Studio apartment

All Saints, Portobello Lane, Sunderland, SR6 0DN

Size: 18 sqm

Purchase price

£40,000

Size: 18 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,375
Ground rent £200
Service charge £2,352
Lettings fees £842
Net income £2,982
Gross yield 15.94%
Net yield 7.45%

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

We are pleased to offer the 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 just 1 mile from the University of Sunderland campus, making it an extremely sought-after accommodation amongst students.

All rooms contain a personal kitchen, an en-suite shower room and a 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 its university, with around £130m in funding going towards improving its extensive facilities. This has only made the student population grow and it now stands at almost 20,000, 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!

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

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Low entry price and high yield with this student investment opportunity with parking in Sunderland, perfect first time investment

Interested in this property? Enquire today for more information

Key features

Key features

Student property investment opportunity

Key features

7.45% NET yield

Key features

Tenanted until September 2023

Key features

Generate instant income

Key features

Studio apartment

Key features

Fully furnished

Key features

En-suite, shower room

Key features

First floor

Key features

Excellent location and popular development

Key features

Close to university and amenities

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Low entry price and high yield with this student investment opportunity with parking in Sunderland, perfect first time investment More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

We are pleased to offer the 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 just 1 mile from the University of Sunderland campus, making it an extremely sought-after accommodation amongst students.

All rooms contain a personal kitchen, an en-suite shower room and a 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 its university, with around £130m in funding going towards improving its extensive facilities. This has only made the student population grow and it now stands at almost 20,000, 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!

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

  • Key features
    Tick Desktop Student property investment opportunity
    Tick Desktop 7.45% NET yield
    Tick Desktop Tenanted until September 2023
    Tick Desktop Generate instant income
    Tick Desktop Studio apartment
    Tick Desktop Fully furnished
    Tick Desktop En-suite, shower room
    Tick Desktop First floor
    Tick Desktop Excellent location and popular development
    Tick Desktop Close to university and amenities
  • 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 £6,375
Ground rent £200
Service charge £2,352
Lettings fees £842
Net income £2,982
Gross yield 15.94%
Net yield 7.45%

*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.