Guide price
£10,000
1 bed flat for saleApartment 303, Horizon House, Borough Road, Sunderland SR1
1 bed
1 bath
1 reception
Auction
Leasehold
About this property
View more:
For sale by Under The Hammer online auction on Wednesday 21st October 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Long Leasehold Studio Apartment Investment located in Sunderland city centre, currently producing £6000 pa.
The property comprises an open-plan studio room providing living and sleeping accommodation together with a fitted kitchenette and separate shower room.
We have been advised of the following lease information (Please refer to legal pack)
Lease Length: Approximately 245 years remaining.
Service charge: £2,080 per annum.
Ground rent: £150 per annum.
Situated within Horizon House on Borough Road, the property is located close to Sunderland city centre and its range of shops, restaurants, leisure facilities and transport links.
The property will appeal to investors looking for a city-centre investment with an established rental income and long lease.
Here's what to do next
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
A Long Leasehold Studio Apartment Investment located in Sunderland city centre, currently producing £6000 pa.
The property comprises an open-plan studio room providing living and sleeping accommodation together with a fitted kitchenette and separate shower room.
We have been advised of the following lease information (Please refer to legal pack)
Lease Length: Approximately 245 years remaining.
Service charge: £2,080 per annum.
Ground rent: £150 per annum.
Situated within Horizon House on Borough Road, the property is located close to Sunderland city centre and its range of shops, restaurants, leisure facilities and transport links.
The property will appeal to investors looking for a city-centre investment with an established rental income and long lease.
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Mortgage calculator
Monthly repayment
£50 per month
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More information
Tenure
Leasehold (245 years)
Service charge
£2,080 per month
Council tax band
A
Ground rent
£150
Ground rent date of next review
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