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Studio for sale

£49,995

Superior Studio John Street, City Centre, Sunderland SR1

1 1
Interested in this property? Call +44 191 563 0854 * or

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Property features

  • EPC Available On Completion
  • Standard Executive & Superior
  • Fully Furnished Apartments
  • 9% Net Rental Return
  • 3 Year Rental Assurance
  • 61 Self-Contained Studios
  • Completion Scheduled Q4 2017

Property description



*** 61 self contained studios *** 9% net rental return *** 3 year rental assurance *** Jameson House is an exceptional opportunity to invest in an excellent development at the heart of the thriving City of Sunderland.

Location

Located in the heart of Sunderland City Centre with access to local and national rail and bus services via Park Lane Station. Offering an appealing lifestyle with an array of restaurants, cafe's, bars and including Bridges shopping centre all within walking distance.

Our View

Offering Standard, Executive and superior studio apartments, with fully equipped kitchenettes and contemporary ensuite shower rooms. The development also offers a communal outdoor seating cycle storage and laundry facilities.

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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Property info

Market activity
Average price paid £73,187 Sales 17 Current average value £107,025 (Zoopla Zed-Index) Value change £660 ▲ 0.62%

Property value data/graphs for SR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £228,371 - 4.3 -
Semi-detached £109,676 - 2.8 £126,000
Terraced £90,699 £81 2.9 £80,000
Flats £111,205 £140 1.7 £59,774

Current asking prices in SR1

Average: £82,125
Avg. current asking prices in SR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £57,500
(1)
£61,640
(3)
£65,000
(1)
-
Flats £72,462
(4)
£91,222
(20)
£129,950
(2)
- -
All £72,462
(4)
£89,617
(21)
£88,964
(5)
£65,000
(1)
-

Current asking rents in SR1

Average: £543 pcm
Avg. current asking prices in SR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £312 pcm
(1)
£556 pcm
(3)
£451 pcm
(2)
£737 pcm
(5)
£979 pcm
(4)
Flats £426 pcm
(45)
£588 pcm
(41)
£704 pcm
(8)
£303 pcm
(1)
-
All £423 pcm
(46)
£586 pcm
(44)
£653 pcm
(10)
£664 pcm
(6)
£979 pcm
(4)

Fun facts for SR1

Highest value in SR1
Highest value streets Zed-Index
Fawcett Street £230,785
Frederick Street £155,296
West Wear Street £141,239
Foyle Street £130,337
John Street £122,256
Highest turnover in SR1
Highest turnover streets Turnover
Mauds Lane 27.3%
Rosedale Street 21.7%
Winifred Terrace 21.4%
The Leazes 17.5%
Villiers Street 17.3%

What Zoopla users think of Sunderland

Overall rating:

  • currently 4 stars
Very good - 77% (189 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Sunderland:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sunderland (0.1 miles)
  • Seaham (5.1 miles)
  • Heworth (7.6 miles)
  • Newcastle Airport (15.4 miles)
  • Durham Tees Valley Airport (27.5 miles)
  • Leeds Bradford International Airport (72.8 miles)
  • Newcastle International Ferry Terminal (6.6 miles)
  • South Shields Ferry Terminal (6.8 miles)
  • North Shields Ferry Terminal (7.2 miles)

Nearby schools

View all schools in Sunderland
  • Hudson Road Primary School (0.3 miles)
  • Dame Dorothy Primary School (0.6 miles)
  • Valley Road Community Primary School (0.9 miles)
  • Education and Services for People with Autism (0.6 miles)
  • Beacon of Light School (0.8 miles)
  • City of Sunderland College (1.5 miles)
  • St Anthony's Girls' Catholic Academy (0.6 miles)
  • Thornhill Park School (0.6 miles)
  • Argyle House School (0.7 miles)
Note: Distances are straight line measurements

Local info for Sunderland

About the neighbours in SR1

AskMe Q&A for Sunderland

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For more information about this property, please contact
Your Move - Sunderland, SR1 on +44 191 563 0854 * (local rate)

Monthly running costs Beta

£345 Monthly total

Mortgage

Purchase price
Deposit (10%) 4,999
Repayment term 25
Interest rate 1.5
Your payment £179 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £20 Electricity £25 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6300 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sunderland

Estimated tax band A Council tax cost £98 /mo
when paid over 10 months
Council tax costs explained

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.

Water

Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

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.

Contact Your Move - Sunderland about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Your Move - Sunderland, and do not constitute property particulars. Please contact Your Move - Sunderland for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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