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No longer on the market

This property is no longer on the market

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Kitchen Area
Shower Room
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EPC Rating Graph

Studio

Cash buyers only
Studio
1 bath
128
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 244 yrs left
Ground rent£150 per annum | review period: unconfirmed
Service charge£2,500 per annum
Council taxBand A
BroadbandSuper-fast 64Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 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
* CASH BUYERS ONLY *

* 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.

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About this agent

Sold.co.uk - London
Sold.co.uk - London
First Floor, 50 St Mary Axe London EC3A 8FR
020 3641 8830
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