27 Stockton Road, Sunderland, SR2
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Turnkey investment
- High yield
- Tenanted
- Great location
- Hands-off investment
- Management pack available
- Great transport links
- Student community
- Park Lane
- Secure
Description
Located on the outskirts of the city centre in a prime location, the secure complex is ideally positioned for access to all local amenities, a vibrant nightlife and a city centre that is subject to significant investment and development in recent years with more modern developments on the way.
Ideally positioned within a large student community, with ease of access to all regional and national transport links as well as within walking distance of the university and college campuses including the medical school.
The property has a 100% occupancy rate history and has been fully let through academic year 2025/26. This is great turnkey investment opportunity with income from Day 1.
The property currently yields a gross annual income of £7,280 with a service charge rate of £2,880, providing net annual income of £4,400. The service charge covers all aspects of on-going maintenance and management with tenants supported by a dedicated on-site team.
The property provides a high yield investment opportunity in a city that is experience significant development and growth.
Purchase Price = £32,500
Annual Income = £7,280
Annual Maintenance and Service Charge = £2,880
NET Profit = £4,400
Yield = 13.54%
Management pack with breakdown of full income history available on request.
The accommodation comprises:
Entry:
Secure entry system at the front aspect of the property.
Concierge Reception:
The concierge reception located at the front of the building provides peace of mind
Communal lounge and TV area:
Well proportioned and providing a community atmosphere for residents.
Communal Kitchen, Dining and Living area:
Quality communal facilities which are well maintained.
Room with en-suite:
En-suite room with double bed, wardrobes and computer desk area.
Council Tax Band
The council tax band for this property is A.
Brochures
Brochure 1- 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
27 Stockton Road, Sunderland, SR2
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Visit our security centre to find out moreDisclaimer - Property reference 24043. 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 The Good Estate Agent, National. 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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