Auction House / North East

  • For Sale By Unconditional Online Auction
  • Guide Price* : £5,000 - £15,000
  • Bidding Opens 21/09/2026 13:00

Apartment 124 Horizon House, Sunderland, Tyne and Wear, SR1 1HR

Studio apartment within Horizon House, Sunderland, with potential rental income of £500 PCM (£6,000 PA) and EPC rating C.

OPEN HOUSE VIEWING DATE (NO NEED TO BOOK)
WED 9TH SEPTEMBER 3:00pm - 3:30pm

Description

A well-proportioned studio apartment situated within the popular Horizon House development in Sunderland, offering an attractive opportunity for investors seeking an affordable addition to their rental portfolio.

The accommodation extends to approximately 22 sq m and comprises an entrance hall, open-plan living/sleeping area with fitted kitchen and a separate modern shower room. Large windows provide plenty of natural light, while the apartment also benefits from fitted storage and electric heating.

When occupied, the property has previously achieved a rental income of approximately £500 per calendar month, equivalent to £6,000 per annum, offering strong potential returns depending on the eventual purchase price.

Horizon House is conveniently positioned close to Sunderland city centre, providing easy access to local shops, amenities, transport links and the University of Sunderland, making this an appealing proposition for the local rental market.

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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* Guide | £5,000 - £15,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 0191 908 9691 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.