Guide price
£10,000
2 bed flat for sale
Sledmere Close, Peterlee SR8Auction
Leasehold
2 beds
1 bath
1 reception
EPC Rating: D
Key information
Tenure
Leasehold (86 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Property Type: First-floor flat in a four-unit building
Sale Method: Auction sale, property sold as-is
Current Condition: Requires modernization and refurbishments
Possession: Vacant and available for immediate possession post-purchase
Unique Selling Point: Opportunity for customization and modern upgrades, perfect for an investor with a vision for transformation
Flexible Viewings Available
Investor Special: A Renovation Opportunity Awaits
Presenting a first-floor flat, ripe for refurbishment and ready to be transformed into a modern marvel. This property is one of four in a building, being sold as-is via auction. It's vacant, so you can immediately start construction after purchase. Excellent for an investor wanting to make some £!
First Floor
Entrance
Upon entering, you'll find a compact space, currently featuring laminate flooring and a storage cupboard, ideal for your renovation ideas.
Lounge
The lounge space, though in need of a new window, boasts a solid foundation with plumbing flooring and a radiator. It's a blank canvas, just waiting for an investor's touch!
Kitchen
The kitchen comes with basic wall and base units, wood effect flooring, and additional storage areas. It's a space with great potential for a stylish update.
Bathroom
The bathroom houses a standard white suite equipped with a sink, W/C, and bath. It also features flooring, a radiator, and a frosted window for privacy. It's a perfect candidate for a modern makeover.
Bedroom 1
Bedroom 1 and Bedroom 2, both featuring laminate flooring, radiators, and windows, offer you a chance to create comfy and cozy retreats.
Bedroom 2
Bedroom 1 and Bedroom 2, both featuring laminate flooring, radiators, and windows, offer you a chance to create comfy and cozy retreats.
Summary
In essence, this property is a renovator's dream: A chance to recreate and increase value. Don't miss this opportunity to invest and innovate!
Service charge: £146.06 per month
Auction Terms
Auctioneer Comments
This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer
pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties’ personal data will be shared
with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
More information
Listed by
PH Estate Agents - Teesside
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