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Horizon, Sunderland from £53,995 9% p.a. net for 3 years

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INVESTMENT OVERVIEW

Residential Investment:

Assured Net Return

from £405 P/Month

SR1’s most desirable

post code

Horizon, now fully complete and tenanted, has introduced the large population of students and young professionals to  a different standard of accommodation in Sunderland’s city centre.  Perfectly located, in walking distance to both universities, shops, pubs and nightlife.

High-spec apartments are complemented by sought-after facilities, for tenant’s convenience and wellbeing, including: a gym, cinema room & games room, plus the apartments boast spectacular views of the city, canal, sea and gardens making these SR1’s most desirable apartments, for students and young professionals.

Market Overview

Sunderland

BUSINESS

Over 80 international companies

CITY

Voted UK Digital City 2014

STUDENT

Housing vastly under-supplied

Sunderland is home to over 277,000 people, the second largest population in the North East of England, However, in order to satisfy the city’s growing demand for housing, Sunderland needs to build nearly 14,000 new homes by 2033.

Sunderland City Council is investing heavily into the city centre in order to breathe new life into this growing city. Redevelopment projects comprise a new £1.8 million public square which was completed in 2015. The city boasts one of the UK’s most notable digital clusters and was awarded the title of UK Digital City in 2014.

 

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Project

Complete, operational & already tenanted by Sunderland's students and young professionals


Types
Studios
Bedrooms
One
Price
From only £54,000
Completion
Operational - Feb 2020
Tenure
250 leasehold
Planning
Mixed Use
Furniture
Included in price
Facilities
Gym, Cinema, games room
Amenities
Laundry, study area, WiFi

Investment

Horizon offers investors immediate purchase and 9% net rental return


Return Type
Long Let (AST)
Assured Return %
9%
Assured Period
3 years
Rental Security
One year held in Escrow
Reservation Fee
£5,000
Payment Plan
N/A immediate complete
SDLT
Yes
Fully Manged
Yes
Solicitor
Yes

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