Guide price
£5,000
1 bed flat for saleApartment 312 Horizon House, Sunderland, Tyne And Wear SR1
1 bed
EPC Rating: C
Just added
Auction
About this property
For sale by online auction on Tuesday, 17 Nov 2026 ending at 11:04
tenanted studio apartment – Situated in Sunderland city centre, generating £5,400 per annum from a well-established tenant with an excellent payment history and no rent arrears
An excellent opportunity to acquire a tenanted studio apartment situated within the prominent Horizon House development in Sunderland city centre, offering an immediate rental income of £450 per calendar month (£5,400 per annum).
The apartment is currently occupied by a well-established tenant who has maintained an excellent payment history, with rent paid consistently on time and no arrears.
The accommodation extends to approximately 13 sq. M (140 sq. Ft) and comprises an entrance hallway, open-plan living and sleeping area, fitted kitchenette and separate shower room. The apartment benefits from large windows providing plenty of natural light and elevated views across the surrounding area.
Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, restaurants, leisure facilities and public transport links, including Sunderland Railway and Metro Station. The University of Sunderland and local amenities are also within easy reach.
This property represents an attractive opportunity for investors seeking an affordable, income-producing addition to their portfolio, with an established tenant already in occupation.
Accommodation
Entrance Hall
Open-Plan Lounge/Bedroom – 3.2m x 2.2m
Fitted Kitchenette – 1.4m x 0.8m
Shower Room – 2.3m x 1.7m
Investment Information
Current Rental Income: £450 pcm
Annual Rental Income: £5,400
Tenancy: Established tenant in occupation
Rental Payment History: Up to date, with no arrears
Approximate Floor Area: 13 sq. M (140 sq. Ft)
Tenure: Leasehold
Council Tax Band: A
EPC Rating: C
Auction Information
The property is offered for sale by auction and presents an opportunity to acquire an established rental investment with immediate income from completion, subject to the existing tenancy arrangements.Tenure: LeaseholdEPC Rating: C
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.
tenanted studio apartment – Situated in Sunderland city centre, generating £5,400 per annum from a well-established tenant with an excellent payment history and no rent arrears
An excellent opportunity to acquire a tenanted studio apartment situated within the prominent Horizon House development in Sunderland city centre, offering an immediate rental income of £450 per calendar month (£5,400 per annum).
The apartment is currently occupied by a well-established tenant who has maintained an excellent payment history, with rent paid consistently on time and no arrears.
The accommodation extends to approximately 13 sq. M (140 sq. Ft) and comprises an entrance hallway, open-plan living and sleeping area, fitted kitchenette and separate shower room. The apartment benefits from large windows providing plenty of natural light and elevated views across the surrounding area.
Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, restaurants, leisure facilities and public transport links, including Sunderland Railway and Metro Station. The University of Sunderland and local amenities are also within easy reach.
This property represents an attractive opportunity for investors seeking an affordable, income-producing addition to their portfolio, with an established tenant already in occupation.
Accommodation
Entrance Hall
Open-Plan Lounge/Bedroom – 3.2m x 2.2m
Fitted Kitchenette – 1.4m x 0.8m
Shower Room – 2.3m x 1.7m
Investment Information
Current Rental Income: £450 pcm
Annual Rental Income: £5,400
Tenancy: Established tenant in occupation
Rental Payment History: Up to date, with no arrears
Approximate Floor Area: 13 sq. M (140 sq. Ft)
Tenure: Leasehold
Council Tax Band: A
EPC Rating: C
Auction Information
The property is offered for sale by auction and presents an opportunity to acquire an established rental investment with immediate income from completion, subject to the existing tenancy arrangements.Tenure: LeaseholdEPC Rating: C
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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