Next auction Thursday 25th April 2.30PM

32 Gray Road, Sunderland, Tyne and Wear, SR2 8HB



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Guide price

£50,000+


Property Type

Residential

Bedrooms

8


Key Features

  • Freehold property offering 4 x self contained 2 bedroom flats
  • Each flat subject to AST's (details TBC)
  • Ideal opportunity for investors and developers

Part of the 17 April 2019 auction
Nottingham Racecourse at 2.30PM

Freehold substantial end of terrace property with converted rear extension to create four self contained flats

  • Freehold substantial end of terrace property
  • Located circa 1 mile South of Sunderland City Centre
  • Provides 4 x self contained 2 bedroom flats
  • Main building has communal entrance off Gray Road
  • Main building provides 3 x self contained flats
  • Flat 1 at GF, Flat 2 at FF, Flat 3 at SF
  • Flat 4 - to the rear of the building accessed off Salem Hill
  • Flat 4 - self contained ground floor 2 bed flat
  • Each flat subject to AST's (details TBC)
  • Benefits from UPVS windows throughout
  • Ideal opportunity for investors and developers

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to four occupational tenancies of each flat, details to be confirmed

TBC

Email: robert.counsell@tltsolicitors.com
Telephone: 0333 006 0815

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