Cairo Street, Hendon, Sunderland, Tyne and Wear, SR2 8QH

Pattinson Estate Agents are delighted to welcome to the market this mid-terrace cottage style property, ideally located on Cairo Street, Hendon, within the popular SR2 area of Sunderland.

Offered for sale via online auction, this residential property presents an exceptional, hassle-free addition to any buy-to-let portfolio.

The property delivers an immediate income stream from day one, being sold with a reliable tenant in situ currently paying £600 per calendar month.

Situated on Cairo Street, this provides an ideal, hands-off investment opportunity for both seasoned landlords and first-time investors looking for a secure sale with fixed completion timelines.

The location offers excellent convenience for residents, featuring fantastic access to local amenities, nearby schools, and superb transport links into Sunderland City Centre.

Commuters will benefit from local bus routes and nearby rail links, ensuring effortless travel across the wider region.

Additionally, essential local shops, major supermarkets, and the open green spaces of nearby Backhouse Park are all easily accessible, making this a highly practical and desirable area for tenants.

Internally, the accommodation typically features versatile, traditional layouts which comprise a bright living space, a functional kitchen with ample storage, and comfortable bedroom accommodation.

Externally, the property benefits from an enclosed rear yard, adding further appeal to the rental market. Early viewing is highly recommended.

Please contact our Sunderland branch to arrange an appointment or to request access to the auction legal pack.

Council Tax Band: A Tenure: Freehold Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this 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.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.