15 Apartment PORTFOLIO , Sunderland SR1

Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 0

Agent: Spire Property Group & Consultants - Sunderland Phone: 0191 511 8651

<p><b>15 Apartment PORTFOLIO </b></p><p>Spire Property Group present this investment portfolio consisting of 15 self contained studio apartments with en suites and kitchens.<br/><br/>Located in the heart of Sunderland, this investment portfolio offers a collection of fifteen fully-furnished, self-contained studio apartments in the same apartment building. Situated in Horizon Apartments on Borough Road, the block is close to Sunderland’s city centre and local shops, cafés, restaurants, and essential amenities.<br/><br/>This development is perfectly positioned for transport connections, with Sunderland Station, Park Lane Station, and Metro links within easy walking distance. This makes commuting to the University of Sunderland, city businesses, or the wider Tyne and Wear region exceptionally convenient.</p><p>Residents benefit from the on-site laundry rooms, private cinema, and gym—providing everything needed for comfort, convenience, and recreation within this popular development. On-street and rear parking options, secure entry, and 27/7 on site reception complete the package.</p><p>The apartments are currently generating strong rental yields, with the majority already let to professionals and students at £550 to £600pcm, offering a potential gross income of up to £103,500 per annum across the portfolio (£6900 per flat). </p><p>The apartments can also be offered as smaller portfolios of five apartments for flexible investment options. With annual service charges set at a highly competitive rate and the majority of apartments already let, this is a rare opportunity.</p><p><br/></p><p><b>Tenure</b>: Leasehold of 250 years remaining as of 16 May 2025</p><p><b>Service charge:</b> Averaging £1619 per annum to be paid quarterly</p><p><b>Council tax band:</b> A</p><p><br/></p><p>Arrange a viewing today to appreciate the full scale and potential of this investment in Sunderland’s city centre.</p><p><br/></p>