Lot 8 - 40A General Graham Street, Sunderland, Tyne and Wear, SR4 7HN
- Unconditional Online Auction Sale
- Guide Price* : £57,500
- Mid Terraced House
- Two Bedrooms
- Double glazing and central heating
- Convenient location
- Sold with tenant insitu - £500pcm
ON BEHALF OF LPA RECEIVERS: Two bedroom mid terraced house Let at £500pcm.
Description
A residential investment comprising a two bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is sold with a tenant insitu producing an annual equivalent rent of £6,000.
Location
The property is conveniently situated in the popular residential area of High Barnes and ideally placed for a range of amenities, shops, schools and Sunderland Royal Hospital. The property has excellent transport links to Sunderland City centre, A19, A690 and wider road networks.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Kitchen and Lounge
First Floor: Two Bedrooms and Bathroom/W.C
Outside
Rear yard.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 16th November 2016 at a current rent of £500pcm.
EPC
Energy Performance Asset Rating - D
Council Tax Band
B
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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