Lot 1 - 10 The Limes, Sunderland, Tyne and Wear, SR2 7BP
- Unconditional Online Auction Sale
- Guide Price* : £29,000
- First Floor Flat
- One Bedroom
- Communal Laundry Room
- Investment Property Let at £425pcm
ON BEHALF OF LPA RECEIVERS: One bedroom first floor flat Let at £425pcm.
Description
A residential investment comprising a one bedroom first floor flat which is Let at £5,100 per annum. There is a communal Laundry Room on the ground floor of the building.
Location
The property is conveniently positioned for access to the city centre and an extensive range of local amenities. There are also excellent transport facilities nearby providing access to surrounding areas.
Tenure
The property is held Leasehold for a term of 125 years from the 24th March 1992. The current service charge is £808.32 per annum.
Accommodation
Open Plan Lounge/Kitchen, Bedroom and Bathroom/W.C
Outside
Off street parking - not allocated.
Tenancies
The property is currently Let at a rent of £425pcm. The Receivers have not had sight of any tenancy agreement.
EPC
Energy Performance Asset Rating - C
Council Tax Band
A
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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