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Manchester 0161 967 0122
29th July 2020 Auction
Lot Number - 1
SOLD PRIOR TO AUCTION
£95,000 Guide Price (plus fees)

7 Esplanade West
Sunderland
Tyne And Wear
SR2 7BG

ON BEHALF OF RECEIVERS - Three self contained two bedroom flats all vacant and with a potential ERV of £16,920 per annum

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  • Three self contained two bedroom Flats

  • Converted mid terrace house

  • Potential ERV £16,920 per annum

  • Established area for rented accommodation

  • 0.5 mile from city centre

Description

The property comprises a substantial vacant two storey mid terraced house, which has been extended to the rear by way of a single storey extension. It has been converted to provide three self contained two bedroom flats, across the ground, first and attic floors. They are accessed via a communal hallway and staircase. The property has a potential ERV of £16,920 per annum.

Location

Approximately 0.5 miles from the city centre in an established area for rental accommodation. The property is positioned on Esplanade West, a row of large terraced houses fronting the A1231, the main ring round. The A19 is located 4 miles to the west and junction 64 of the A1(M) lies 9 miles to the north west. Sunderland Railway Station is located less than a mile from the property and provides links to Newcastle and the wider rail network.

Accommodation

Flat A: Ground Floor - large kitchen/lounge, two double bedrooms and a bathroom.
Flat B: First Floor - Lounge/kitchen, two double bedrooms and a bathroom.
Flat C : Attic - Lounge/kitchen, two double bedrooms and a bathroom.

We detail the following approximate areas:

Flat A: 79.75 sq.m (858 sq.ft)
Flat B: 70.96 sq.m (764 sq.ft)
Flat C: 57.11 sq.m (615 sq.ft)

Tenancies


Buyers Administration Fee

There will be a Buyer's Administration Fee of £1,920 inclusive of VAT payable upon exchange of contracts.

Tenure

Freehold.

Outside

Garden to the front, alongside a further garden and yard area to the rear. This area also provides a garage,which is accessed via a roller shutter to a rear lane. There is also parking for two cars, which is also accessed via a roller shutter from the rear.

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.
Photo of Kate Lay

Kate Lay

0161 967 0122

Solicitor

Carly Blake
TLT
0333 006 0699
Carly.Blake@TLTsolicitors.com
Lot 1
£95,000 Guide Price (plus fees)
0161 967 0122
Manchester
0151 242 6754
Liverpool
0207 692 1930
London
Landwood Property Auctions is a trading name of LWA Manchester Limited a company registered in the United Kingdom under company number: 10855915. Registered Office: South Central 11 Peter Street Manchester M2 5QR. A list of directors is available at the registered office. VAT Reg Number: 277177173