Studio for sale

Horizon House, Borough Road, Sunderland SR1

Situated on the eighth floor of the popular Horizon House development, this studio apartment enjoys elevated views across Sunderland, offering modern city centre living in a highly convenient location. The accommodation comprises an entrance hall, a shower room, a fitted kitchenette, and a open-plan living and sleeping area designed to maximise both comfort and practicality. The apartment is ready for immediate occupation, making it an ideal choice for both owner-occupiers and investors. Perfectly positioned in the heart of Sunderland city centre, Horizon House is within easy reach of Sunderland University, shopping facilities, restaurants, leisure amenities, and excellent transport links. Offered with vacant possession, the property has previously generated a strong rental return and is considered capable of achieving approximately £550 per calendar month, presenting an attractive investment opportunity with excellent income potential. A fantastic low-maintenance apartment in a sought-after development, ideally suited to investors looking to expand their portfolio, first-time buyers, students, or professionals seeking affordable city centre living. Early viewing is highly recommended.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.