Laura Street, Sunderland City Centre , Sunderland, SR1 2QT
Starting Bid: £57,500
Description
BUYERS PREMIUM REQUIRED. For full terms and conditions please contact your local branch on 0845 146 1606.
It is with great pleasure to market for sale via auction this 5 bedroomed victorian terraced house located in Laura Street, Sunderland City Centre. The property does need a little updating however this is reflected in its price.
Accommodation briefly comprises; Hallway, kitchen/dining area, lounge, 5 bedrooms, bathroom and an additional toilet. Externally, there is a rear yard with space to fit a car.
We have been verbally advised that the property is currently let out and generating an income of £640 per calendar month (£7,680 per annum). All tenants are on a AST 6 month tenancy agreement which comes to an end in June 2012.
Property Comprises...
External
Lounge (13' 9" x 12' 5" (4.24 m x 3.81 m))
UPVC double glazed window, coving to ceiling, feature fireplace, radiator
Bedroom 1 (13' 3" x 12' 8" (4.06 m x 3.91 m))
UPVC Double glazed window, radiator,
Kitchen Dining Area (13' 3" x 7' 7" (4.04 m x 2.36 m))
One UPVC double glazed window, one single glazed wooden framed window, radiator, standard sink with mixer tap, plumbed for washer, gas cooker point, property also fitted with wall and base units with door to external rear yard.
Bathroom
UPVC frosted double glazed window, low level wc, shower over panelled bath, pedestal wash hand basin, radiator.
Bedroom 2 (18' 1" x 8' 8" (5.51 m x 2.67 m))
UPVC double glazed window, two radiators, tv point
WC
Additional room with WC
Bedroom 3 (13' 4" x 12' 3" (4.09 m x 3.76 m))
UPVC double glazed window, two radiators, two storage cupboards.
Bedroom 4 (9' 6" x 6' 8" (2.92 m x 2.08 m))
UPVC double glazed window, picture rail, radiator
Bedroom 5 (12' 8" x 9' 6" (3.91 m x 2.92 m))
(unable to gain access at time of valuation)
Buyers Premium
This property is offered for sale subject to any buyer undertaking to pay a premium in addition to the agreed contractual price. A buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) becomes due on acceptance of your offer by the vendor. Buyers premium is paid on a non refundable basis* therefore due consideration should be given by the purchaser to your ability to raise any mortgage or loan that you require to finance your purchase. We also advise you to consider undertaking any structural survey or professional valuation on your behalf before paying the buyers premium. In the event of the purchaser withdrawing for any reason whatsoever from the sale, including defects in the title or issues raised by survey or searches, the buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) will be forfeited. *In the event of the vendor withdrawing from a sale prior to exchange of contracts, the buyers premium will be refunded to the purchaser in full.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.