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2 bedroom penthouse for sale
West Wear Street, SUNDERLAND
£55,000
West Wear Street, SUNDERLAND
£55,000
Our Summary
- SUMMARYAUCTION SALE 20 May 2025 - Long Leasehold tenth floor riverside duplex pent house apartment (approx
- AUCTION SALE
Description
This is a unique opportunity to purchase a long leasehold tenth floor riverside duplex penthouse apartment, boasting stunning river views and a balcony. The property spans approximately 1,242 square feet and features two bedrooms, a bathroom, and an ensuite shower room on the upper floor, with a reception room and kitchen on the lower floor. The apartment also comes with a parking space and is situated on the fringes of Sunderland's city center, with easy access to local transport links and amenities. The property is currently let on a 12-month Assured Shorthold Tenancy agreement at a rent of £1,000 per month, with a rent reserved of £12,000 per annum. The leasehold is held for a term of 125 years from 2004, with a ground rent of £389 per annum. The guide price for this unique property is £200,000, and a contract documentation fee of £1,500 is payable to Barnard Marcus Auctions by the buyer.