Lot 10 - 4 Burnville Road South, Sunderland, Tyne and Wear, SR4 7LT
- Unconditional Online Auction Sale
- Guide Price* : £90,000
- Semi Detached House arranged as Two Flats
- 1 x 1 bed flat and 1 x 2 bed flat
- Both Tenanted producing a combined income of £10,800pa
- Convenient location
ON BEHALF OF LPA RECEIVERS: Semi detached house arranged as two flats Let at a combined rent of £900pcm.
Description
A residential investment comprising a semi detached house which has been split into two flats, a one bedroom flat to the ground floor and two bedrooms to the first floor. The property benefits from double glazing and central heating (not tested). Both flats are Let and will be sold with tenants insitu producing an annual combined income of £10,800.
Location
The property is conveniently situated for a range of local amenities with University Metro station in walking distance and Sunderland City Centre within 1 mile.
Tenure
The property is held Freehold.
Accommodation
Ground Floor Flat: Lounge, Bedroom, Kitchen and Bathroom/W.C
First Floor Flat: Kitchen/Lounge, Two Bedrooms and Bathroom/W.C
Outside
Rear yard.
Tenancies
Both flats are Let to Nacro on rolling Assured Shorthold Tenancy agreements at a recently increased rent of £450pcm/£5,400 per annum (combined £900pcm /£10,800 per annum).
EPC
Energy Performance Asset Rating - C
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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