Initial price	£18,000
24/12/25	£14,000
Price Change	-22.22%

This leasehold studio apartment is located in the city centre of Sunderland, within the Horizon House building on Borough Road. The property features an open-plan studio room with a kitchenette and living space, as well as a separate shower room. The apartment is currently rented for £500 per month and benefits from communal amenities including a café, gym, and cinema room. With 245 years remaining on the lease, the property offers a convenient and secure investment opportunity. The service charge and ground rent are £2,080 and £150 per annum, respectively. The property is being sold through an online auction and interested parties can view the legal pack, register to bid, and submit prior auction offers through the Under the Hammer website.