The property is a long leasehold seventh floor apartment (approximately 896 square feet) with city views and a parking space, located on the fringes of Sunderland's vibrant city centre. The apartment is currently let on an Assured Shorthold Tenancy agreement at a rent of £660 per month, with a rent reserved of £7,920 per annum. The property is held on a long lease for a term of 125 years from 1 February 2004, with a ground rent of £389 per annum (rising every 25 years). The property has two bedrooms, a bathroom/WC, an ensuite shower room, a reception room, and a kitchen, and has an EPC rating of B and a Council Tax Band of C. A contract documentation fee of £1,500 (inclusive of VAT) is payable by the buyer for each lot, and the seller may charge additional fees payable upon completion.