Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Vigeo Property - Sunderland Phone: 0191 723 0774
FOR SALE BY MODERN METHOD OF AUCTION T'S & C'S APPLY<br/>Situated in the TS1 area, this two-bedroom terrace house on Portman Street presents an excellent opportunity for investors looking to add to their portfolio being sold with Vacant Possession.<br/>This freehold property boasts a practical layout comprising of one large through reception rooms, a well-appointed galley style kitchen, a shower room and two good sized bedrooms to the first floor.<br/>The accommodation is thoughtfully arranged to maximise space and natural light, creating a comfortable living environment. Positioned in a convenient location, this property is ideal for those seeking a residence with strong rental potential or a cosy family home. Requires some updating.<br/>With an EPC rating of D, the property benefits from gas central heating and upvc glazing, this end terrace house represents a promising investment in a popular neighbourhood. Early viewing is highly recommended.<br/><br/><b>Auction Bullet Points</b> - • For Sale by Traditional Auction – T & Cs apply.<br/>• Subject to a hidden Reserve Price<br/>• Buyers’ Fees apply.<br/>• 10% deposit payable <br/>• Buyer Information Pack available<br/><br/><b>Auctioneers Comments</b> - 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).<br/>If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.<br/>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.<br/>The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% 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.<br/>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional<br/><br/><b>Contact Us</b> - Via [use Contact Agent Button]<br/><br/>Via Telephone:[use Contact Agent Button]<br/><br/>Monday to Friday 9:00 am to 5:00 pm<br/><br/><b>Disclaimer - Important</b> - •Vigeo Property Hub Ltd do not give Financial or Legal advice. Any information or communication should not be construed as such.<br/>•Vigeo Property Hub Ltd cannot be held responsible for any losses incurred or failure of the client to take professional and legal advice.<br/>•Please note due to the nature of our instructions the description and photographs are for guidance only. Therefore it is very important that you seek professional advice from a surveyor, solicitor and accountants etc before proceeding.<br/>•Vigeo Property Hub Ltd can provide a personalised site visit if required.<br/>•Vigeo Property Hub Ltd do not test any equipment or carry out building surveys at the property and are unable to give any warranty as to the condition and working order of appliances, heating systems, electrics or construction.<br/>•The information provided in the sales sheet is for general guidance only. All figures are approximate and provisional. Condition/furnishings may be subject to change.<br/> All information are the findings of our due diligence. Please make sure you complete your own due diligence to satisfy your needs<br/>•Vigeo Property Hub Ltd cannot guarantee rental incomes, future valuations or post-sales values. Property values can fall as well as rise, rental incomes can decrease and void periods can occur.<br/><br/><b>Disclaimer - Refurbishment Estimate</b> - All refurbishment cost estimates provided by Vigeo Property Hub Ltd (“VPH”) are given in good faith, based on the information available at the time of preparation.<br/>Indicative Only – Estimates are intended for budgeting and planning purposes only. They do not constitute a fixed quotation or binding offer from VPH or any contractor.<br/>Third-Party Costs – Where estimates are based on third-party contractor pricing, VPH accepts no liability for changes in those costs or the quality of any third-party work.<br/>Market Fluctuations – Labour, materials, and professional fees are subject to change without notice due to market conditions, availability, and other external factors.<br/>Site Conditions – Final costs may vary following detailed inspection, surveys, or discovery of issues not visible at the time of estimation (e.g., structural defects, asbestos, damp, electrical issues).<br/>Due Diligence – Members/clients are responsible for obtaining independent professional advice, detailed contractor quotations, and all necessary statutory approvals (e.g., planning permission, building regulations) before commencing works.<br/><br/>No Warranty or Guarantee – VPH does not warrant that works can be completed for the estimated amount and will not be held liable for any loss, delay, or additional costs arising from reliance on the estimate.<br/><br/>By accepting a refurbishment estimate from VPH, the recipient acknowledges and agrees to these terms.<br/><br/><b>Property Redress Scheme</b> - Vigeo Property Hub Ltd are members of the Property Redress Scheme and subscribe to Property Redress Scheme Code of Practice<br/><br/>
