Tenanted city-centre studio in Horizon House producing £450pcm, offering a high-yield investment opportunity with a guide price of £5,000–£15,000
Description
Guide Price: £5,000 – £15,000
To be sold by auction – 28th April
Tenanted Investment | £450 PCM | EPC Rating: C | Leasehold
A compact, income-generating studio apartment located within the well-known Horizon House development in Sunderland city centre.
This tenanted unit is currently achieving £450 per calendar month (£5,400 per annum), offering an attractive yield at the guide price range. The property is ideally suited to investors seeking a low-entry, high-yield addition to their portfolio.
The accommodation briefly comprises a self-contained open-plan living/bedroom area with kitchenette, along with a modern shower room. The layout is efficient and practical, appealing to single occupants and tenants seeking affordable city living.
Horizon House is a popular residential block with lift access, positioned conveniently for Sunderland city centre amenities, transport links, universities and employment hubs.
Key Features:
•{tab}Tenanted investment producing £450 PCM
•{tab}High yield potential
•{tab}Studio layout with kitchenette
•{tab}Modern shower room
•{tab}EPC Rating: C
•{tab}City centre location
•{tab}Lift access within building
•{tab}Leasehold
Tenancy:
The property is currently let, providing immediate rental income from completion.
Location:
Situated in the heart of Sunderland, within easy reach of shops, restaurants, transport links and Sunderland University, making it a consistently lettable location.
Auction Details:
The property will be sold via auction on 28th April. Interested parties are advised to review the legal pack and register to bid in advance.
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
Loading the bidding panel...
- 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.