Apartment 810, Horizon House, Borough Road, Sunderland, Tyne and Wear SR1 1HS
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Description
Auction Commencing on Monday 27th April at 1pm and ending 24 hours later on Tuesday 28th April from 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
Tenanted city-centre studio in Horizon House producing £450pcm, offering a high-yield investment opportunity with a guide price of £5,000–£15,000.
Guide Price: £5,000 – £15,000
To be sold by auction – 28th April
Tenanted Investment | £450 PCM | EPC Rating: C | Leasehold
A compact, income-generating studio apartment located within the well-known Horizon House development in Sunderland city centre.
This tenanted unit is currently achieving £450 per calendar month (£5,400 per annum), offering an attractive yield at the guide price range. The property is ideally suited to investors seeking a low-entry, high-yield addition to their portfolio.
The accommodation briefly comprises a self-contained open-plan living/bedroom area with kitchenette, along with a modern shower room. The layout is efficient and practical, appealing to single occupants and tenants seeking affordable city living.
Horizon House is a popular residential block with lift access, positioned conveniently for Sunderland city centre amenities, transport links, universities and employment hubs.
Key Features:
•{tab}Tenanted investment producing £450 PCM
•{tab}High yield potential
•{tab}Studio layout with kitchenette
•{tab}Modern shower room
•{tab}EPC Rating: C
•{tab}City centre location
•{tab}Lift access within building
•{tab}Leasehold
Tenancy:
The property is currently let, providing immediate rental income from completion.
Location:
Situated in the heart of Sunderland, within easy reach of shops, restaurants, transport links and Sunderland University, making it a consistently lettable location.
Auction Details:
The property will be sold via auction on 28th April. Interested parties are advised to review the legal pack and register to bid in advance.
Tenure: Leasehold
EPC Rating: C
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.
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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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Apartment 810, Horizon House, Borough Road, Sunderland, Tyne and Wear SR1 1HS
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Visit our security centre to find out moreDisclaimer - Property reference 202604031301sq_lyzm. 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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