Dunn House, 50-56 North Bridge St, Sunderland SR5 1AH
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Generate income right from completion
- Tenanted student property
- Hands off investment
- Fully managed
- Tenanted for the 2024 term
- Popular development
- Studio apartment
- Ensuite and kitchenette
- Close to University and amenities
- Don't miss out and enquire today
Description
We are pleased to offer this luxury student apartment to the market, situated in Sunderland’s very popular and well-located Dunn House. The spacious double room is offered fully furnished with double bed, study area with desk, fully fitted kitchenette and modern ensuite bathroom. Already tenanted for the 2024 academic year, you can generate an impressive return right from completion.
Dunn House is just a short walk from the St Peters and City Space campuses at The University of Sunderland, and right next to a large 24-hour Tesco and other shops - perfect for convenient student living. And with the Stadium of Light Metro stop nearby, residents will also have a quick and easy way to reach Sunderland and Newcastle city centres.
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.
Financial Breakdown
Gross Rent: £6,000.00
Net income: £1,756.48
Gross yield: 21.43%
Net yield: 6.27%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: 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. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07682
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Dunn House, 50-56 North Bridge St, Sunderland SR5 1AH
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Visit our security centre to find out moreDisclaimer - Property reference YL-07682. 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 yieldit, Manchester. 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.
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