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Our Summary
- For sale by online auction on Tuesday, 21 Jul 2026 ending at 11:16Tenanted city centre studio apartment generating £450 pcm, offering an affordable investment opportunity with immediate rental income
- Offering an immediate rental income of £450 per calendar month, this leasehold property represents an affordable investment opportunity with a tenant already in situ
- 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
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Description
The property is a modern seventh-floor studio apartment in Sunderland city centre, located in the Horizon House development. It has an entrance hall, modern shower room, open-plan lounge/bedroom with elevated views, and a fitted kitchenette. The apartment has contemporary décor throughout and is ready for immediate occupation.
It benefits from a strong letting history, with an estimated rental income of £550 per calendar month. The property has a low-maintenance design and a sought-after location, making it ideal for investors or owner-occupiers.