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159, St Leonard Street, SUNDERLAND, Tyne and Wear, SR2 8QB

12th March 2019
starts 10:00 AM at Grand Connaught Rooms
sold for

Tenure: Freehold

By order of the LPA Receivers
Freehold mid terrace bungalow
Investment rent reserved £5,200 per annum

St Leonard’s Street is located between Ashby Street and Fuller Road to the south of Sunderland city centre. Transport links include local bus routes and Sunderland Mainline Rail Station together with Sunderland metro station providing links also Newcastle city centre. Shopping amenities can be found
within Sunderland city centre or more locally within Hendon and recreational purists can be found along the coastline to the east.

The property was not inspected by Barnard Marcus Auctions but is understood to comprise a two bedroom bungalow.

EPC rating: D

Let on a tenancy rent (being updated for 12 months) at a rent of £5,200 pa.

Rent reserved
£5,200 per annum

Important Notice:
For each Lot, a contract documentation fee of £1,150 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. 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.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 14th March 2019 at 12:03 PM