Studio apartment for sale

Dunn House, North Bridge Street, Sunderland, SR5 1AH

Full description

Size: 27 sqm

Student investment opportunity! 7.66% NET yield – experienced management company in place and tenanted for instant income. Enquire now to find out more more info...

We are pleased to offer this luxury student apartment situated in Sunderland’s popular Dunn House. All the apartments are fully furnished and have their own kitchen, bathroom and study area.

The development further benefits from communal areas for the students including a modern gym, common room with a TV and a pool table.

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.

This is the perfect luxury low cost investment with the potential to return high yields instantly as the apartment is already tenanted. Research from online mortgage lender LendInvest has also named Sunderland as the top postcode area for landlords letting properties to students, due to the high demand for student accommodation in the area, low prices and high yields. This is not an opportunity to be missed.

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Key features

Key features Tenanted for instant income - 7.66% NET yield
Key features Onsite gymnasium
Key features Onsite games room
Key features Local to all amenities
Key features Close to Sunderland University
Key features Great transport routes
Key features Fully furnished

Financial Performance*

Purchase price £26,000
Gross rent £4,620
Ground rent £180
Service charge £2,011
Lettings fees £437
Net income £1,992
Gross yield 17.77%
Net yield 7.66%

*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

Dunn House, North Bridge Street, Sunderland, SR5 1AH,

Purchase price £26,000
Gross rent £4,620
Ground rent £180
Service charge £2,011
Lettings fees £437
Net income £1,992
Gross yield 17.77%
Net yield 7.66%

Full description

Student investment opportunity! 7.66% NET yield – experienced management company in place and tenanted for instant income. Enquire now to find out more more info...

We are pleased to offer this luxury student apartment situated in Sunderland’s popular Dunn House. All the apartments are fully furnished and have their own kitchen, bathroom and study area.

The development further benefits from communal areas for the students including a modern gym, common room with a TV and a pool table.

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.

This is the perfect luxury low cost investment with the potential to return high yields instantly as the apartment is already tenanted. Research from online mortgage lender LendInvest has also named Sunderland as the top postcode area for landlords letting properties to students, due to the high demand for student accommodation in the area, low prices and high yields. This is not an opportunity to be missed.

Key features

TicksTenanted for instant income - 7.66% NET yield
TicksOnsite gymnasium
TicksOnsite games room
TicksLocal to all amenities
TicksClose to Sunderland University
TicksGreat transport routes
TicksFully furnished

Amenities

Bicycle Storage Bicycle Storage
City Centre City Centre
Close To Public Transport Close To Public Transport
En Suite En Suite

*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.