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£100,000
84 Castle View, Sunderland, Tyne and Wear, SR5 3AL
- 3 beds
£100,000
- 3 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£457 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,000
Property listed by:
Connect UK Auctions
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DESCRIPTION:
Freehold Mixed Use Premises. Fully Let. Currently generating a combined rental income of circa £14,760 per annum, producing a gross yield of circa 14.76%.
ACCOMMODATION:
Ground floor: Commercial Premises on lease producing £4,800 per annum.
Studio Flat on AST producing £4,560 per annum.
First Floor: 2 Bedroom Apartment on AST producing £5,400 per annum.
Outside: Rear yard with off street parking. LOCATION: Sunderland is a port city in Northern England. It is the City of Sunderland's administrative centre, within the Metropolitan county of Tyne and Wear, the Historic County of Durham, and the North East Combined Authority area. The city is 10 miles from Newcastle-upon-Tyne and is on the River Wear's mouth to the North Sea. The river also flows through Durham city roughly 12 miles south-west of the city's centre. VIEWING: By appointment only. TENURE: Freehold AUCTION DATE: Connect Realtime® Plus commencing at 11am Tuesday 15th November.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change. UNCONDITIONAL LOT: Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Studio Flat on AST producing £4,560 per annum.
First Floor: 2 Bedroom Apartment on AST producing £5,400 per annum.
Outside: Rear yard with off street parking. LOCATION: Sunderland is a port city in Northern England. It is the City of Sunderland's administrative centre, within the Metropolitan county of Tyne and Wear, the Historic County of Durham, and the North East Combined Authority area. The city is 10 miles from Newcastle-upon-Tyne and is on the River Wear's mouth to the North Sea. The river also flows through Durham city roughly 12 miles south-west of the city's centre. VIEWING: By appointment only. TENURE: Freehold AUCTION DATE: Connect Realtime® Plus commencing at 11am Tuesday 15th November.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change. UNCONDITIONAL LOT: Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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Property details
£100,000
3 bed house for sale
84 Castle View, Sunderland, Tyne and Wear, SR5 3AL
DESCRIPTION:
Freehold Mixed Use Premises. Fully Let. Currently generating a combined rental income of circa £14,760 per annum, producing a gross yield of circa 14.76%.
ACCOMMODATION:
Ground floor: Commercial Premises on lease producing £4,800 per annum.
Studio Flat on AST producing £4,560 per annum.
First Floor: 2 Bedroom Apartment on AST producing £5,400 per annum.
Outside: Rear yard with off street parking. LOCATION: Sunderland is a port city in Northern England. It is the City of Sunderland's administrative centre, within the Metropolitan county of Tyne and Wear, the Historic County of Durham, and the North East Combined Authority area. The city is 10 miles from Newcastle-upon-Tyne and is on the River Wear's mouth to the North Sea. The river also flows through Durham city roughly 12 miles south-west of the city's centre. VIEWING: By appointment only. TENURE: Freehold AUCTION DATE: Connect Realtime® Plus commencing at 11am Tuesday 15th November.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change. UNCONDITIONAL LOT: Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Studio Flat on AST producing £4,560 per annum.
First Floor: 2 Bedroom Apartment on AST producing £5,400 per annum.
Outside: Rear yard with off street parking. LOCATION: Sunderland is a port city in Northern England. It is the City of Sunderland's administrative centre, within the Metropolitan county of Tyne and Wear, the Historic County of Durham, and the North East Combined Authority area. The city is 10 miles from Newcastle-upon-Tyne and is on the River Wear's mouth to the North Sea. The river also flows through Durham city roughly 12 miles south-west of the city's centre. VIEWING: By appointment only. TENURE: Freehold AUCTION DATE: Connect Realtime® Plus commencing at 11am Tuesday 15th November.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change. UNCONDITIONAL LOT: Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).