5 Swan House, Gray Road, Sunderland, SR2 8JE

Summary **top floor apartment**two bedrooms**modern living area**secure entry system**allocated parking bay**tenant in situ**acheiving 700 pcm** Pattinson Estate agents are excited to welcome to the market this impressive investment opportunity, located in the popular location of Gray Road, Sunderland, which boasts two bedrooms.

Perfectly positioned within easy access of local shops and other amenities, great public transport and major road links via the A19.

Also within walking distance to Ashbrooke School and Sunderland City Centre, as well as being a short commute to Hendon Beach, Sunderland University and Royal Hospital.

This well presented apartment offers spacious and stylish accommodation throughout and briefly comprises:- Secure entry system providing access to the building, apartment entrance hallway, an open plan lounge/kitchen area, two well proportioned bedrooms, one of which has an en-suite and a modern three piece bathroom.

Externally, the property benefits from an allocated parking space, in addition to a number of visitor parking bays.

Early viewing is highly recommended to fully appreciate this investment opportunity . Please contact us to arrange your viewing.

Council Tax Band: B Tenure: Leasehold Length of Lease: 102 Annual Ground Rent Amount: 200.00 Annual Service Charge Amount: 1,250.00 Building Entrance The building entrance benefits from a secure entry system and stairs to each floor.

Apartment Entrance The apartment entrance leading to the hallway, which gives access to lounge, both bedrooms and the family bathroom Lounge (5.40m x 3.46m) Spacious lounge area with carpet flooring, two radiators, and a double glazed front aspect window The lounge also gives open flow access to the kitchen.

Kitchen (1.89m x 3.44m) Modern kitchen benefiting from a range of upper and lower units with contrasting worksurfaces with matching up-stands, a stainless steel sink unit, plumbing for a washing machine and an integrated oven with a gas hob, complete with carpet flooring.

Principal Bedroom (3.71m x 2.98m) Double bedroom with en-suite, carpet flooring, radiator and a double glazed window.

En-Suite (1.69m x 1.73m) Convenient en-suite a shower cubicle, hand wash basin and WC. Vinyl flooring, tiled splash back and a radiator.

Bedroom Two (2.77m x 2.27m) Double bedroom with carpet flooring, radiator and a double glazed window.

Bathroom (1.72m x 2.11m) Three piece bathroom benefiting from a paneled bath, hand wash basin and W.C. Vinyl flooring, partly tiled walls and a radiator.

External Externally there is an allocated parking bay and numerous 'visitor parking' bays. Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.