Lot
086
Auction Ends: 17/07/2024 - Bidding opens Tuesday 16th July 10:00 AM

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

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 HousesStreet                                             Area                                                      Title No

Lease Terms                        

Ground Rents pa 


7


Blanchland Drive 

Sunderland, SR5TY64552999 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.

Our Nearest Office

Newcastle 600x300

Newcastle

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Auction Ends: 17/07/2024

Guide Price: £42,000 plus

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