Studio apartment

All Saints, Portobello Road, Sunderland, SR6 0DN

Size: 18 sqm

Purchase price

£32,500

Size: 18 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,318
Ground rent £200
Service charge £1,872
Lettings fees £687
Net income £2,559
Gross yield 16.36%
Net yield 7.87%

Incredible NET yields of 7.87% with this fully self contained studio apartment in the popular development - All Saints House - Sunderland


We are pleased to present this modern self-contained studio, with an en suite shower room, double bed, fitted kitchen and workstation/study area. Sized at 22 sqm, this apartment is unusually large and popular with student tenants.

As well as the premium living environment, residents can make use of communal facilities such as a gymnasium and games room. The development lies only a ten-minute walk from the Sir Tom Cowie Campus at the University of Sunderland, which has received £50m of investment in recent years. Residents of All Saints are in an ideal location to make the most of their university experience.

Sunderland’s transport links are extremely convenient, with the Stadium of Light tram stop only a six-minute walk from the development. In addition, the city centre is only a short walk from the development. Home to over 200,000 residents (10% of which are students), Sunderland is a city which is proud of its past but continues to move quickly yet smoothly into a technology-centric future. Sunderland has proved a top destination to live, work and study, with a 20,000-strong student population acting as a testament to the draw of such a dynamic city.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today for more information

Key features

Key features

NET Yield of 7.87%!!

Key features

Tenanted for 18/19 for immediate income

Key features

Popular student development

Key features

Let & managed for ease with experienced agents

Key features

Fully self contained

Key features

Modern & stylish design

Key features

Onsite residents gym

Key features

Local to universities

Key features

Great transport routes to surrounding cities

Incredible NET yields of 7.87% with this fully self contained studio apartment in the popular development - All Saints House - Sunderland More info...

We are pleased to present this modern self-contained studio, with an en suite shower room, double bed, fitted kitchen and workstation/study area. Sized at 22 sqm, this apartment is unusually large and popular with student tenants.

As well as the premium living environment, residents can make use of communal facilities such as a gymnasium and games room. The development lies only a ten-minute walk from the Sir Tom Cowie Campus at the University of Sunderland, which has received £50m of investment in recent years. Residents of All Saints are in an ideal location to make the most of their university experience.

Sunderland’s transport links are extremely convenient, with the Stadium of Light tram stop only a six-minute walk from the development. In addition, the city centre is only a short walk from the development. Home to over 200,000 residents (10% of which are students), Sunderland is a city which is proud of its past but continues to move quickly yet smoothly into a technology-centric future. Sunderland has proved a top destination to live, work and study, with a 20,000-strong student population acting as a testament to the draw of such a dynamic city.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop NET Yield of 7.87%!!
    Tick Desktop Tenanted for 18/19 for immediate income
    Tick Desktop Popular student development
    Tick Desktop Let & managed for ease with experienced agents
    Tick Desktop Fully self contained
    Tick Desktop Modern & stylish design
    Tick Desktop Onsite residents gym
    Tick Desktop Local to universities
    Tick Desktop Great transport routes to surrounding cities
  • LocationLocation

*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 £5,318
Ground rent £200
Service charge £1,872
Lettings fees £687
Net income £2,559
Gross yield 16.36%
Net yield 7.87%

*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.