Apartment 305, Horizon House, Borough Road, Sunderland, SR1 1HR
UN

Apartment 305, Horizon House, Borough Road, Sunderland, SR1 1HR

By Under The Hammer

£ 19,000

Reviews

2 out of 5 stars

Under The Hammer says ..

A leasehold investment studio apartment, located in the city centre of Sunderland with a 30% yield The property comprises a open plan studio room with kitchenette and living space,...

Property Oracle says ..

Apartment 305, Horizon House is a one-bedroom apartment located in Sunderland. The property is listed for £19,000, which is significantly below the average price for properties in the area. The building appears to be in reasonable condition, but the apartment may benefit from some modernisation. The property’s location offers convenient access to transportation, with Sunderland train station located nearby. However, it’s important to note that the immediate surroundings are urban. Nearby schools include Hudson Road Primary School. Overall, this property could represent a good investment opportunity due to its low price, but potential buyers should be aware of the need for possible renovation and the urban location.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
4
Location
6
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
502,893.00 £
Increased by 16.71 %
from 430,903.00 £
Average area rental value
1,587.00 £/mo
Decreased by 12.80 %
from 1,820.00 £/mo
Est rental Yield
3.79 %
Decreased by 25.25 %
from 5.07 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Under The Hammer created the listing.

Nearby Schools

NameTypeOfstedDistance
Sunderland Children'S Centre EastChildren's Centre0.25 KM
Hudson Road Primary SchoolCommunity SchoolGood0.33 KM
Dame Dorothy Primary SchoolCommunity SchoolGood1.08 KM
Ashbrooke SchoolOther Independent Special SchoolGood1.27 KM
Valley Road AcademyAcademy Converter1.32 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pauls Road £ 000.00 KM
Salem Road £ 000.00 KM
William Street £ 150,00000.00 KM
Lambton Street £ 000.00 KM
Athaneum Street £ 99,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN0.64 KM
Seaham7814SEA8.07 KM

Nearby Properties

AddressPriceDistance
37 Norfolk Street £ 25,0000.09 KM
33 Norfolk Street £ 150,0000.09 KM
31 Norfolk Street £ 125,0000.09 KM
16 Nile Street £ 87,5000.09 KM
12a Foyle Street £ 70,0000.14 KM