Guide price
£5,000
1 bed flat for saleApartment 214 Horizon House, Sunderland, Tyne And Wear SR1
1 bed
EPC Rating: D
Just added
Auction
About this property
For sale by online auction on Tuesday, 28 Jul 2026 ending at 11:13
Turnkey city centre investment producing £500 pcm (£6,000 per annum) with a reliable long-term tenant in situ and no rental arrears.
A fantastic opportunity to acquire this well-presented leasehold studio apartment situated within the popular Horizon House development in the heart of Sunderland city centre. The property is sold with the benefit of an established and reliable tenant in situ, currently paying £500 pcm (£6,000 per annum) with no arrears, making it an ideal turnkey investment.
The accommodation comprises a secure communal entrance with lift access, an open-plan studio living space incorporating a fitted kitchenette, modern shower room, and fitted storage. Residents also benefit from access to communal facilities including a gym and attractive reception area.
Horizon House occupies a highly convenient location within easy reach of Sunderland University, the city centre, Park Lane Interchange, Sunderland railway and Metro stations, together with an excellent range of shops, restaurants, bars and leisure amenities. The property is well positioned to attract continued rental demand from students and professionals alike.
The property is leasehold, has an EPC Rating of D, and is offered as a ready-made investment with immediate rental income from day one.
Leasehold • EPC D • Let at £500 pcm (£6,000 per annum) • Established tenant with no arrears • City centre location • Excellent buy-to-let investment • Communal gym and secure entry • Auction sale
Pre-auction offers may be considered.Tenure: LeaseholdEPC Rating: D
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Turnkey city centre investment producing £500 pcm (£6,000 per annum) with a reliable long-term tenant in situ and no rental arrears.
A fantastic opportunity to acquire this well-presented leasehold studio apartment situated within the popular Horizon House development in the heart of Sunderland city centre. The property is sold with the benefit of an established and reliable tenant in situ, currently paying £500 pcm (£6,000 per annum) with no arrears, making it an ideal turnkey investment.
The accommodation comprises a secure communal entrance with lift access, an open-plan studio living space incorporating a fitted kitchenette, modern shower room, and fitted storage. Residents also benefit from access to communal facilities including a gym and attractive reception area.
Horizon House occupies a highly convenient location within easy reach of Sunderland University, the city centre, Park Lane Interchange, Sunderland railway and Metro stations, together with an excellent range of shops, restaurants, bars and leisure amenities. The property is well positioned to attract continued rental demand from students and professionals alike.
The property is leasehold, has an EPC Rating of D, and is offered as a ready-made investment with immediate rental income from day one.
Leasehold • EPC D • Let at £500 pcm (£6,000 per annum) • Established tenant with no arrears • City centre location • Excellent buy-to-let investment • Communal gym and secure entry • Auction sale
Pre-auction offers may be considered.Tenure: LeaseholdEPC Rating: D
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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