Lot 2 - 14 Polworth Square, Sunderland, Tyne and Wear, SR3 1QJ

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000

Addendum

The Receivers are not able to provide a copy AST and there is a rent statement in the Legal Pack.

ON BEHALF OF RECEIVERS: A three bedroom semi detached house located in Plains Farm, let on an AST at a rent of £500 pcm.

Description

A residential investment comprising a three bedroom semi detached house with a garden to the front and benefiting from double glazing and central heating (not tested). The property is let on an AST at a rent of £6,000 per annum.

Location

The property is located in Plains Farm and can be accessed from Durham Road (A690) via Premier Road (B1405). Sunderland City Centre is approximately 2.5 miles away and a number of schools are nearby, together with local amenities.

Accommodation

Ground Floor:
Hallway
Living Room 13'10" x 13'8" (4.24m x 4.18m)
Kitchen 17'5" x 7'11" (5.32m x 2.42m)
Downstairs W.C
Utility Space 8'1" x 8'0" (2.48m x 2.45m)

First Floor:
Landing
Bathroom 6'10" x 8'8" (2.10m x 2.65m)
Bedroom One 17'1" x 9'6" (5.22m x 2.92m)
Bedroom Two 9'6" x 12'0" (2.92m x 3.68m)
Bedroom Three 10'6" x 8'9" (3.22m x 2.68m)

Outside

Garden to the front and smalled paved area at the rear.

Tenancies

The property is let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 21st March 2019 at a rent of £500 pcm (holding over). The Receivers are not able to provide a copy AST and there is a rent statement in the Legal Pack.

EPC

EPC Asset Rating - D

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. 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 £67,250

This auction is now closed.

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Important Documents

Agreement Documents

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