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Borough Road, Sunderland, SR1 - Image 1
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Borough Road, Sunderland, SR1

North East

£12,000
Listed on 29/04/2026

Property Details

Bedrooms
1
Type
Apartment

Description

This sixth-floor studio apartment, situated in Horizon House on Borough Road, Sunderland, offers a promising investment opportunity for both aspiring homeowners and seasoned investors. With its central location, the property features a versatile open-plan living area that allows for the installation of a kitchenette and includes a separate bathroom. The unit presents an ideal canvas for light refurbishment, enabling new owners to upgrade its amenities and potentially enhance its market value. The location benefits from proximity to Sunderland city center, ensuring easy access to a variety of local shops, services, and transport options. This is an excellent chance to acquire an economical city-center unit with considerable potential for renovation and uplift.

Investment Analysis

(SR1 area)
Area Average
£69/sq ft
Avg Rent (weekly)
£144
Avg Yield
11.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SR1)

Area prices are rising by +5.6% over the last 12 months
3 year growth: -46.1%
5 year growth: -5.6%
Investment Disclaimer: Analysis based on SR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Borough Road, Sunderland, SR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£43
Based on a loan of £9,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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