Offers in region of£49,000

Added > 14 days

1 bedroom apartment for sale

32 Nile Street, City Centre, Sunderland, Tyne and Wear, SR1

Auction

0191 563 0810

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Apartment

1 bed

1 bath

Key information

Tenure: Leasehold | 109 yrs left

Council tax: Band A

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Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Leasehold (109 years remaining)
Tenanted investment
City centre location
Ideal investment
Third floor
Not to be missed

Dowen present this one bedroom third floor apartment is for sale as a going concern and is currently let. The accommodation comprises communal entry hall with lifts to all floors, entrance vestibule, entrance hall, open plan lounge and kitchen, bedroom and shower room all benefiting from double glazing and electric heating. Situated in Sunderland City Centre and within walking distance to shops, bars and cafes. The property is ideally place for Sunderland University and has excellent rail and road links. To be sold with tenant in place for more information or to view call Dowen[use Contact Agent Button]

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Rooms

Ground Floor

Communal Entrance Hall
With secure entry system and lifts to all floors.

Entrance Vestibule
With entrance door and door leading to entrance hall.

Entrance Hall
With access to the open plan lounge & kitchen.

Open Plan Lounge & Kitchen
4.5974m x 3.1242m - 15'1" x 10'3"<br />Fitted with a range of wall and base units, worktops, inset sink, ceramic hob, electric oven, extractor fan, integrated fridge, freezer and washer/dryer. double glazed windows, two electric heaters.

Bedroom
3.1496m x 2.4892m - 10'4" x 8'2"<br />Electric heater.

Shower Room
With walk in shower, wash hand basin, w.c. wall tiling, floor tiling, double glazed window, heated towel rail.

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Places of interest

Dowen - Sunderland

21 Athenaeum Street Sunderland SR1 1DH

0191 563 0810

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What is your home worth?

We are about great customer focused service delivered by a team of people who are passionate about what they doDowen Estate Agents was founded in 1982 by Managing Director Denis Dowen He is still involved in the day to day running of the business Over the years the firm has continued to evolve and now has 8 branches along with 3 bespoke Auction Stores offering coverage of mid North East England from the coast to the A1 corridor Dowen is a full service estate agency offering a wide range of property related services The residential sales department has sold tens of thousands of properties over the years in all price ranges Dowen was a founding member of The Great North Property Auction which has exceeded 2000 sales since inception in 2012 The lettings department has hundreds of homes under management Private surveys and EPC's are provided to both corporate and private clients via a very busy professional survey department Conveyancing at competitive rates is offered via a panel of local solicitors Mortgages can be arranged via our panel of independent mortgage brokers We subscribe to the National Associations of Estate Agents, the Royal Institute of Chartered Surveyors and the Ombudsman For Estate Agents and as such abide by the strict code of good estate agency practice laid down by these organisations

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