Two-Bedroom Third Floor Apartment

Comprises a two-bedroom apartment, situated on the third floor. The property is being sold on behalf of the receivers. Accommodation The property provides the following accommodation: Entrance hall, open plan lounge/kitchen, two bedrooms, en-suite shower room, one bathroom. The property also benefits from an elevator system and a balcony with a river view. We have taken the Total Floor Area from the Energy Performance Certificate (EPC) as follows: Total Floor Area: 78 sq m (840 sq ft) Location The property is situated in Sunderland, approximately 0.25 miles from Sunderland city centre and is in close proximity to local amenities including shops, parks and supermarkets. Excellent transport links can be located at Park Lane Interchange, (positioned approximately 0.5 miles away) which provides local bus and metro links around the city. Sunderland Train Station is also located approximately 0.25 miles from the premises. Leasehold – 125 years (less one day) from 1st February 2004. We have been advised by the management company that they have implemented a Walking Watch System as cladding panels at the top of the building have been tested and are potentially flammable. The Man Co advise the risk has been deemed insignificant but they have set this up for the sake of good order. They are looking to into replacing these panels and have said there will be no costs to leaseholders in relation to the walking watch. We do not have a EWS1 form. Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ 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

Tenure: Leasehold Title number: TY461059 Length of Lease/Term: 125 years (less one day) from 1st February 2004. (2021 – 2022) Ground Rent: £388 (2021 – 2022) Service Charge: £3,080 Council Tax Band: D

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Sunderland City Council

Solicitors

DWF (Northern Ireland), 42 Queen Street, Ref: DWF (Northern Ireland), Tel: 0333 320 2220

Offered in association with

Spicerhaart

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No fee applicable.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.