Offers in region of
£25,000
Studio for saleBorough Road, Sunderland SR1
1 bath
1 reception
Added on
About this property
Central heating
Double glazing
Below stamp duty threshold
Brilliant investment opportunity
A ready-made investment opportunity in a central location, ideal for landlords seeking a low entry price property with strong rental demand.
*The estimated rental income will be £550-600pcm.
An excellent opportunity to acquire a compact and well-configured studio apartment within the prominent Horizon House development, ideally positioned in the heart of Sunderland.
Accommodation Overview
The apartment comprises:
Bedroom Area - Separate sleeping area with space for a bed, positioned adjacent to the large feature window.
Living Area - Open-plan space incorporating study and dining area.
Kitchen - Fitted with wall and base units, inset sink, electric hob and under-counter fridge.
Bathroom - Fully tiled and fitted with shower cubicle, wash hand basin and WC.
Hall
The property benefits from large industrial-style windows providing excellent natural light, electric wall-mounted heating, recessed ceiling lighting and fitted furniture including wardrobe, desk and storage units.
Investment Potential
Horizon House is well positioned for:
Sunderland University
City centre amenities
Transport links including Metro and bus routes
Shops, restaurants and leisure facilities
The compact layout and central location make this property particularly suited to student or single occupancy letting, offering strong rental potential in a consistently popular area.
Location
Situated within walking distance of Sunderland city centre, the property enjoys immediate access to shopping facilities, cafes, bars and transport connections. The seafront and Roker beach are also within easy reach.
For further information please contact us.
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More information
Tenure
Leasehold (244 years)
Service charge
£2,098 per year
Council tax band
Ground rent
£250
Ground rent date of next review
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