Lot 4 - 1 Dalton Place, St. Marks Road, Sunderland, Tyne and Wear, SR4 7EP
- Unconditional Online Auction Sale
- Guide Price* : £45,000
- End Terraced House
- Two Bedrooms
- Located just off Chester Road close to local amenities, University and the Hospital
- Sold with tenant insitu - £425pcm
ON BEHALF OF LPA RECEIVERS: Two bedroom end terraced house Let at £425pcm.
Description
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* A residential investment comprising a two bedroom end terraced house which is being sold with a tenant insitu producing an annual equivalent rent of £5,100.
Location
Dalton Place is located fronting St. Marks Road which is located just off Chester Road, close to all local amenities and transport links leading to Sunderland City Centre, as well as Sunderland Royal Hospital and University.
Tenure
The property is held Leasehold for a term of 99 years from the 1st April 1985. The ground rent is £50 per annum.
Accommodation
We have not carried out an internal inspection of the property and have assumed the accommodation to comprise the following (Interested parties must satisfy themselves in this regard):
Ground Floor: Living Room and Kitchen
First Floor: Two Bedrooms and Bathroom
Outside
Garden to the rear.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 21st January 2021 at a rent of £425pcm.
EPC
Energy Performance Asset Rating - D
Council Tax Band
A
Lease Start Date
01/04/1985
Lease Duration
99 years (59 years unexpired)
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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