1 bed flat for sale

Apartment 124 Horizon House, Sunderland, Tyne And Wear SR1

For sale by online auction on Tuesday, 22 Sep 2026 ending at 13:07

Studio apartment within Horizon House, Sunderland, with potential rental income of £500 pcm (£6,000 pa) and EPC rating C.

A well-proportioned studio apartment situated within the popular Horizon House development in Sunderland, offering an attractive opportunity for investors seeking an affordable addition to their rental portfolio.

The accommodation extends to approximately 22 sq m and comprises an entrance hall, open-plan living/sleeping area with fitted kitchen and a separate modern shower room. Large windows provide plenty of natural light, while the apartment also benefits from fitted storage and electric heating.

When occupied, the property has previously achieved a rental income of approximately £500 per calendar month, equivalent to £6,000 per annum, offering strong potential returns depending on the eventual purchase price.

Horizon House is conveniently positioned close to Sunderland city centre, providing easy access to local shops, amenities, transport links and the University of Sunderland, making this an appealing proposition for the local rental market.Tenure: LeaseholdEPC Rating: C

Portrait Video Tour
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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.