Summary - North Ravensworth Street, Sunderland, Tyne and Wear, SR4 SR4 6BD
2 bed 1 bath Semi-Detached
Low-price auction fixer with clear investment potential close to transport and hospitals.
No onward chain; freehold two-bedroom semi-detached house
This two-bedroom semi-detached house in SR4 is a clear investment-for-renovation opportunity. Sold as seen at auction and offered freehold with no onward chain, the property requires full refurbishment and presents scope to add value for a buy-to-let or resale. The enclosed rear garden and uncomplicated 1970s layout make it straightforward to modernise.
Buyers should budget for immediate works: cosmetic overhaul, potential damp/ivy removal and likely repairs to flooring and wallpapered finishes. The sale is by the Modern Method of Auction — successful bidders will pay a non-refundable Reservation Fee (4.5% of purchase price, minimum £6,600) plus a Buyer Information Pack cost of £349. Inspect with a lender if planning mortgage purchase.
Location offers practical advantages: close to local shops, bus links, Sunderland Royal Hospital and several well-rated primary and secondary schools, supporting both rental demand and future resale. The area is a deprived, blue-collar terrace neighbourhood with higher-than-average crime and constrained local market, so consider letting strategy and tenant profile when planning works.
Priced low to reflect condition and sale method, this property suits investors or experienced DIY buyers who can manage renovation costs, auction fees and short completion times. Council tax is very cheap and mobile and broadband connectivity are strong — useful for tenants and future marketing.
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