Freehold Ground Rents, Various Addresses, Sunderland, Tyne and Wear, SR5 1SQ

Sold

Sold for

£19,000

Additional Costs / Fees will apply

Create Account / Login to access:

Finance Available

Similar Property to Sell?

Share this Property

Property Details

Location

Description

GROUND RENT PORTFOLIO £256.92 pa - A portfolio of freehold ground rents producing £256.92 pa, secured to 62 houses on a single registered title, located in various areas to the north of Sunderland. The leases are for 999 years from 1933 - 1955 with an average annual ground rent of £4.14

Location

The port City of Sunderland has the second highest populations in the north east and lies some 10 mils to the south east of Newcastle on the mouth of the River Wear. The ground rents are located in various established residential locations to the north of the river in the South Bents and Fulwell districts of the city

Tenancy

PORTFOLIO SUMMARY - A full list of the Addresses will be outlined in the legal pack

No of Houses	Street	Area	Title No	Lease Terms	Ground Rents pa
7	Blanchland Drive	Sunderland, SR5	TY64552	999 years from 1933- 1955	£26.44
5	Broomshields Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£20
8	Burnhope Drive	Sunderland, SR5	TY64552	999 years from 1933- 1955	£33.52
2	Bywell Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£8.40
5	Cleveland View	Sunderland, SR5	TY64552	999 years from 1933- 1955	£26.30
2	Eskdale Road	Sunderland, SR5	TY64552	999 years from 1933- 1955	£4
2	Farndale Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£8.20
4	Hart Terrace	Sunderland, SR5	TY64552	999 years from 1933- 1955	£18
1	Hartley Gardens	Sunderland, SR5	TY64552	999 years from 1933- 1955	£4.26
4	Hawthorne Terrace	Sunderland, SR5	TY64552	999 years from 1933- 1955	£18
3	Huntcliffe Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£14.26
2	Lingdale Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£8
1	Rosedale Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£4
13	Shotley Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£50.84
1	Weardale Avenue	Sunderland, SR6	TY64552	999 years from 1933- 1955	£4
2	Whitby Avenue	Sunderland, SR5	TY64552	999 years from 1933- 1955	£8.70
TOTAL 62					£256.92

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH JULY AND CLOSES ON WEDNESDAY 17TH JULY.