All Saints House is a student accommodation complex comprising of 90 fully-furnished, self-contained studios. All studios contain their own personal kitchen, en-suite shower room and study area, whilst rents are inclusive of all utilities and high speed broadband.
All Saints - Investment Highlights Fully tenanted student studios for sale 18 sqm student studios Fully managed hands free investment High returns - 4910 net per year (based on 2018/19) Net Yield of 6.9% per year
All Saints Complex is located within a ten minute walk of the newly regenerated Sir Tom Cowie Campus at the University of Sunderland, students are in an ideal location for commuting to the University site.
Nearby transport links offer fantastic convenience, with the Stadium of Light Metro Station within a five minute walk. A large Tesco supermarket, Lidl and Retail Park are all within very short walking distance.
All Saints is a fully managed student development, and one of the country's leading student management companies are contracted for the development on a long term basis. On site there is a communal lounge, communal gym too, as well as a property manager on site.
We have been advised that the Service charge for the property last year it was 1,871.91 p/a The current property has approximately 250 years left The Lettings and Management charge for the property are 8% + VAT
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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.
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.