No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers over£30,000
Reduced < 14 days

2 bedroom flat for sale

Sunderland SR4
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Auction
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Flat
2 bed
1 bath
EPC rating: E*
871 sq ft / 81 sq m

Key information

Tenure: Leasehold | 999 yrs left
Ground rent: £2.75 per annum | review period: unconfirmed
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (999 years remaining)
  • Exciting Project
  • Fireplace
  • For sale by Auction
  • Integrated Appliances
  • Investment Potential
  • On Street Parking
  • Prime Location
Welcome to Ferndale Terrace. This property is a two-bedroom, one-bathroom upper flat on Ferndale Terrace. Keep reading to find out what makes this property unique!

Exciting Project:

This property is bright and spacious. With some TLC, this could become a running rental property, a little bit of money and time spent upfront could lead to a profitable and long-standing investment.

Popular Location:

This property enjoys a prime location with easy access to essential amenities as well as being only an 8-minute drive from the Bridges Shopping Centre. It is also only a 5-minute walk to Pallion Metro Station. Its convenient position ensures the property will always attract tenants.

Investment Potential:

With its location and features, this property presents an appealing investment prospect, easily providing a long-term home for a tenant while bringing in a good rental yield.

As you head upstairs you are greeted by a corner kitchen that features checkerboard back-splash tiles. This kitchen includes integrated appliances such as an oven and a hob and there is also space attached to the kitchen, to be used as a dining room or extra reception room. Then as you walk through the property, there is a bright living room, that features a traditional fireplace.

This property has two bedrooms, one double bedroom which includes a build in storage cupboard, and one single bedroom. You also have one family bathroom, complete with a bath and detachable shower head.

Externally you have on street parking to the front of the property as well as an enclosed shared yard to the rear of the house.

This house is located near many local amenities in the popular area of Pallion.

Early viewing is highly 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 buyer will pay £300.00 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.

Council Tax Band: A (Sunderland City Council)
Tenure: Leasehold (999 years)
Ground Rent: £2.75 per year
Service Charge: £0 per year
Tyneside Lease
999 Years from 12/05/1981

Property information from this agent

Places of interest

    Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free! An estate agent will traditionally value your property and sell it to the first person who offers something close to the asking price and then manage the sale smoothly to completion... Sounds okay right? It is, but we think our main job is to maximise the price we can get for you, why? - If you were selling anything else, would you sell it for less than it's worth? - It's the easiest way to get a life-changing amount of money, all tax-free. - It could be the difference between you getting your dream home or having to wait. - If you're looking to retire, every extra £1,000 counts. Whatever the reason, we take maximising your return incredibly seriously. Our mission is to generate long-term wealth for our customers, and this is your biggest opportunity to do so. That's why we prefer a modern way of selling: Within 7 days of your property being listed, we will launch it by: - Advertising it on the major portals to generate interest. - Sharing your property on our social media platforms. - Sending it to our 5,000-strong database of potential buyers. - Within a week of the launch, we will organise a block viewing. We believe that valuing your property competitively and launching it in this way allows us to maximise interest. By doing so it allows us to organise a block viewing which will mean: - You'll only have to clean your house once. - You will sell your house more quickly. - It will create urgency amongst the interested buyers by having them view together. - By creating competition, it also means that those interested have to react much faster and increase the likelihood of multiple offers being received. - We can then use those multiple offers to extract the best price for you either through best and final offers or by negotiating upwards. This is your ideal position to be in! It's our job to get you the best price for your property to allow you to get your dream home, a bigger pension pot, or just some extra money in the bank. Whatever the reason it's our job to NEVER GIVE UP and help you achieve it. We also sell investment properties through our 10,000-strong investor database who are looking to buy either empty or ideally tenanted properties. Our investors generally love tenanted properties so they can get rent from day 1 so if you're struggling to sell or want to sell with a tenant in situ, to avoid the property becoming empty, let us know and we will be able to help.

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    *DISCLAIMER

    Property reference RS0340. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by NGU Homes - Gateshead Sales.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on April 8, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on April 8, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on August 3, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.