A long leasehold tenth floor riverside duplex penthouse apartment is being sold at auction on June 24, 2025. The property has approximately 1,337 square feet of living space and offers stunning river views, a balcony, and a parking space. The apartment is located on the fringe of Sunderland's city center and is close to public transportation links, including buses, trains, and the Metro. The property is currently let on an Assured Shorthold Tenancy agreement at a rent of £990 per month, with a rent reserved of £11,800 per year. The property is held on a long lease for a term of 125 years from 2004, with a ground rent of £389 per year that increases every 25 years. The guide price for the property is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set.