Lot 9 - 3 Stafford Grove, Ryhope, Sunderland, Tyne and Wear, SR2 0JL

  • Unconditional Online Auction Sale
  • Guide Price* : £70,000
  • Semi Detached House
  • Popular coastal village of Ryhope
  • Investment Property Let at £6,900 per annum

ON BEHALF OF LPA RECEIVERS: Three bedroom semi detached house Let at £575pcm.

Description

*VIDEO TOUR AVAILABLE UPON REQUEST* A residential investment comprising a three bedroom semi detached house which is Let producing an annual equivalent income of £6,900.

Location

The property is located in the popular coastal village of Ryhope close to local schools, amenities and transport links. Sunderland City Centre is approximately 3 miles to the north.

Tenure

The property is held Freehold.

Accommodation

We have not carried out an internal inspection of the property, however, the tenant has advised us the accommodation comprises the following (Interested parties will need to satisfy themselves in this regard):
Ground Floor: Living Room and Kitchen
First Floor: Two Bedrooms and Bathroom
Attic Level: Bedroom

Outside

Driveway, front and rear gardens.

Tenancies

The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 15th January 2021 at an increased rent of £575pcm from the 17th June 2024. The tenant is holding over.

EPC

Energy Performance Asset Rating - E

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,000 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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