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2 bedroom apartment for sale
16 Planet House, Upper Market Square, Sunderland SR1 3LH
£26,000
16 Planet House, Upper Market Square, Sunderland SR1 3LH
£26,000
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of £1,500 inc
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
Description
This two-bedroom apartment is located on the fourth floor of the Plant House building in Sunderland city centre, opposite the train station. It benefits from electric heating and double glazing, and is currently let at £500 per month. The apartment is situated near excellent transport links, including rail and metro links, as well as Park Lane Interchange. The property is being sold at auction on May 29, 2025, and the auction will be broadcast online with live auctioneers. Bidders can register online, by proxy, or by phone, and must submit their registration form by 5pm the day before the auction. The property is being sold as a leasehold with 125 years remaining on the lease, and the buyer will be responsible for ground rent and service charges. The guide price for the property is not disclosed, but the reserve price will be within 10% of the guide price. The buyer will also be responsible for a £1,500 buyers' fee, which does not contribute to the purchase price but will be taken into account when calculating Stamp Duty Land Tax.