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Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 110 page views

Since listed: 910 page views

Description

We are pleased to offer this opportunity to invest in this fully furnished luxury studio. The studio is situated in the popular student development – All Saints House offered with parking and already tenanted for immediate income.

All Saints House is in the heart of Sunderland and benefits from being only 0.7 miles from the City Centre and only 1 mile from the University of Sunderland Campus, making it an extremely sought-after accommodation amongst students.

All rooms contain a personal kitchen, en-suite shower room and study area. Additional benefits including 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 the University with around £130m in funding going towards improving its extensive facilities. This has made the student population grow to near-20,000 strong, 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: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £4,950
Ground rent: £200
Service charge: £1,872
Lettings fees: £594
Net income: £2,284
Gross yield: 17.68%
Net yield: 8.16%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-8637

You could get

Fast broadband Fast broadband

Up to 18.1 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sunderland 0.8 miles
  • Seaham 5.8 miles
  • Dame Dorothy Primary School 0.2 miles
  • Grange Park Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sunderland 0.8 miles
  • Seaham 5.8 miles
  • Dame Dorothy Primary School 0.2 miles
  • Grange Park Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in SR6:

  • £154,976
  • Price decrease

  • -£228
  • (-0.147%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £117,271
  • Properties sold

    39

Rental opportunities

£446 pcm

Recent sales nearby

See all recent sales in SR6
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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The Developer

Price history

Sold prices provided by Land Registry
27th Mar 2019 £30,000 Price reduced by £5,000
12th Oct 2018 £35,000 Price reduced by £2,000
11th Oct 2018 £37,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. 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 Yieldit for full details and further information.