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

Apartment 602 Horizon House, Sunderland, Tyne and Wear, SR1 1HS

TENANTED INVESTMENT OPPORTUNITY – Sixth-floor studio apartment in Sunderland city centre, currently let at £500 PCM (£6,000 PA), with fitted kitchen, bathroom and EPC rating C.

Description

An excellent opportunity for investors to acquire this sixth-floor studio apartment within the popular Horizon House development in Sunderland city centre.

The property is currently let at £500 per calendar month, producing a passing rental income of £6,000 per annum, providing an immediate income stream from completion.

The accommodation extends to approximately 16 sq m and comprises an entrance hall, bathroom with shower, fitted kitchen area and an open-plan lounge/bedroom. The apartment benefits from a large window frontage providing plenty of natural light.

Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, bars, restaurants and transport connections, making the development popular with tenants.

An affordable, ready-made investment opportunity which should appeal to landlords looking to add an income-producing property to their portfolio.

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...

Make An Enquiry

Submit an enquiry for this lot and someone will be in contact shortly.

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

Call the team on 0191 908 9691 for more information

Floor plan Legal pack Request more info
Unconditional Sale Terms & Conditions
Finance available on this property
Find out more

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.