1. Property photo 1 of 7 Street View
  2. Property photo 2 of 7 Living Area
  3. Property photo 3 of 7 View

£50,000

Studio for sale
Borough Road, Sunderland, Tyne And Wear SR1

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

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About this property

  • Studio Apartment

  • Cash Buyers Only

  • Great Investment Opportunity

  • Sold Tenant in Situ - 13.2% Yield

  • Eighth Floor

  • Communal Kitchen Area & Laundry Room

  • Gym, Cinema & Games Room

  • Long Lease - 244 Years Remaining

  • Short-Walk to University of Sunderland

  • City Centre Location

*** cash buyers only ***

*** sold tenant in situ - investors only ***

This studio apartment in Horizon House on Borough Road, Sunderland presents an excellent investment opportunity. Currently tenanted and generating an impressive 13.2% yield with £550 monthly rental income, this self-contained studio within this modern development is available exclusively to investors and cash buyers.

The property's layout includes an open-plan living/sleeping area, a well-proportioned kitchenette, and a private shower room. Residents benefit from excellent on-site amenities including a communal gym, cinema room, games room, shared kitchen facilities and a laundry room, making this an attractive proposition for the rental market.

Located in the heart of Sunderland, Horizon House enjoys a prime position with easy access to the city centre's shops, restaurants, and entertainment venues. The property is within walking distance of both the University of Sunderland city campus and St Peter's Metro station, offering excellent transport links across the region.

Available to cash buyers and investors only, with tenants in situ providing immediate rental income, this represents a strong investment opportunity in a sought-after student area. The established tenancy and impressive yield make this an attractive proposition for investors looking to expand their portfolio. Early viewing is strongly recommended to appreciate the investment potential.

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More information

  • Tenure

    Leasehold (244 years)

  • Service charge

    £2,500 per year

  • Council tax band

    A

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in SR1

Property descriptions and related information displayed on this page are marketing materials provided by - Sold.co.uk. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sold.co.uk for full details and further information.