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Apartment 907 Horizon House, Borough Road, Sunderland, SR1 1HS

Opening Bid

£28,000

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Opening Bid

£28,000

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Studio

Residential

Occupied

Apartment 907 Horizon House, Borough Road, Sunderland, SR1 1HS

1

bed

1

bath

1

reception

Council tax: A

freehold

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Rare Development Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom studio flat located within a prime location in Sunderland city centre.

  •  **Apartment 906, Horizon House, Borough Road, Sunderland, SR1 1HS previously sold for £66,500. Apartment 713, Horizon House, Borough Road, Sunderland, SR1 1HS previously sold for £76,500.**

  • This property is offered at a remarkable discount to ensure a swift auction sale, providing a unique opportunity for insightful investors and homebuyers alike.
  • For rental purposes, the property is currently tenanted, generating a rental income of £500 per month. This amount could afford an excellent gross yield if achieved for the guide price, making it a noteworthy investment opportunity.

  • Positioned in a prime city centre location, the property is conveniently situated near numerous local amenities and facilities, providing a comfortable and dynamic urban lifestyle.

PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom studio flat located within a prime location in Sunderland city centre.

The property comprises a spacious studio bedroom with a well-equipped kitchen space and a modern bathroom, ensuring comfortable and convenient living.

This property is offered at a remarkable discount to ensure a swift auction sale, providing a unique opportunity for insightful investors and homebuyers alike.

For rental purposes, the property is currently tenanted, generating a rental income of £500 per month. This amount could afford an excellent gross yield if achieved for the guide price, making it a noteworthy investment opportunity.

Positioned in a prime city centre location, the property is conveniently situated near numerous local amenities and facilities, providing a comfortable and dynamic urban lifestyle.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Apartment 906, Horizon House, Borough Road, Sunderland, SR1 1HS previously sold for £66,500. Apartment 713, Horizon House, Borough Road, Sunderland, SR1 1HS previously sold for £76,500.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Sunderland is a vibrant city in the northeast of England, known for its rich industrial heritage, coastal beauty, and thriving cultural scene. The city offers a blend of urban and natural attractions, including beautiful parks, esteemed educational institutions, and a lively city centre filled with shops, restaurants, and leisure facilities.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.