Lot 7 - 4 Kirkstone Avenue, Sunderland, Tyne and Wear, SR5 1NQ
- Unconditional Online Auction Sale
- Guide Price* : £110,000
Addendum
The Receivers have not been provided with and do not hold a copy of the AST.
- Two Bedroom Semi Detached House
- Popular location close to schools, shops and transport routes
- Garage and Driveway
- Investment Property Let at £6,000 per annum
ON BEHALF OF LPA RECEIVERS: Two bedroom semi detached house which is Let at £6,000 per annum
Description
A residential investment comprising a two bedroom semi detached house which is Let at £500pcm. The property benefits from part double glazing and central heating (not tested).
Location
Kirkstone Avenue can be accessed from Newcastle Road (A1018) via Bartram Street. The property is located in the popular area of Fulwell and is well placed for schools, shops and transport routes.
Tenure
The property is held Leasehold for a term of 999 years from 23rd November 1934.
Accommodation
Ground Floor: Living Room, Kitchen and further Kitchen area
First Floor: Two Bedrooms and Bathroom/W.C
Outside
Driveway and garage to the front. Yard to the rear.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 17th August 2020 at a current rent of £500pcm. The Receivers have not been provided with and do not hold a copy of the AST.
EPC
Energy Performance Asset Rating - E
Lease Start Date
23/11/1934
Lease Duration
999 years (909 years unexpired)
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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