Studio flat for sale

Dunn House, Sunderland

£40,000

Property Description

Key features

  • 6.5% Yield
  • Fully Managed
  • Hands Off Investment
  • Student Accommodation

Full description

INVESTMENT OPPORTUNITY
This is an excellent oppotunity to invest in the lucrative student accommdation market. A fully managed hands off investment currently yielding 6.5% net / £2616pa.
Dunn House is ideally located in the heart of Sunderland, within walking distance of both university campuses and all local facilities and amenities including, transport, restaurants, shops and clubs.
Fully furnished, this studio is essentially a self-contained unit, allowing students the privacy and space to study in their own surroundings.
All studios are fitted with free high-speed WiFi, storage space, work station and a microwave, hob, sink and fridge freezer. Students also have access to a range of communal facilities including lounge areas, a fully-equipped gymnasium and laundry facilities.
Management fee: 8%pa
Service charge: £410.12per quarter
Ground rent: £150pa
Lease: 250 years from 2012

Typical Bedoom -

Typical Room -

Typical Bathroom -

Communal Areas -

Gym -

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. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.



More information from this agent

Listing History

Added on Rightmove:
15 August 2016

Nearest stations

  • St Peter's (0.2 mi)
  • Stadium of Light (0.4 mi)
  • Sunderland (0.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Thomas Property Group, Chester - Sales

Georgian House, 13 Grosvenor Street, Chester CH1 2DD

01244 955082 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • St Peter's (0.2 mi)
  • Stadium of Light (0.4 mi)
  • Sunderland (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas Property Group, Chester - Sales

Georgian House, 13 Grosvenor Street, Chester CH1 2DD

01244 955082 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26442230. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas Property Group, Chester - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.