Studio

Portobello Lane, 
Sunderland, 
SR6 0DN
Purchase price
£32,000
  • Tenanted
HANDS OFF INVESTMENT YIELDING 7.93% NET OF ALL FEES! Tenanted student buy-to-let investment opportunity in Sunderland located near the city centre, university and local amenities.
  • Financial Performance*
Gross rent
£7,612
Ground rent
£379
Service charge
£3,100
Lettings fees
£1,005
Net income
£3,128
Gross yield
23.79%
Net yield
9.77%
  • Key Features
  • Hands off investment opportunity
  • Private student accomodation
  • Studio apartment
  • Fully furnished
  • Block A
  • Ensuite and kitchenette
  • Residents communal areas
  • Ideal location
  • 7.93% NET return
  • Enquire today for videos and further details

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property – cash buyers only need apply!

We are pleased to offer the opportunity to invest in this fully furnished luxury studio apartment. The studio is situated in the popular student development, All Saints House.

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 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: In line with the Renters Reform Act, student tenancies are let on periodic agreements rather than fixed-term contracts. Figures are illustrative of a 44-week term in line with the academic year but are subject to change. Please enquire for further information.

  • Financial Performance *
Gross rent
£7,612
Ground rent
£379
Lettings fees PA
£1,005
Service charge
£3,100
Net income
£3,128
Gross yield
23.79%
Net yield
9.77%

Fill in your details below to enquire about property YL-08187
Studio

Portobello Lane, 
Sunderland
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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