Lot 9 - 2F Thornhill Park, Sunderland, Tyne and Wear, SR2 7JZ
- Unconditional Online Auction Sale
- Guide Price* : £40,000
Addendum
SALE POSTPONED UNTIL THE 22ND JULY 2020
SALE POSTPONED - ON BEHALF OF THE RECEIVERS - One bedroom second floor flat let at £400pcm.
Description
A residential investment comprising a one bedroom second floor converted flat benefiting from central heating (not tested) and an allocated car parking space. The property is let at a rent of £400pcm.
Location
Situated in an established area for rented accommodation, on a no through road and less than 0.5 mile to the south of the city centre. Access to local bus routes are conveniently located on Tunstall Road and nearby on Thornholme Road.
Tenure
Leasehold for a term of 125 years from 1st January 2007 at an initial rent of £100 per annum.
Accommodation
Living Room, Kitchen, Bedroom and Bathroom/W.C
Outside
Allocated car parking space to the front of the property.
Tenancies
The property is let at a rent of £400 per month on a periodic monthly tenancy following expiry of an Assured Shorthold Tenancy that expired on 24th February 2020.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £1,920 (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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