Lot 11 - 28A Whitehall Terrace, Sunderland, Tyne and Wear, SR4 7SR
- Unconditional Online Auction Sale
- Guide Price* : £32,250
- Ground Floor Flat
- One Bedroom
- Convenient location
- Investment property - Let at £450pcm.
ON BEHALF OF LPA RECEIVERS: One bedroom ground floor flat Let at £450pcm.
Description
A residential investment comprising a one bedroom ground floor flat within a mid terraced building. The property benefits from double glazing and central heating (not tested) and is currently Let at £5,400 per annum.
Location
The property is located fronting Whitehall Terrace and is ideally situated for easy access to local amenities, shopping facilities, Sunderland Royal Hospital and transport links.
Tenure
The property is held Leasehold for a term of 99 years from 15th January 2008, together with the Freehold title of No 28B.
Accommodation
Lounge, Kitchen, Bedroom, Utility/Study and Bathroom/W.C
Outside
Rear yard.
Tenancies
The property is Let on a 3 year Lease term from the 18th December 2017 at a current rent of £450pcm. The rent was increased in July 2024.
EPC
Energy Performance Asset Rating - C
Council Tax Band
A
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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