Lot 2 - 2 Worcester Terrace, Sunderland, Tyne and Wear, SR2 7AR

  • Unconditional Online Auction Sale
  • Guide Price* : £60,000

ON BEHALF OF THE RECEIVERS : Mid terrace house arranged as three self contained flats with a potential ERV of £12,000 per annum.

Description

The property comprises an extended two storey (with attic) mid terrace house which has been converted to provide 3no flats (2no one bedroom and 1no three bedroom flats) having a shared yard accessed by a vehicle roller shutter. The property is currently vacant and has a potential ERV of £12,000 per annum.

Location

The subject is located in Sunderland, approximately 0.5 miles from the City Centre. Sunderland lies circa 15 miles to the south east of Newcastle and 30 miles to the north of Middlesbrough in Tyne and Wear. The property is positioned on Worcester Terrace, which connects to the junction of A690 & A1231 via Thornhill Crescent. The A690 is a main arterial route linking Sunderland city centre to Junction 62 of the A1 (M). It is 0.3 miles from Park Lane underground train station.

Tenure

Freehold.

Accommodation

Flat A: Ground Floor - Entrance Hall, Open Plan Living Room/Kitchen, Bedroom and Bathroom/w.C
Flat B: Ground Floor(Rear) - Open Plan Kitchen/Living Room, Bedroom and Bathroom/W.C
Flat C/Attic : Entrance Hall with staircase, Kitchen, Living Room, Bedroom and Bathroom to the First floor. Hall and Two further Bedrooms to the Attic

We detail the following approximate areas:

Flat A: 34.47 sq.m (371 sq.ft)
Flat B: 30.03 sq.m (323 sq ft)
Flat C: 80.58 sq.m (867 sq ft)

Outside

Externally, to the front elevation between the building and pavement is a small concrete area with dwarf brick wall and a path. To the rear is a paved and gravelled yard accessed from the alley via vehicle roller shutter door.

EPC

Energy Asset Ratings are Flat A - E, Flat b - F and Flat C - D

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1,920 inclusive of 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.

3. Video Tour available upon request.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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Sold for £96,000

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