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Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 23 page views

Since listed: 1048 page views


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 tenanted for immediate income to August 2019.

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 sort after accommodation amongst students.

All rooms contain a personal kitchen, en-suite shower room and 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 the Universities with around £130m in funding going towards improving its extensive facilities. This has only 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! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage - cash buyers only need apply!

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

Financial Breakdown

Gross rent: £5,865
Ground rent: £250
Service charge: £2,443
Lettings fees: £798
Net income: £2,374
Gross yield: 24.44%
Net yield: 9.89%

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-8091

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 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:

  • £160,680
  • Price decrease

  • -£6,186
  • (-3.707%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

  • Properties sold


Rental opportunities

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The Developer

Price history

Sold prices provided by Land Registry
4th May 2020 £24,950 Price reduced by £5,000
31st Mar 2020 £29,950 Price reduced by £2,050
31st Oct 2019 £32,000 Price reduced by £2,000
7th Mar 2019 £34,000 Price reduced by £1,000
5th Feb 2019 £35,000 Price reduced by £13,000
11th Oct 2018 £48,000 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.