Studio for sale

All Saints, Portobello Lane, Roker, Sunderland SR6

All Saints, Portobello Lane, Roker, Sunderland, Sr6 0Dn

Please note: Due to the size of the units and lease restrictions associated with purpose-built student accommodation (pbsa), these properties are not mortgageable and are available to investment purchasers only. Cash buyers only.

A selection of fully furnished premium studio apartments is available within the popular All Saints House student development in Sunderland.

Ideally located in the heart of Sunderland, the development is just 0.7 miles from the city centre and approximately 1 mile from the University of Sunderland campus. Each self-contained studio benefits from a private kitchenette, en-suite shower room and dedicated study area, with residents also enjoying on-site Wi-Fi and ample parking.

Sunderland remains an established student investment location, with a student population of almost 20,000, including approximately 41% international students, supporting demand for quality student accommodation.

This is an opportunity to acquire individual units or multiple apartments within an established student development, offering flexibility for investors looking to expand their property portfolios.

Please note that these properties may fall within a selective licensing area where charges may apply.

In line with current legislation, student tenancies may be granted on periodic agreements rather than fixed-term contracts. Any rental figures provided are illustrative of a typical 44-week academic year and are subject to change. Please contact us for further information.

Financial Breakdown

Gross Rent: £8,723.00
Net income: £4,037.62
Gross yield: 28.14%
Net yield: 13.02%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08688