Tenanted studio apartment in Sunderland city centre generating £6,000 per annum – ideal investment opportunity.
Description
Auction House North East is pleased to offer for sale this self-contained studio apartment situated within the prominent Horizon House development in Sunderland city centre. Currently let at £500 per calendar month (£6,000 per annum), the property presents an excellent opportunity for investors seeking an income-producing addition to their portfolio.
The apartment offers approximately 23 sq.m. (247 sq.ft.) of accommodation, comprising an entrance hallway, open-plan bedroom/living area with fitted kitchenette and a separate modern shower room.
The main living space benefits from large windows allowing plenty of natural light, wood-effect flooring and a feature wall. The kitchenette is fitted with contemporary dark-coloured units, work surfaces, sink and cooking facilities. The shower room features a glazed shower enclosure, wash hand basin, WC and heated towel rail.
Horizon House is a substantial residential development conveniently positioned within Sunderland city centre, providing access to a wide range of shops, restaurants, transport links and local amenities. Sunderland University and the city's main shopping areas are also within easy reach, making this a convenient location for tenants.
Tenure: Leasehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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