A residential investment comprising a two bedroom first floor flat within a mid terraced building benefiting from double glazing and central heating (not tested). The property is Let at £5,100 per annum.
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.
The property is held Leasehold for a term of 99 years from the 15th January 2008, together with the Freehold title of No 28A.
We have not carried out an internal inspection of the property and have assumed the accommodation comprises the following (Interested parties must satisfy themselves in this regard):
Two Bedrooms, Living Room, Kitchen and Bathroom/W.C
The property is Let at a rent of £425pcm. We have been advised that this is on a 10 year Lease however the Receivers have not had sight of the agreement.
Energy Performance Asset Rating - D
A
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.
Please see below for scheduled viewing dates. It is important that you book on to let us know you will be in attendance. Any changes to timings or cancellations will be communicated via email. If no dates are shown, or you wish to request an alternative date, please complete the web enquiry form, or give us a call.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.