1 bed flat for sale

Gray Road, Sunderland SR2

Summary

Pattinson Estate Agents are delighted to bring to the market this ground-floor flat located in Gray Court, Gray Road, Sunderland, offered for sale via our online auction.
Representing an exceptional opportunity for buy-to-let investors, downsizers, or first-time buyers, this property is situated in a highly convenient area just a short distance from Sunderland City Centre.
Properties in this specific development rarely become available on the open market, and due to the high level of anticipated interest, early enquiries and registration are strongly advised.

The property is positioned on the ground floor of the building and is accessed via a secure, locked communal entrance door that leads directly to the apartment.
The internal accommodation begins with a welcoming entrance hall that connects all primary living spaces.
This comprises a well-proportioned living room, a functional kitchen, a double bedroom, and a fitted bathroom.
The flat is being offered to the market part-furnished, making it an ideal option for those looking for a straightforward move-in or a quick turnaround for tenancy.
Externally, the development benefits from a communal car parking area providing off-street parking for residents.
The location offers excellent access to a wide range of local amenities, neighbourhood shopping, and well-respected educational facilities.
Reliable public transport links are also nearby, ensuring easy commuting across Tyne and Wear.

To find out more details about the auction process or to arrange an internal viewing, please contact our dedicated Sunderland branch team today.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 958
Annual Service Charge Amount: 940.00
Service Charge Review Period: Yearly

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.