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Being sold via Secure Sale online bidding. Terms & Conditions
apply. Starting Bid £82,500
The property is located on Morgan Street in Southwick,
Sunderland and comprises of a 4 bed HMO.
Morgan Street offers a convenient location for access to
Sunderland City Centre, local shops, amenities and good transport
links.
Internally the property briefly comprises of Entrance Hall, Room
1, Room 2, Kitchen, First Floor, Bathroom, Room 3, Room. Externally
there is a side yard.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing
agent on this online auction sale and are referred to below as ‘The
Auctioneer‘.
This auction lot is being sold either under conditional Modern
or unconditional Traditional auction terms and overseen by the
auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment
only via the Marketing Agent or The Auctioneer. Bids can be made
via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject
property will require your details being shared between both any
marketing agent and The Auctioneer in order that all matters can be
dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The
Auctioneer, all bidders buyers will be required to adhere to a
verification of identity process in accordance with Anti Money
Laundering procedures. Bids can be submitted at any time and from
anywhere.
Our verification process is in place to ensure that AML
procedure are carried out in accordance with the law.
A Legal Pack associated with this particular
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 of the property. The deposit will be a contribution
to the purchase price. A non refundable reservation fee of up to 6%
inc VAT subject to a minimum of 6,000 inc VAT is also required to
be paid upon agreement of sale. The Reservation Fee is in addition
to the agreed purchase price and consideration should be made by
the purchaser in relation to any Stamp Duty Land Tax liability
associated with overall purchase costs.
EPC Rating E
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