Guide price
£5,000
1 bed flat for saleApt. 602 Horizon House, Sunderland, Tyne And Wear SR1
1 bed
EPC Rating: C
Auction
About this property
For sale by online auction on Tuesday, 13 Oct 2026 ending at 11:08
tenanted investment opportunity – Sixth-floor studio apartment in Sunderland city centre, currently let at £500 pcm (£6,000 pa), with fitted kitchen, bathroom and EPC rating C.
An excellent opportunity for investors to acquire this sixth-floor studio apartment within the popular Horizon House development in Sunderland city centre.
The property is currently let at £500 per calendar month, producing a passing rental income of £6,000 per annum, providing an immediate income stream from completion.
The accommodation extends to approximately 16 sq m and comprises an entrance hall, bathroom with shower, fitted kitchen area and an open-plan lounge/bedroom. The apartment benefits from a large window frontage providing plenty of natural light.
Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, bars, restaurants and transport connections, making the development popular with tenants.
An affordable, ready-made investment opportunity which should appeal to landlords looking to add an income-producing property to their portfolio.Tenure: LeaseholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
tenanted investment opportunity – Sixth-floor studio apartment in Sunderland city centre, currently let at £500 pcm (£6,000 pa), with fitted kitchen, bathroom and EPC rating C.
An excellent opportunity for investors to acquire this sixth-floor studio apartment within the popular Horizon House development in Sunderland city centre.
The property is currently let at £500 per calendar month, producing a passing rental income of £6,000 per annum, providing an immediate income stream from completion.
The accommodation extends to approximately 16 sq m and comprises an entrance hall, bathroom with shower, fitted kitchen area and an open-plan lounge/bedroom. The apartment benefits from a large window frontage providing plenty of natural light.
Horizon House is conveniently positioned within Sunderland city centre, providing easy access to a wide range of shops, bars, restaurants and transport connections, making the development popular with tenants.
An affordable, ready-made investment opportunity which should appeal to landlords looking to add an income-producing property to their portfolio.Tenure: LeaseholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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