Guide Price: £5,000 – £15,000 To be sold by auction – 28th April Tenanted Investment | £450 PCM | EPC Rating: C | Leasehold A compact, income-generating studio apartment located within the well-known Horizon House development in Sunderland city centre. This tenanted unit is currently achieving £450 per calendar month (£5,400 per annum), offering an attractive yield at the guide price range. The property is ideally suited to investors seeking a low-entry, high-yield addition to their portfolio. The accommodation briefly comprises a self-contained open-plan living/bedroom area with kitchenette, along with a modern shower room. The layout is efficient and practical, appealing to single occupants and tenants seeking affordable city living. Horizon House is a popular residential block with lift access, positioned conveniently for Sunderland city centre amenities, transport links, universities and employment hubs. Key Features: •{tab}Tenanted investment producing £450 PCM •{tab}High yield potential •{tab}Studio layout with kitchenette •{tab}Modern shower room •{tab}EPC Rating: C •{tab}City centre location •{tab}Lift access within building •{tab}Leasehold Tenancy: The property is currently let, providing immediate rental income from completion. Location: Situated in the heart of Sunderland, within easy reach of shops, restaurants, transport links and Sunderland University, making it a consistently lettable location. Auction Details: The property will be sold via auction on 28th April. Interested parties are advised to review the legal pack and register to bid in advance. Tenure: LeaseholdEPC Rating: C

Portrait Video Tour

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Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.