Online Auction - 7th - 8th October 2024
Two Bedroom Second Floor Flat
Not inspected by Auction House North West but understood to comprise a two-bedroom second floor flat with river views and parking.
Accommodation:
Understood to comprise a communal entrance, main apartment entrance hall, open plan, living room/kitchen, primary bedroom with en-suite, second bedroom and a main bathroom.
The apartment also offers views over the river and benefits from a balcony off the open plan living area.
The total floor area has been taken from the Energy Performance Certificate (EPC) as follows: Total approx. floor arear – 77 sq m
Tenure: Leasehold
Title number: TY462588
Length of Lease/Term: 25 years (less 1 day) from 1 February 2004
Annual rent charge – £14.40
Ground Rent: £100pa
Service Charge 2024: £1,074.60 per quarter in advance
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Location: The property is situated in Sunderland, approximately 0.25 miles from Sunderland city centre and within close proximity to local amenities including shops, parks, and supermarkets.
Park Lane Interchange is approximately 0.5 miles away and Sunderland Train Station is approximately 0.2 miles from the premises.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
EPC Rating: C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1.2% incl VAT of the purchase price, subject to a minimum of £1,200 incl VAT, payable on exchange of contracts.
No fee applicable
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.