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Studio for sale

£69,950

Sunderland House, 42-45 Nile Street, Sunderland SR1

1
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Property features

  • Studio Apartments From Just £69,950
  • Fully Furnished, Self Contained Apartments
  • 8.5% net Assured Rental Yield For Three Years
  • Prime City Centre Location
  • New Build Development
  • 10 Year New Build Development
  • Balconies To Some Apartments
  • 2017 Completion
  • Fully Managed/ Hands Off Development

Property description

Sunderland House is situated within the North Eastern sector of the City and comprises of stylish studios, one, two and three bedroom apartments, all of which represent the ultimate in luxury housing. Each apartment is designed to offer a high specification, contemporary finish, whilst maximising the use of space and natural light. The result is a collection of stunning apartments which deliver in terms of quality, aesthetics and comfort. With its central location, Sunderland House is at the heart of the historic City and all that it has to offer. From its large shopping centre, to the nearby multiscreen cinema, residents of Sunderland House are in a prime location to make the most of the many amenities and leisure facilities in close proximity. For those wishing to take advantage of the relaxing, less urbanised areas of the City, there is also the opportunity to enjoy numerous vast open spaces, including the newly completed £2million Sunniside Gardens. These gardens were developed as part of a £130 million regeneration project in the area, which includes a £6m business and arts centre.The extensive transport links around Sunderland House, including the nearby National Rail and Metrolink stations, are also an attractive trait of this development, particularly for those wishing to commute out of the City. He exquisite interiors, the impressive exterior, the central location, and the proximity to great transport links and leisure facilities, makes Sunderland House an unmissable opportunity for those wishing to reside in this beautiful city. Sunderland House is the perfect investment opportunity available on the market.
Market activity
Average price paid £56,537 Sales 37 Current average value £105,962 (Zoopla Zed-Index) Value change £2,506 ▲ 2.42%

Property value data/graphs for SR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £224,494 - 4.3 -
Semi-detached £108,191 - 2.8 -
Terraced £90,418 £81 2.9 £58,312
Flats £110,445 £138 1.7 £56,048

Current asking prices in SR1

Average: £92,808
Avg. current asking prices in SR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £124,995
(1)
- - £64,950
(1)
Flats £84,978
(13)
£102,389
(18)
£98,712
(4)
- -
All £84,978
(13)
£103,578
(19)
£98,712
(4)
- £64,950
(1)

Current asking rents in SR1

Average: £546 pcm
Avg. current asking prices in SR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £415 pcm
(3)
£515 pcm
(8)
£578 pcm
(5)
£664 pcm
(3)
£1,595 pcm
(2)
Flats £431 pcm
(73)
£594 pcm
(47)
£758 pcm
(14)
- £325 pcm
(1)
All £431 pcm
(76)
£583 pcm
(55)
£711 pcm
(19)
£664 pcm
(3)
£1,171 pcm
(3)

Fun facts for SR1

Highest value in SR1
Highest value streets Zed-Index
West Wear Street £140,369
Frederick Street £138,593
Foyle Street £128,218
Norfolk Street £122,276
John Street £121,134
Highest turnover in SR1
Highest turnover streets Turnover
Cork Street 25.0%
Winifred Terrace 21.4%
Rosedale Street 19.6%
Mauds Lane 18.2%
Villiers Street 17.3%

What Zoopla users think of Sunderland

Overall rating:

  • currently 4 stars
Very good - 76% (174 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Sunderland:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sunderland (0.2 miles)
  • Seaham (5.0 miles)
  • Heworth (7.8 miles)
  • Newcastle Airport (15.6 miles)
  • Durham Tees Valley Airport (27.5 miles)
  • Leeds Bradford International Airport (72.8 miles)
  • Newcastle International Ferry Terminal (6.7 miles)
  • South Shields Ferry Terminal (6.8 miles)
  • North Shields Ferry Terminal (7.3 miles)

Nearby schools

View all schools in Sunderland
  • Hudson Road Primary School (0.2 miles)
  • Dame Dorothy Primary School (0.6 miles)
  • Valley Road Community Primary School (0.8 miles)
  • Education and Services for People with Autism (0.6 miles)
  • City of Sunderland College (1.6 miles)
  • Springwell Dene School (2.2 miles)
  • Sunderland High School (0.6 miles)
  • St Anthony's Girls' Catholic Academy (0.7 miles)
  • St Anthony's Catholic Girls' School (0.7 miles)
Note: Distances are straight line measurements

Local info for Sunderland

AskMe Q&A for Sunderland

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For more information about this property, please contact
Hermes Great Estate, CM13 on 01277 298657 * (local rate)

Monthly running costs Beta

£382 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,995
Repayment term 25
Interest rate 0.5
Your payment £223 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy Gas £21 Electricity £25 Estimated energy cost £46/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6300 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sunderland

Estimated tax band A Council tax cost £90 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hermes Great Estate, and do not constitute property particulars. Please contact Hermes Great Estate for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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