*** PROPERTY SOLD PRE-AUCTION ***
This property is to be offered for sale by PROPERTY SOLVERS ONLINE CONDITIONAL AUCTION (56-DAY COMPLETION).
Located in the heart of the friendly neighbourhood of Penshaw, this large semi-detached tenanted property benefits from 2 reception rooms, a fully-fitted kitchen / separate utility area, 3 good-sized bedrooms, 3-piece suite bathroom, front garden with off-road parking and a south-facing back garden.
Sold with good tenants who wish to remain in the property, the current owner receives £500 per calendar month (producing a very healthy 10.9% gross yield, based on the guide price).
Enter this property into a spacious reception area and straight ahead is the 152 square foot living room with fireplace and plenty of south-facing incoming light.
Straight ahead, past the staircase, is the fully-fitted 99 square foot kitchen (also accessible via a sliding door in the living room) as well as the 94 square foot dining room with French doors that lead to a wooden platform/staircase into the south-facing garden. There is also an adjoining 84 square foot utility room (accessed via the kitchen).
Upstairs are 3 good-sized bedrooms (60, 96 and 141 sq foot respectively) and a 3-piece suite bathroom - divided by a spacious landing area. Both bedrooms 2 and 3 are south-facing and have built-in wardrobe space.
Living Room = 12.10ft x 12.60ft (3.90m x 3.80m)
Dining Room = 10.20ft x 9.20ft (3.10m x 2.80m)
Kitchen = 10.30ft x 9.60ft (3.12m x 2.90m)
Utility Room = 17.90ft x 4.70ft (5.40m x 1.40m)
Bedroom 1 = 8.40ft x 7.11ft (2.53m x 2.40m)
Bedroom 2 = 12.60ft x 11.20ft (3.80m x 3.40m)
Bedroom 3 = 10.60ft x 9.10ft (3.20m x 3.00m)
Bathroom = 5.48ft x 8.20ft (1.67m x 2.50m)
Gross Internal Floor Area (approx.) = 978 sq ft (90.85 sq m)
The property is within short walking distance from a wide range of amenities including convenience stores, a farm shop, a pharmacy, Barnwell and Herrington Country Parks plus a number of well-reviewed takeaways, restaurants and pubs. Washington and Sunderland are also a reasonably short drive away.
The property is close to the Ofsted-rated 'Good' New Penshaw Academy and Shiney Row Primary School.
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements, preliminary legal pack and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
Viewings available 7 days a week (excluding Christmas and Boxing day).
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Please be aware that if your bid is successful on auction day, a reservation fee is immediately payable.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements, please see the live property listing or contact Property Solvers directly.
2% + VAT (non-refundable) will be due from the winning bidder.