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Norfolk Street, Sunderland, Tyne And Wear, SR1

Key features

  • Key ready & operational
  • Purpose Built Student Accommodation
  • Fully furnished
  • Upgraded/refurbished for long-term income generation
  • Fully managed offering hands off investment

Description

Student Accommodation in Sunderland is a key ready, fully operational tenanted purpose built student accommodation project currently undergoing modernization including heating system and basement works.

This Student Accommodation is closely located near the city centre, next to the main train station and less than a 10-minute walk from the University main campus.

Internal renovations and refurbishments due for summer 24 changeover to include kitchens, communal areas, and bedrooms as part of this Student Accommodation refresh that will enable the management company to increase the rental yields over the next 24 months.

While the renovations are conducted over the next 24 months new owners of units in this Student Accommodation will receive a developer backed 8% per year rental return scheduled to last the 24 months while works are ongoing for peace of mind.

This Student Accommodation enjoys a prime location in the centre of Sunderland, the University only being a short walk away is one of the reasons this property has been successfully operating for years and will continue to operate at capacity for many years to come.

The building is designed to provide comfort with its classic and deluxe en-suites, the en-suites prioritizes privacy and has there own bathrooms inside each room.

The rooms also includes comfy beds, study tables and chairs, free high-speed Wi-Fi, 24-hour surveillance and all-inclusive prices.

Within each room tenants will find thoughtfully laid-out furniture, a private bathroom and common area with kitchen and comforts such as central heating and lighting.

The common amenities are inclusive of a laundry room where tenants can finish all their daily chores, a communal TV to watch their favourite shows and a washing machine.

The main Sunderland train station next door providing quick, direct trains to surrounding areas such as Newcastle and also convenient services to major cities further afield including Leeds, Manchester and a direct train to London.
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.
Communal
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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Norfolk Street, Sunderland, Tyne And Wear, SR1

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We are an online estate agency that specialises in marketing buy to let property, this means the properties you will see listed on our website are all intended to generate rental income from tenants for the properties owners.

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Disclaimer - Property reference RMSSSO0. 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 BTL Property Shop, Covering Nationwide. 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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