Summary -
Apartment 410 Horizon House,Borough Road,SUNDERLAND,SR1 1HS
SR1 1HS
1 bed 1 bath Flat
Low-cost, let-in-place purchase near Sunderland amenities and transport links.
Tenanted studio/open-plan unit with kitchenette and separate shower room
Offered for sale at auction, this city-centre apartment is described in the legal pack as a tenanted studio/open-plan unit with a kitchenette and separate shower room. It is currently let at £415 pcm and sits within Horizon House on Borough Road, close to shops, cafes and transport links — a straightforward let-in-place purchase for an investor targeting student or city-centre demand.
The property is leasehold with 244 years remaining, an annual service charge of £1,860 and ground rent of £180. Broadband speeds are reported as slow and the surrounding ward is classified as very deprived with very high crime levels — factors to weigh against rental income and future capital growth.
This lot is sold via online auction; bidders should download the legal pack and verify tenancy details, service charge accounts and any building works before committing. The building’s modern, high-rise character suits city living, but the apartment’s small, open-plan layout and the neighbourhood profile make it most appropriate for investors seeking an income-producing, lower-cost entry rather than for those seeking long-term family accommodation.
Buyers should note the property will be sold as seen, with the tenant in situ. Confirm viewing arrangements, tenancy terms and any planned communal works in the legal documentation prior to bidding.
1 bedroom flat for sale in 410 Horizon House, Borough Road, Sunderland, SR1 — £20,000 • 1 bed • 1 bath
1 bedroom flat for sale in 202 Horizon House
Borough Road, Sunderland, SR1 — £23,000 • 1 bed • 1 bath
1 bedroom flat for sale in 109 Horizon House, Borough Road, Sunderland, SR1 — £24,000 • 1 bed • 1 bath
1 bedroom flat for sale in 204 Horizon house Borough Road, Sunderland, SR1 — £15,000 • 1 bed • 1 bath
1 bedroom flat for sale in Horizon House, Borough Road, Sunderland, SR1 — £5,000 • 1 bed • 1 bath
1 bedroom flat for sale in 32 Nile Street, Sunderland, Tyne and Wear, SR1 1EY, SR1 — £45,000 • 1 bed • 1 bath • 467 ft²
