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Borough Road, Sunderland, Tyne and... Studio for sale
Borough Road, Sunderland, Tyne and Wear, SR1
£50,000
Our Summary
- *** CASH BUYERS ONLY ****** SOLD TENANT IN SITU - INVESTORS ONLY ***This studio apartment in Horizon House on Borough Road, Sunderland presents an excellent investment opportunity
- 2% yield with £550 monthly rental income, this self-contained studio within this modern development is available exclusively to investors and cash buyers
- Available to cash buyers and investors only, with tenants in situ providing immediate rental income, this represents a strong investment opportunity in a sought-after student area
- Early viewing is strongly recommended to appreciate the investment potential
Description
This studio apartment in Horizon House, Sunderland, is an excellent investment opportunity for cash buyers and investors. Currently tenanted and generating a 13.2% yield with £550 monthly rental income, the property offers a self-contained studio with an open-plan living/sleeping area, kitchenette, and private shower room. Residents enjoy on-site amenities including a gym, cinema room, and shared kitchen facilities, making it an attractive proposition for the rental market. Located in the heart of Sunderland, the property is within walking distance of the city centre, university campus, and transport links. With tenants in situ providing immediate rental income, this represents a strong investment opportunity in a sought-after student area, and early viewing is recommended to appreciate its potential.