2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (88 years remaining)
- Vacant Possession upon completion
- Leasehold - 88 years unexpired
- Investment
The accommodation includes a spacious reception room, kitchen, bathroom, and two bedrooms. With uPVC double glazing and gas central heating, this flat offers comfort and convenience. The lounge measures 19’0 x 14’6, the kitchen 10’6 x 5’9, bedroom 1 11’0 x 11’0, and bedroom 2 10’9 x 10’0.
The leasehold tenure extends 125 years from April 1986, with 88 years remaining. Ground rent is £10 per annum, and the service charge is £1000 per annum. The property is currently vacant, previously generating an income of £5,160.00 per annum.
Located in Washington, a historic town in the City of Sunderland district of Tyne and Wear, this property offers a rich heritage as the ancestral settlement of the Washington family, from which George Washington descended. Situated between Chester-le-Street, Gateshead, and Sunderland, residents can enjoy easy access to various amenities and attractions.
BUYER’S PREMIUM
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s
premium of 2% of the sale price, a minimum of £5,000 + VAT upon exchange of the contract.
When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti-Money Laundering Act.
Don't miss the opportunity to view this fantastic investment property in Washington. Contact us for more details and to arrange a viewing.
Rooms
Lounge
19’0 x 14’6
Kitchen
10’6 x 5’9
Bedroom 1
1 11’0 x 11’0
Bedroom 2
2 10’9 x 10’0
Places of interest
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Property reference 159collinwoodcourt. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Palace Auctions - South Shields.
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Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 6, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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