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Property Listing Details

Studio for sale

Dunn House, North Bridge Street, Sunderland SR5

Offers over

£22,950

Features

  • 1 bathroom
  • Leasehold
  • Wood floors
  • 9.8% net Yield
  • Close to Sunderland University St Peters Campus
  • Secure intercom System
  • Communal Cleaner on Site nearly everyday.
  • Communal Laundry Room
  • Communal Gym
  • Pool Table

Description

Fantastic investment - 9.8% net return

A Premium quality large Double Bed studio apartment at the popular Dunn House development, in the heart of the city centre. A perfect cash investment with a fantastic return. Currently rented to the end of the academic year July 2018.

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, you'll also have a quick and easy way to reach Sunderland and Newcastle city centres.

The studio has its own kitchen, bathroom and study area, and you'll also get access to the building's onsite gym and a large common room with sky TV and pool table.
Security

Safety and security 24 hour CCTV is recording throughout Dunn House with over 100 cameras monitoring the site for your safety. Fire Extinguishers and/or Fire Blankets are provided in every room and communal areas.
En-suite

The room features an en-suite bathroom /shower room comprising lino flooring and neutral decor as well as a three piece white suite including w.C, sink and shower.
Dedicated shared kitchen

Beyond the self-contained rooms, each room has a shares a dedicated allocated kitchen. Which is fully fitted with all the required goods including ovens/ hobs.
Gym

Free access to the on-site Gym facilities available
Recreational area

A recreational area is also available on the ground floor, with a pool table, TV, tables and chairs etc... Which is available for all residents, an excellent opportunity to meet new friends and neighbours within Dunn House.
Lifts

There are 2 lifts on site providing access to all floors.
Launderette

A launderette is available on site with a small additional charge to use the facilities.
Cleaning

Communal cleaner on site most days to ensure all corridors, communal areas, laundry room, Gym room, and communal kitchens, are clean and tidy

let for the 2017/18 academic year
Let on a 44 week at £105.00 per week
Rent: £4620
Ground Rent: £150.00
Service Charge: £2,058.43
Management Fee: 8% + VAT (£443.52)
9.8% net Yield
Net income: £1968.05

*Please note these figures are an estimate as provided by the vendor and Management Company.

Disclaimer:

This article, whilst believed to be accurate, is a guideline and does not comprise any part of an offer or contract. Purchases should not rely on them as facts, but must satisfy themselves by inspection. Although we aim for accuracy, measurements may be approximate.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Beacon of Light School 0.3 miles
  • Dame Dorothy Primary School 0.3 miles
  • Sunderland 0.6 miles
  • Seaham 5.6 miles

Price history

Sold prices provided by Land Registry
29th Jun 2018 £22,950 Price reduced by £2,000
13th Jun 2018 £24,950 Price increased by £3,000
6th Jun 2018 £21,950 Price increased by £7,000
4th May 2018 £14,950 Price reduced by £5,000
20th Apr 2018 £19,950 Price reduced by £5,000
2nd Apr 2018 £24,950 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by True-Move. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact True-Move for full details and further information.