Borough Road, Sunderland, Tyne and Wear, SR1
- PROPERTY TYPE
Apartment
- BATHROOMS
1
- SIZE
128 sq ft
12 sq m
Key features
- Studio Apartment
- Cash Buyers Only
- Great Investment Opportunity
- Sold Tenant in Situ - 13.2% Yield
- Eighth Floor
- Communal Kitchen Area & Laundry Room
- Gym, Cinema & Games Room
- Long Lease - 244 Years Remaining
- Short-Walk to University of Sunderland
- City Centre Location
Description
*** SOLD TENANT IN SITU - INVESTORS ONLY ***
This studio apartment in Horizon House on Borough Road, Sunderland presents an excellent investment opportunity. Currently tenanted and generating an impressive 13.2% yield with £550 monthly rental income, this self-contained studio within this modern development is available exclusively to investors and cash buyers.
The property's layout includes an open-plan living/sleeping area, a well-proportioned kitchenette, and a private shower room. Residents benefit from excellent on-site amenities including a communal gym, cinema room, games room, shared kitchen facilities and a laundry room, making this an attractive proposition for the rental market.
Located in the heart of Sunderland, Horizon House enjoys a prime position with easy access to the city centre's shops, restaurants, and entertainment venues. The property is within walking distance of both the University of Sunderland city campus and St Peter's Metro station, offering excellent transport links across the region.
Available to cash buyers and investors only, with tenants in situ providing immediate rental income, this represents a strong investment opportunity in a sought-after student area. The established tenancy and impressive yield make this an attractive proposition for investors looking to expand their portfolio. Early viewing is strongly recommended to appreciate the investment potential.
- 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.
- Band: A
- 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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Borough Road, Sunderland, Tyne and Wear, SR1
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Visit our security centre to find out moreDisclaimer - Property reference SLD250174. 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 Sold.co.uk, London. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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