Lot 16 - 51 Centenary Avenue, South Shields, Tyne And Wear, NE34 6PH

  • Unconditional Online Auction Sale
  • Guide Price* : £60,000

Addendum

We have been verbally advised by the tenant that they have a lifetime tenancy, however, no supporting documentation/evidence has been provided and interested parties would need to satisfy themselves in this regard. The rent was increased in February 2024 to £550pcm - please refer to the rent statement within the legal pack for further details.

  • Semi Detached House
  • Three Bedrooms
  • Double glazing and central heating
  • Investment property Let at £550pcm

ON BEHALF OF LPA RECEIVERS: Three bedroom semi detached house which is Let at £550pcm.

Description

A residential investment comprising a three bedroom semi detached house benefiting from double glazing and central heating (not tested). The property is currently Let at £6,600 per annum.

Location

The property is situated close to a range of schools and within walking distance to local amenities, excellent local transport links to surrounding area's including Metro links to Newcastle City Centre and connections to Sunderland City Centre.

Tenure

The property is held Freehold.

Accommodation

Ground Floor: Hall, Lounge, Kitchen, W.C and Bathroom
First Floor: Three Bedrooms

Outside

Gardens front and rear.

Tenancies

The Receivers do not have a copy of the Tenancy Agreement. The rent was increased in February 2024 to £550pcm.

EPC

Energy Performance Asset Rating - D.

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Documents

Office Contact

Kate Lay
0161 967 0122
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