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Portobello Lane, Sunderland, Tyne And Wear, SR6

Key features

  • 9.64% NET rental yield
  • 51 weeks AST at £155.00 per week
  • Fully managed and hands free investment
  • Close to (10 mins) major university campus

Description

Spacious double student studio for sale in the popular All Saints development in central Sunderland. Fully managed by Xenia Student Lettings, the studios in the All Saints development offer investors the opportunity for a hands free investment in the hugely popular UK student property market.

All Saints House is a refurbishment of former university halls, which was completed in 2014. Comprising of 3 blocks of 90 fully-furnished and self-contained studios, each unit at All Saints has a private kitchen, bathroom, study area and a single or double bed (dependant on the unit sizes), all designed to provide the ultimate luxury student accommodation. Alongside offering students independent living, this student residence also benefits from an array of onsite amenities from communal areas and gym to a laundry area and communal outdoor terrace.

All Saints, Sunderland - Financials (C207 - Premium Double Studio)
Guide price - £38,000.00
Details below for new academic year - 2025-26
Gross rental income per annum: 51 weeks x £155 per week = £7,905.00 per annum
Less deductions of
Lettings fees (11% plus VAT) = £1,043.46
Annual service charge = £2,750.00
Ground rent = £300.00
New tenancy find = £150.00
Estimated annual net rental income = £3,661.54
High 9.64% NET rental yield

Development Highlights
Unit C207 - Premium Double Student Studio
Fully managed student development
Perfectly located for local amenities
Located just 10 minutes away from the University of Sunderland
Well established management company in place
Array of on site facilities
Lease 250 years from 2014

All Saints, Sunderland - Location
All Saints is located on Portobello Lane and just 4 minutes from the Stadium of Light Metro and just a short 10 minutes away from the University of Sunderland. Located just a short walk away from the city centre and near transport links, student residence at All Saints will benefit from all Sunderland has to offer on their doorstep. Sunderland has seen £130 million invested into university campus' in previous years, with the expectation of it only continuing to grow. Sunderland is a coastline city, renowned as the largest shipping town in England, meaning residence can benefit from stunning picturesque views.

Payment Plan
1. Provide certified ID, proof of address and proof of funds to Pure Investor
2. Reserve your unit with a signed reservation form
3. Pay a £2,000 non-refundable reservation fee
4. Instruct solicitor
5. Remaining balance due on completion
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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Energy performance certificate - ask agent

Portobello Lane, Sunderland, Tyne And Wear, SR6

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

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Years
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Monthly repayments
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We think you can borrow up to
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Disclaimer - Property reference PURSUNALLC207. 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 Pure, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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