Overview

**** FOR SALE VIA THE GREAT NORTH PROPERTY AUCTION *** *** Starting bid £55,000 *** We are pleased to bring to the market this two bedroom ground floor apartment providing an ideal investment opportunity. The property is situated in the Doxford Park area of Sunderland with good access to Doxford International and the A19, providing an easy commute to Durham, Teeside and Tyneside centres. Benefitting from night storage heating and up vc double glazing. Briefly comprising; hallway, living room, kitchen with fitted units and some appliances, inner hallway, two double bedrooms both of which have fitted wardrobes, shower room/wc with three piece suite. Gardens to rear and single garage in nearby block. For sale via our online auction. Visit our website and click on the auction button to bid online or visit http://thomaswatsonauctions.iam-sold.co.uk/ This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd.

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