Studio apartment

Dunn House, 50-56 North Bridge Street, Sunderland, SR5 1AH

Size: sqm

Purchase price

£34,500

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,980
Ground rent £180
Service charge £2,421
Lettings fees £612
Net income £2,768
Gross yield 17.33%
Net yield 8.02%

UNMISSABLE STUDENT INVESTMENT OPPORTUNITY! Generate an excellent 8% NET return with this tenanted student studio apartment in the heart of Sunderland city centre.

We are pleased to offer this luxury student apartment to the market, situated in Sunderland’s very popular and well-located Dunn House. The spacious double room is offered fully furnished with double bed, study area with desk, fully fitted kitchenette and modern ensuite bathroom. Already tenanted for the 2024 academic year, you can generate an impressive 8% NET return right from completion.

Dunn House is just a short walk from the St Peters and City Space campuses at The University of Sunderland, and right next to a large 24-hour Tesco and other shops - perfect for convenient student living. And with the Stadium of Light Metro stop nearby, residents will also have a quick and easy way to reach Sunderland and Newcastle city centres.

Over the last 20 years, Sunderland has invested substantially in the Universities with around £130m in funding going towards improving its extensive facilities. This has only made the student population grow to near-20,000 strong, of which 41% are from overseas and desire private student accommodation in the area. This makes Sunderland a perfect place to invest in student accommodation as the demand has never been higher!

UNMISSABLE STUDENT INVESTMENT OPPORTUNITY! Generate an excellent 8% NET return with this tenanted student studio apartment in the heart of Sunderland city centre.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Cash buyers only

Key features

Self contained studio apartment

Key features

Spacious double room

Key features

Fully furnished

Key features

Kitchenette and ensuite

Key features

Tenanted for the 2024 academic year

Key features

Perfect convenient location

Key features

High tenant demand

Key features

Enquire for video and further information

UNMISSABLE STUDENT INVESTMENT OPPORTUNITY! Generate an excellent 8% NET return with this tenanted student studio apartment in the heart of Sunderland city centre. More info...

UNMISSABLE STUDENT INVESTMENT OPPORTUNITY! Generate an excellent 8% NET return with this tenanted student studio apartment in the heart of Sunderland city centre.

We are pleased to offer this luxury student apartment to the market, situated in Sunderland’s very popular and well-located Dunn House. The spacious double room is offered fully furnished with double bed, study area with desk, fully fitted kitchenette and modern ensuite bathroom. Already tenanted for the 2024 academic year, you can generate an impressive 8% NET return right from completion.

Dunn House is just a short walk from the St Peters and City Space campuses at The University of Sunderland, and right next to a large 24-hour Tesco and other shops - perfect for convenient student living. And with the Stadium of Light Metro stop nearby, residents will also have a quick and easy way to reach Sunderland and Newcastle city centres.

Over the last 20 years, Sunderland has invested substantially in the Universities with around £130m in funding going towards improving its extensive facilities. This has only made the student population grow to near-20,000 strong, of which 41% are from overseas and desire private student accommodation in the area. This makes Sunderland a perfect place to invest in student accommodation as the demand has never been higher!

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Cash buyers only
    Tick Desktop Self contained studio apartment
    Tick Desktop Spacious double room
    Tick Desktop Fully furnished
    Tick Desktop Kitchenette and ensuite
    Tick Desktop Tenanted for the 2024 academic year
    Tick Desktop Perfect convenient location
    Tick Desktop High tenant demand
    Tick Desktop Enquire for video and further information
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,980
Ground rent £180
Service charge £2,421
Lettings fees £612
Net income £2,768
Gross yield 17.33%
Net yield 8.02%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.