Studio Flat For Sale £61,500
A fully furnished managed investment opportunity located in the heart of Sunderland. Horizon is a collection of 154 high specification self-contained studio apartments spread over ten storeys.
This development has been designed to cater to both students and professionals who live to wish in a prime, central location in contemporary surroundings.
Residents benefit from a private gym, cinema room, games room and laundry facilities. There are also designated co-working spaces which offer tenants a quiet space to study and work from home.
Apartments at Horizon come fully furnished. Furniture has been handpicked to complement the development's surroundings. The ergonomic design of these apartments means that residents have a wealth of space where they can store belongings without it feeling cluttered.
All bedrooms are fitted with a queen-sized bed, complete with bed base and mattress with built-in storage space, as well as a wardrobe. The lounge area is fitted with a desk and coffee table, and chairs.
Fully fitted kitchens with integrated appliances provide tenants with further living space in which to relax and entertain. The modern bathrooms are fully tiled and include a basin, modern WC and rainfall shower with glass door.
Apartment 711 is 15.12m2 and has been previously rented since completion. Based on a rental of £461pcm with an assured rental until Nov 2023
As this particular apartment is on the 7th floor it has great views of the city.
Mixed use with professional tenants and students alike, it also appeals to the short term let sector, allowing investors to potentially increase yields under this model.
Tenure: Leasehold (250 years)
Ground Rent: £150 per year
Service Charge: £1,200 per year
This development has been designed to cater to both students and professionals who live to wish in a prime, central location in contemporary surroundings.
Residents benefit from a private gym, cinema room, games room and laundry facilities. There are also designated co-working spaces which offer tenants a quiet space to study and work from home.
Apartments at Horizon come fully furnished. Furniture has been handpicked to complement the development's surroundings. The ergonomic design of these apartments means that residents have a wealth of space where they can store belongings without it feeling cluttered.
All bedrooms are fitted with a queen-sized bed, complete with bed base and mattress with built-in storage space, as well as a wardrobe. The lounge area is fitted with a desk and coffee table, and chairs.
Fully fitted kitchens with integrated appliances provide tenants with further living space in which to relax and entertain. The modern bathrooms are fully tiled and include a basin, modern WC and rainfall shower with glass door.
Apartment 711 is 15.12m2 and has been previously rented since completion. Based on a rental of £461pcm with an assured rental until Nov 2023
As this particular apartment is on the 7th floor it has great views of the city.
Mixed use with professional tenants and students alike, it also appeals to the short term let sector, allowing investors to potentially increase yields under this model.
Tenure: Leasehold (250 years)
Ground Rent: £150 per year
Service Charge: £1,200 per year
