Located in the heart of Sunderland, the North’s growing maritime city, Horizon is a collection of 154 high specification self-contained studio apartments spread over ten storeys. These studio apartments offer investors a fully furnished investment that is ready to go.
This development has been designed to cater for both students and professionals who live to wish in a prime, central location in contemporary surroundings. Residents will benefit from a private gym, cinema room, games room and laundry facilities. There are also designated co-working spaces which will offer tenants a quiet space to study and work from home.
Apartments at Horizon come fully furnished. Furniture has been handpicked to complement the development’s surroundings. The ergonomic design of these apartments means that residents will have a wealth of space where they can store belongings without it feeling cluttered. All bedrooms will be fitted with a queen-sized bed, complete with bed base and mattress with built-in storage space, as well as a wardrobe. The lounge area will be fitted with a desk and coffee table, both of which will have a chair. Fully fitted kitchens with integrated appliances provide tenants with further living space in which to relax and entertain. The modern bathrooms will be fully tiled and include a basin, modern WC and rainfall shower with glass door.
The high-specification studios at Horizon are centrally located, standing in the heart of Sunderland city centre, at just 0.65 miles from the main University of Sunderland campus, and 0.44 miles from its Sir Tom Cowie campus. All amenities are within walking distance as well as easy access to the city centre, Horizon offers central and contemporary accommodation for the city’s large student population. As one of the biggest and most popular universities in the North, the need for student accommodation is only set to grow. In 2016, the city was voted as the best student location for landlords and with rents predicted to rise by 11% over the next five years, it is a great time to invest. (source)
With Sunderland International Railway Station a 7 minute walk away it makes transport links in and out of the city easily accessible, Newcastle is 20 Minutes by Metro Train and there are excellent public transport and road links out of the City.
Home to more than 277,000 people, Sunderland is surrounded by beautiful beaches and countryside as well as theatres, museums and galleries. Building on its rich maritime history, Sunderland is rapidly rising as the UK’s next top investment location. Decades of growth and investment in to the city’s infrastructure have seen the city evolve in to a modern centre for manufacturing and digital industries.
Famed for its industrial past, Sunderland is now bringing its previous manufacturing successes in to the future. The global car manufacturing giant Nissan has established their UK headquarters in the city and has dedicated investment towards the city’s bold ‘3, 6, 9 Vision’ which includes a £500m International Advanced Manufacturing Park. This development is set to bring £300m in private sector investment and 5,200 jobs by 2026/7.
In addition to this, Sunderland is now earning a name for itself in the digital sector. Growth in this sector saw Sunderland’s digital jobs grow by 49% between 2011 and 2015. As the Northern capital of digital innovation, Sunderland will capitalise greatly on the strength of the North Easts’ I.T. economy, which is set to be worth £1.1bn by 2020. If you would like to learn in more detail about how Sunderland is growing as a property investment location, please refer to our blog highlighting what Sunderland has to offer for investors.
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POSTCODE FOR LOCATION SR1 1HW
*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase
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|9% NET Rental Return for 3 Years Excluding Ground Rent|
|C3 Planning for Professionals and Students|
|Funds Protected in Escrow for Buyers Security|
|High Rental Demand Area|