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Apartment 103, Echo Building, West Wear Street, Sunderland, Tyne and Wear SR1 1XH

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Auction Commencing on Monday 20th April from 1pm and ending 24 hours later on Tuesday 21st April from 1pm with Auction House North East.

Please register to bid via our website - auctionhouse.co.uk/northeast

Spacious two-bedroom apartment in the sought-after Echo Building, offered vacant with strong rental potential of £900pcm (£10,800 p.a.).

An excellent opportunity to acquire a well-proportioned two-bedroom apartment within the highly sought-after Echo Building, superbly positioned on Sunderland’s riverside. Offered vacant possession, this property is ideal for both investors and owner-occupiers alike.

The apartment benefits from a generous open-plan living space, incorporating a large lounge, dining area and fitted kitchen. Floor-to-ceiling glazing allows for an abundance of natural light and enjoys elevated urban and riverside views.

Internally, the accommodation briefly comprises:
•{tab}Entrance hallway with storage
•{tab}Spacious open-plan living/dining/kitchen area
•{tab}Two double bedrooms (master with en-suite)
•{tab}Modern family bathroom
•{tab}Utility/storage space
The property extends to approximately 100 m², offering well-balanced and flexible living accommodation.

Investment Potential
The property has previously achieved £900 PCM (£10,800 per annum), making it an attractive buy-to-let opportunity with strong rental demand in this central location.

Location
The Echo Building is ideally located within walking distance of Sunderland city centre, offering easy access to:
•{tab}Shops, bars and restaurants
•{tab}Sunderland University
•{tab}Transport links including Metro and road networks
•{tab}Riverside walks and marina

Key Features
•{tab}Sold with vacant possession
•{tab}Modern development with lift access
•{tab}Two bathrooms (including en-suite)
•{tab}Large open-plan living space
•{tab}Popular riverside location
•{tab}Strong rental potential

Tenure
Leasehold (details to be confirmed)

Tenure: Leasehold

EPC Rating: B

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Apartment 103, Echo Building, West Wear Street, Sunderland, Tyne and Wear SR1 1XH

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About Auction House, North East

15 Beach Road, South Shields, NE33 2QA

Affordability

Monthly repayments£115
Property: £ 25,000
Deposit: £ 2,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 202603241104sq_otyb. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North East on 0191 917 9650.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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