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Studio flat for sale
All Saints, Portobello Lane, Sunderland SR6
£32,000
All Saints, Portobello Lane, Sunderland SR6
£32,000
Our Summary
- 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
- Hands off investment opportunity
Description
This luxury studio apartment is available for investment in the popular student development, All Saints House, located in the heart of Sunderland. The property is fully furnished and features a personal kitchen, en-suite shower room, and study area. With onsite WiFi and ample parking, it's an attractive option for students. Sunderland has seen significant investment in its universities, leading to a growing student population, and demand for private student accommodation has never been higher. The property offers a gross yield of 20.74% and a net yield of 8.06%, making it a lucrative investment opportunity for cash buyers.