£20,000 /Sale price

For sale by Under the Hammer online auction on Wednesday 28th January 2026. Head over to our website to download the legal pack, register to bid and see more information.A leasehold investment studio apartment, located in the city centre of Sunderland.The property comprises a open plan studio room with kitchenette and living space, together with a separate shower room.This property also has a communal Cafe, Gym and cinema room within the buildingThe property is currently rented for £500 pcm Situated within Horizon House on Borough Road, the apartment offers a convenient city-centre location close to local shops, restaurants, and transport links.Lease length: 245 years remaining (approx)Service charge: £2,080 per annum (approx)Ground rent: £150 per annum (approx)Here's what to do nextVisit - Our website and view the auction terms.View - Book a viewing directly through our website.Register - Get registered prior to the auction opening date.Legal Pack - Download and view the legal pack to find out all the relevant information.Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.Bidding - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website