Durham Road, Sunderland, Tyne and Wear, SR2 7PD - Online Auctions

The Property PurpleBricks welcomes to the market a well presented two bedroom split level spacious apartment situated in Mayfair Buildings close to the town centre. The apartment offers an ideal base for city centre living whilst providing a community environment. The first floor apartment offers spacious accommodation comprising of: Secure intercom main entrance, apartment entrance hallway, living room with panoramic windows overlooking the city , well equipped fitted kitchen. Stairs leading down two well proportioned bedrooms with fitted robes and a refitted family wet room with cladded walls and modern white suite. Storage cupboard to hallway . The communal entrance is shared and offers a lift to all floors. Gated secure parking comes with the apartment. A secure roof top garden with seating/ astro turfed lawned area and planting provides a superb private sunny outside living space for residents. This is a great opportunity to acquire an apartment ideal for a first time buyer, investor or retirement looking for secure city centre accommodation close to amenities, university, Royal Hospital and transport links. We are advised that a rental return of approximately £495pcm on these properties is achieved . **Viewing Recommended ** Property ownership information Leasehold info: 99 Years from 16 December 1994 which may affect the ability to purchase the property with a mortgage or lending Ground rent review period: No review period Service charge review period: No review period Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. EPC Rating Current 71/85 Potential Lease Start Date 16/12/1994 Lease Duration 99 years (68 years unexpired) Opening Bid and Reserve Price This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply. Comments Energy Performance Certificate (EPCs) An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.