Tenanted city centre studio apartment generating £450 PCM, offering an affordable investment opportunity with immediate rental income.
Description
A fantastic opportunity to acquire a tenanted studio apartment within the popular Horizon House development, ideally positioned in the heart of Sunderland city centre. Offering an immediate rental income of £450 per calendar month, this leasehold property represents an affordable investment opportunity with a tenant already in situ.
The accommodation briefly comprises an entrance hall, modern shower room, fitted kitchenette and an open-plan lounge/bedroom with built-in storage. The apartment is well suited to the strong demand from students and young professionals seeking city centre accommodation, with Sunderland's shops, restaurants, transport links and university campuses all within easy reach. Horizon House also benefits from communal facilities including lift access and secure entry, making it an attractive choice for tenants.
With an EPC rating of C and producing an established rental income from day one, this property is an ideal addition to any buy-to-let portfolio.
Tenure: Leasehold
EPC Rating: C
Current Rent: £450 PCM (tenant in situ)
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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