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Studio
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 luxurious 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 on-site 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 this property offers a high gross yield of 22.58% and net yield of 9.2%. The property can only be purchased with cash and is not eligible for a mortgage. The asking price is not specified, but a financial breakdown is available upon request.