Summary - Rennie Road, Sunderland, SR5 SR5 5EJ
6 bed 3 bath Detached
Auction lot for investors and renovators in need of fast completion.
Six bedrooms and three reception rooms across 1,842 sqft
This six-bedroom detached house on Rennie Road is a clear renovation opportunity for cash buyers and developers. The property offers three reception rooms, a kitchen with utility, downstairs WC, separate shower room, and two further WCs across an average-sized 1,842 sqft footprint with a decent private garden and freehold tenure. Broadband and mobile signal are strong; there is no flood risk.
The house requires modernisation throughout: dated fixtures, an EPC rating of D, and double glazing installed before 2002. The property is sold at unconditional online auction with immediate exchange and completion required within 15 business days. A non-refundable buyer premium (2.4% inc VAT, minimum £3,000) plus a 5% deposit (minimum £3,000) are payable on purchase—these additional costs should be factored into any offer.
Situated in an area with above-average crime and high local deprivation, the location suits investors targeting refurbishment for rental or resale rather than buyers seeking move-in-ready comfort. Local schools include several rated Good and one Outstanding primary, which may support family rental demand. Council Tax is very low (Band A), reducing holding costs during works.
Buyers should review the legal pack and auction special conditions carefully before bidding. The combination of six bedrooms, multiple reception rooms and a sizable plot creates scope for reconfiguration or conversion to multiple lets, subject to planning and compliance. Expect renovation costs to bring heating, electrics, and bathrooms up to modern standards.
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