Horizon
From £53,495- City Centre Location
- 9% Fully Assured Net Yields
- Completed and Tenanted
- 19.9% Growth Forecast Over 5 Years
- Outstanding Resident Facilities
19.9% 5 Year Forecast
City Centre Position
Completed and Tenanted!
9% NET Yields
HORIZON DEVELOPMENT OFFERS HUGE 9% NET YIELDS
Horizon presents a brand new range of self-contained studio apartments, designed to cater to students and professional commuters in Sunderland, the North East’s growing maritime city.
The high-specification studios at Horizon are centrally located, standing in the heart of Sunderland city centre, and provides potential investors the chance to benefit from a 9% NET rental return (excluding ground rent) assured by the developer for 3 years.
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.
In 2016, Sunderland was voted the UK’s ‘Top Student City’ for landlords by LendInvest owing to its generous rental returns and strong student numbers.
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.
The North East of England represents some of the best investment potential in the UK. Industry experts, Savills, forecast 19.9% capital growth in just 5 years for the region. Now is the time to invest.
HORIZON APARTMENT SPECIFICATIONS
Centrally located, Horizon will provide contemporary high-specification living for Sunderland’s large number of students and young working professionals.
Horizon is made up of 154 self-contained studio apartments, carefully designed to maximise the rental potential of its tenants. Apartments come with a furniture pack included in the purchase price, that provides a range of specially selected furniture to complement the surroundings.
Each bedroom contains 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 a coffee table, both of which will have a chair.
Also included in the furniture pack is a fully fitted kitchenette, complete with an integrated microwave/oven, fridge freezer, and twin induction hob.
The bathroom will be fully tiled, including a basin, modern WC, rainfall shower and glass door. Each luxury studio apartment will also come with free WiFi in all communal spaces.
Additionally, the development will provide a variety of communal areas, including a dedicated study area, residents’ gym, cinema room, on-site laundry facilities, and games room.
* For full specification please refer to brochure
Sunderland
Sunderland Provides the Perfect Investor Recipe: High Growth potential and Low Entry Points
The North East is becoming a hotspot for property investors, thanks to remarkable projected growth. Experts Savills forecast 19.9% capital growth over the next 5 years. With huge regeneration plans in the works and a goal to create 20,000 new jobs by 2024, Sunderland is going to be at the centre of this regional uptick.
There is incredible value for money to be had in Sunderland. This maritime city remains one of the cheapest places to buy property in the UK. According to the Land Registry, Sunderland’s average house price at £118,648 is an enormous £114,062 below the average house value for the UK.
While house prices are cheap, rental yields are high, especially in the most central SR1 postcode that generates yields of almost twice the national average. The private rental sector is the fasted growing sector and has doubled in the last 10 years.
Sunderland is a gem of an investment city, and now is the right time to enter the North East’s buoyant property market.
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