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Property Description

FOR SALE BY WAY OF ONLINE AUCTION - ON 10TH OF DECEMBER 2026. Terms and Conditions apply. See Agents Property Auctions Website for full details. www.agentspropertyauction.com

An opportunity to acquire an attractive two storey detached building currently providing garages with storage over. The building requires substantial repair and refurbishment and could possibly offer a development opportunity or alternatively could remain in it's current use for a local resident. The Avenue is an established residential area of Ashbrooke, Sunderland, well located close to local facilities. Offered for sale by auction, this building presents an interesting prospect for a developer/investor or local resident.

DevelopmentIt would appear that the last known use was as as garages and storage. It could potentially continue in that use or perhaps would lend itself to some form of residential or commercial development. We have made no enquiries with the local authority and any alternative use would of course be subject to the buyer obtaining all necessary consents, including planning permission. Prospective buyers must make their own enquiries regarding all necessary consents prior to making a bid.

AccommodationThe building provides ground and first floor accommodation with two garage doors to the rear lanes between The Avenue and The Elms. We have not measured internally and are advised that the vendors have not inspected the building. Prospective buyers must satisfy themselves regarding the accommodation.

ConditionThe building appears to have been vacant for some time and will possibly therefore require repair and refurbishment before any future occupation. We have not carried out an inspection of the condition and buyers must satisfy themselves as to what works may be required prior to bidding.

AuctionEach auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a andpound;2000.00+VAT (total andpound;2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel: 01661 831 360

TenureWe are advised that the property will be sold upon a Freehold basis. Buyers must satisfy themselves by obtaining the legal pack before bidding.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

Material InformationThe information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

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Location

Further Details

  • New Listing: Launched in the last 10 days
  • Status: Available
  • Tenure: Freehold
  • Tags: Development Opportunity, Freehold, Garage
  • Reference: 487009

Stamp duty due

Based on a sale price of £22,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.