Horizon, Sunderland - City Center Buy To Let Apartments

Investment Summary

Horizon, Sunderland - City Center Buy To-Let Apartments

The high-specification studios at Horizon are centrally located, standing in the heart of Sunderland city center, and provides potential investors the chance to benefit from a 9% NET rental return (excluding ground rent) assured by the developer for 3 years.

Horizon is the refurbishment of an existing 10-storey building into luxury residential apartments targeting the young professional and also the student rental market, with an excellent range of on-site facilities, including a cinema and gym

With studios at Horizon starting from just £47,495 - including a £2,500 discount off the market price - these apartments are ideal for property investors looking to capitalise on a city with exceptional potential.

 Location

At just 0.65 miles from the main University of Sunderland campus, and 0.44 miles from its Sir Tom Cowie campus, Horizon offers central and
contemporary accommodation for the city’s large student population.

 Key Investment Highlights

  • Furnished Studio apartments from £47,495 (Limited offer)

  • Prices discounted by £5,000

  • 9% NET returns (excl. ground rent)

  • 3 Year rental assurance paid quarterly

  • 5 to 7% interest on deposited funds

  • Target completion Q2 2019

  • Not off plan!

  • Experienced developer with track record

 Property Specifications

 

  • 154 self-contained luxury studio apartments

  • 10-storey building in the heart of Sunderland

  • En-suite shower rooms with rainfall shower

  • Furniture pack included in price

  • Variety of communal areas, including:

    • Dedicated study area

    • Residents’ gym

    • Cinema room

    • On-site laundry facilities

    • Games room

 Why invest in Horizon, Sunderland?

In 2016, Sunderland was voted the UK’s ‘Top Student City’ for landlords by Lend Invest owing to its generous rental returns and strong student
numbers.

 Payment Plan

 

  • Reservation fee = £2,000

  • 50% Exchange of contracts (5% interest accrued on deposit)

  • 50% Balance on completion Q2 2019

 Next Step?

  • Brochure

  • Availability

  • Floor plans

  • Draft contracts

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have!

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