The lots will be sold separately at auction and are up for grabs with guide prices of between £62,000 and £145,000. The houses - some of which have been converted into flats - will go under the ‘virtual hammer’ in the online auction - hosted by Landwood Property Auctions - on Wednesday, September 4. The first lot from the portfolio will be open for bidding at 1.10pm with bids being open for 45 minutes. We take a look at the seven properties up for auction.
1. 1 Greta Terrace, Sunderland
The three bedroom end-terrace house currently let at £600 per month (annual equivalent £7,200) and is one mile from the city centre. Photo: Landwood Property Auctions
2. Inside 1 Greta Terrace, Sunderland
The property has accommodation in the attic and has been extended to the rear. Photo: Landwood Property Auctions
3. 7 Esplanade West, Sunderland
With a guide price of £145,000, this house has been converted into 3 flats (part let and part vacant) with potential for a gross annual equivalent income of £16,920. Photo: Landwood Property Auctions
4. 7 Esplanade West, Sunderland
It has been converted to provide three two bedroom flats, across the ground floor, first floor and attic. They are accessed via a communal hallway and staircase. 1 let, 2 Vacant Photo: Landwood Property Auctions