8 bedroom flat for saleAll Saints - Portobello Lane, Roker, Sunderland, Tyne and Wear, SR6 0DN
A CHANCE TO PURCHASE 8 APARTMENTS ON THE SAME COMPLEX
(DESCRIPTION BELOW IS BASED ON ONE APARTMENT)
All Saints House is a student accommodation complex comprising of 90 fully-furnished, self-contained studios. All studios contain their own personal kitchen, en-suite shower room and study area, whilst rents are inclusive of all utilities and high speed broadband.
All Saints - Investment Highlights
Fully tenanted student studios for sale
18sqm student studios
Fully managed hands free investment
High returns - �4,324 net per year (based on 2015/6)
Net Yield of 8.47% per year
All Saints Complex is located within a ten minute walk of the newly regenerated Sir Tom Cowie Campus at the University of Sunderland, students are in an ideal location for commuting to the University site.
Nearby transport links offer fantastic convenience, with the Stadium of Light Metro Station within a five minute walk. A large Tesco supermarket, Lidl and Retail Park are all within very short walking distance.
All Saints is a fully managed student development, and one of the country's leading student management companies are contracted for the development on a long term basis. On site there is a communal lounge, communal gym too, as well as a property manager on site.
We have been advised that the Service charge for the property last year it was �1,613.85 p/a
The current property has approxamitely 250 years left
The Lettings and management charge for the property is 8% + VAT
To place an offer on this development, please call the Pattinson Sunderland sales team on 01915143929
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