Lot 19 - 110 Newcastle Road, Sunderland, Tyne and Wear, SR5 1JL
- Unconditional Online Auction Sale
- Guide Price* : £135,000
- Residential investment
- Let at £650 per month
- Semi-detached house
- Three Bedrooms
- Convenient location
ON BEHALF OF LPA RECEIVERS: Three bedroom semi-detached property let at £650 per month.
Description
The property comprises a three bedroom semi-detached property let at £650 per month. To the ground floor, there are two reception rooms although one is currently being used as a bedroom, plus a kitchen and a WC/shower room. To the first floor, there are three bedrooms and a family bathroom.
Location
The subject property is located on Newcastle Road around 1.5 miles to the north of Sunderland City Centre. Newcastle Road is a main A road which leads to Sunderland City Centre.
Tenure
The property is held Leasehold for a term of 999 years from 14th May 1934.
Accommodation
Ground Floor: Two reception rooms (although one is currently being used as a bedroom), kitchen and a WC/shower room.
First Floor: Three bedrooms and a family bathroom.
Outside
Driveway at the front and rear yard.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 22nd May 2012 at a rent of £650pcm. The tenant is currently holding over.
EPC
Energy Performance Asset Rating - D
Council Tax Band
B
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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