Flat 3C, Park Lane House, Stockton Road, Sunderland, Tyne and Wear SR2 7AQ
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Description
Auction Commencing on Monday 13th April at 1pm and ending 24 hours later on Tuesday 14th April from 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
Income producing student investment in central Sunderland – let at £135 per week.
A well-presented student investment opportunity located in the popular Park Lane House student development, positioned on Stockton Road in Sunderland city centre. The property is ideally located for access to the University of Sunderland City Campus, Park Lane Interchange and a wide range of local amenities including shops, cafes, transport links and leisure facilities.
Flat 3C forms part of a professionally managed student accommodation building operated by Cloud Student Homes, offering modern facilities and communal amenities designed for student living.
The accommodation briefly comprises a private furnished bedroom with study area and storage, along with access to a shared modern kitchen and lounge area equipped with integrated appliances. Residents also benefit from communal social areas, laundry facilities and secure building access.
The room is currently let under an Assured Shorthold Tenancy generating £135 per week, equating to £6,210 per annum, with the tenancy running from 6 September 2025 until 24 July 2026 (322 days). Rent is inclusive of gas, electricity, water and internet, providing a straightforward and attractive investment for landlords seeking a hands-off student asset.
Park Lane House is a popular choice for students due to its central location, proximity to the university and public transport links, ensuring consistent demand for accommodation within the building.
Key Features
•{tab}Student investment opportunity
•{tab}Let at £135 per week (£6,210 per annum)
•{tab}Tenancy until 24 July 2026
•{tab}Furnished bedroom with study space
•{tab}Access to shared kitchen and lounge
•{tab}Communal facilities including laundry and social spaces
•{tab}Professionally managed development
•{tab}Excellent city centre location
•{tab}Close to University of Sunderland and Park Lane transport interchange
Tenure
Leasehold (details to be confirmed in the legal pack).
Investment Summary
An attractive income-producing student investment located within a well-established managed student development in Sunderland, offering immediate rental income and strong ongoing tenant demand.
Tenure: Leasehold
EPC Rating: ordered
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser 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
Flat 3C, Park Lane House, Stockton Road, Sunderland, Tyne and Wear SR2 7AQ
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Visit our security centre to find out moreDisclaimer - Property reference 202603100854sq_li9v. 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 Auction House, North East. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North East on 0191 917 9650.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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