Lot 102 - Apartment 26 The Mowbray, Borough Road, Sunderland, Tyne and Wear, SR1 1PS

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1

Modern One Bed City Centre Apartment

Description

A beautifully presented second-floor, one-bedroom duplex apartment offered in fully refurbished condition throughout, making it an ideal purchase for first-time buyers or investors alike.

The property benefits from a bright and spacious open-plan lounge, kitchen and dining area, thoughtfully designed to create a modern living space perfect for both relaxing and entertaining. The contemporary kitchen is fitted with a range of integrated appliances including a cooker, fridge freezer and dishwasher, providing both style and practicality.

The bathroom has also been refurbished to a high standard and features a modern suite comprising a bath with shower over, contemporary fittings and quality finishes.

Stairs from the main living area lead to the generously sized bedroom, which boasts characterful exposed beams, adding charm and individuality to the space while maintaining a cosy and inviting atmosphere.

Presented in excellent condition throughout, this attractive duplex apartment combines modern living with character features and represents a perfect first-time buy.

Located just on the outskirts of Sunderland City Centre, the property enjoys strong transport links, with easy access to Sunderland city centre, the A19, and public transport options. The site is highly visible and accessible, making it suitable for businesses reliant on footfall, commuter traffic, or accessibility to regional hubs.

1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.

Council Tax Band

B

Lease Start Date

05/02/2008

Lease Duration

125 years (106 years unexpired)

Annual Ground Rent

£100

Annual Service Charge

£2,400

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

Louise McMorran
0191 563 4242

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