Blind Lane
Blind Lane, Sunderland, SR3 1AS
- 2
Key features
Guide Price: *
£45,000
Fees apply
Buyer's fee:£5,400
Legal fee:£1,500
All fees include VAT at 20%
Auction Type:
† Traditional
Opening bid:
£35,000Bid history
0 bidsFor sale by Traditional Online Auction – T&C's apply
Located within the ever-popular New Silksworth, this tenanted property is available to purchase via traditional online auction.
Providing high yield returns with a long-standing tenant in situ, the property is a 2-bed upper flat situated in the heart of thriving and sought after community.
Available with 879 years remaining on the current lease with just peppercorn rent and no service charge, the property presents a turnkey, instant revenue generating investment.
The property is currently tenanted with an AST yielding a gross annual rental income of £5,400 with a long-standing tenant of 7 years, providing a double-digit yield with scope to increase further.
Fully compliant with current EICR and CP-12 certificates, the property boasts a future proof EPC rating of C.
Full Legal Pack available online via The Good Property Auction site or via the Sunderland office.
The accommodation comprises:
Entry and Hallway:
Entry is via secure upvc door, and a carpeted staircase leads to the accommodation on the first floor.
Bathroom:
The large, well-maintained bathroom comprises a large walk-in shower unit, toilet and wash basin.
Open Plan Living Room and Kitchen:
Well proportioned with ample room for large furniture items, this room has been well maintained and is in good order with an abundance of space.
Master Bedroom:
A large master bedroom overlooks the front of the property and is well maintained.
Bedroom 2:
Currently utilised for storage, the second bedroom is well proportioned and spacious.
Heating System:
Newly installed The Gas combi boiler.
For sale by Traditional Online Auction – T&C's apply
Located within the ever-popular New Silksworth, this tenanted property is available to purchase via traditional online auction.
Providing high yield returns with a long-standing tenant in situ, the property is a 2-bed upper flat situated in the heart of thriving and sought after community.
Available with 879 years remaining on the current lease with just peppercorn rent and no service charge, the property presents a turnkey, instant revenue generating investment.
The property is currently tenanted with an AST yielding a gross annual rental income of £5,400 with a long-standing tenant of 7 years, providing a double-digit yield with scope to increase further.
Fully compliant with current EICR and CP-12 certificates, the property boasts a future proof EPC rating of C.
Full Legal Pack available online via The Good Property Auction site or via the Sunderland office.
The accommodation comprises:
Entry and Hallway:
Entry is via secure upvc door, and a carpeted staircase leads to the accommodation on the first floor.
Bathroom:
The large, well-maintained bathroom comprises a large walk-in shower unit, toilet and wash basin.
Open Plan Living Room and Kitchen:
Well proportioned with ample room for large furniture items, this room has been well maintained and is in good order with an abundance of space.
Master Bedroom:
A large master bedroom overlooks the front of the property and is well maintained.
Bedroom 2:
Currently utilised for storage, the second bedroom is well proportioned and spacious.
Heating System:
Newly installed The Gas combi boiler.
Summary
- Auction end
- 28th Jan at 11:00
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- A
Guide Price: *
£45,000
Fees apply
Buyer's fee:£5,400
Legal fee:£1,500
All fees include VAT at 20%
Auction Type:
† Traditional
Opening bid:
£35,000Bid history
0 bidsSummary
- Auction end
- 28th Jan at 11:00
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:
Good Property Auctions - Graham Miller
+447740337934
Sunderland
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Good Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Good Property Auctions . All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
