Studio apartment for sale

All Saints House, Portobello Lane, Sunderland SR6 0DN

Full description

Size: 18 sqm

Excellent cash investment opportunity offering low entry prices and 6% NET yields! Diversify your portfolio today with this fantastic student accommodation in the heart of Sunderland. more info...

We are pleased to offer this opportunity to invest in this fully furnished luxury studio. The studio is situated in the popular student development – All Saints House.

All Saints House is in the heart of Sunderland and benefits from being only 0.7 miles from the City Centre and only 1 mile from the University of Sunderland Campus, making it an extremely sought after accommodation among students.

All rooms contain a personal kitchen, en-suite shower room and study area. Additional benefits include onsite WIFI and ample parking making this one of the most attractive developments for students in the area.

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 40% 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!

Less info

Key features

Key features Low entry price & 6% NET yield!
Key features Popular student development
Key features Close to local amenities
Key features Local to transport
Key features Onsite gym
Key features Ample parking

Financial Performance*

Purchase price £37,000
Gross rent £4,900
Ground rent £200
Service charge £1,872
Lettings fees £588
Net income £2,240
Gross yield 13.24%
Net yield 6.05%

*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.

Studio apartment for sale

All Saints House, Portobello Lane, Sunderland SR6 0DN,

Purchase price £37,000
Gross rent £4,900
Ground rent £200
Service charge £1,872
Lettings fees £588
Net income £2,240
Gross yield 13.24%
Net yield 6.05%

Full description

Excellent cash investment opportunity offering low entry prices and 6% NET yields! Diversify your portfolio today with this fantastic student accommodation in the heart of Sunderland. more info...

We are pleased to offer this opportunity to invest in this fully furnished luxury studio. The studio is situated in the popular student development – All Saints House.

All Saints House is in the heart of Sunderland and benefits from being only 0.7 miles from the City Centre and only 1 mile from the University of Sunderland Campus, making it an extremely sought after accommodation among students.

All rooms contain a personal kitchen, en-suite shower room and study area. Additional benefits include onsite WIFI and ample parking making this one of the most attractive developments for students in the area.

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 40% 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

TicksLow entry price & 6% NET yield!
TicksPopular student development
TicksClose to local amenities
TicksLocal to transport
TicksOnsite gym
TicksAmple parking

Amenities

Bicycle Storage Bicycle Storage
Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport

*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.