A ready-made investment opportunity in a central location – ideal for landlords seeking a low entry price property with strong rental demand.
Description
For Sale by Auction – Studio Apartment in City Centre Location
An excellent opportunity to acquire a compact and well-configured studio apartment within the prominent Horizon House development, ideally positioned in the heart of Sunderland city centre (SR1 1HR).
Located within a distinctive multi-storey building, Apartment 9 offers approximately 17m² of internal accommodation, making it an ideal investment purchase or affordable city base.
Accommodation Overview
The apartment comprises:
Bedroom Area (2.4m x 1.7m) – Separate sleeping area with space for a single bed, positioned adjacent to the large feature window.
Living Area (2.1m x 1.7m) – Open-plan space incorporating study and dining area.
Kitchen (3.4m x 1.2m) – Fitted with wall and base units, inset sink, electric hob and under-counter fridge.
Bathroom (1.8m x 1.9m) – Fully tiled and fitted with shower cubicle, wash hand basin and WC.
Hall (1.2m x 2.0m)
The property benefits from large industrial-style windows providing excellent natural light, electric wall-mounted heating, recessed ceiling lighting and fitted furniture including wardrobe, desk and storage units.
Investment Potential
Horizon House is well positioned for:
Sunderland University
City centre amenities
Transport links including Metro and bus routes
Shops, restaurants and leisure facilities
Comparable studio apartments in the area typically achieve rents in the region of £600 per calendar month, according to recent listings and market evidence (subject to condition, furnishings and tenancy type).
The compact layout and central location make this property particularly suited to student or single occupancy letting, offering strong rental potential in a consistently popular area.
Location
Situated within walking distance of Sunderland city centre, the property enjoys immediate access to shopping facilities, cafes, bars and transport connections. The seafront and Roker beach are also within easy reach.
Tenure & Additional Information
Buyers are advised to confirm tenure, service charges and management arrangements prior to bidding.
Please refer to the legal pack for full details.
Tenure: Leasehold
EPC Rating: D
Lot Type
Residential
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
Non-refundable £3,600 inc VAT payable on 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
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.
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