope, the property is conveniently positioned for access to a range of local amenities, including neighbourhood shops, supermarkets and everyday services. The surrounding area benefits from local bus links, providing connections towards Sunderland city centre and neighbouring areas. Sunderland itself offers a wider selection of shopping, leisure and recreational facilities, together with transport links to the surrounding region.
Offering an excellent opportunity for investors, builders, developers or buyers looking for their next project, this property has the potential to be completely transformed through refurbishment. With its manageable single storey layout, two bedroom accommodation and enclosed outdoor space, it represents an exciting prospect for anyone looking to take on a renovation project and create something to their own specification.
ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.
The site is situated within a sustainable location near Leyburn’s amenities and residential areas which enhances its prospects.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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