All Saints House, Portobello Lane, Sunderland
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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Description
Located on Portobello Lane and just 4 minutes from the Stadium of Light Metro.
Located 0.5 miles from the University of Sunderland's St Peter's Campus and just over 1 mile reach of the University's City Campus, this is an appealing block for students and therefore investors. All Saints House accommodation puts you right in the heart of Sunderland's educational hub.
All Saints House, Portobello Lane, Sunderland SR6 0DN is a self contained studio flat currently tenanted for the 2025/26 academic year.
Key features include
- 100% Studio Development: Unlike traditional cluster flats, all 90 units are self-contained. This "luxury" format is in higher demand post-pandemic and commands higher rental premiums.
- Strategic Proximity: Located 0.7 miles from the City Centre and a 10-minute walk from the Sir Tom Cowie Campus (St Peter's). The university's recent £50m+ investment into this campus ensures long-term tenant demand.
- High Occupancy History: Historically, the building has maintained near 100% occupancy during term time, driven by its proximity to the Stadium of Light Metro and local amenities like Tesco Extra.
- Value-Add Amenities: The inclusion of an on-site gym, communal lounge, and outdoor patio allows the building to compete with newer, more expensive developments while maintaining lower entry costs for investors.
- With excellent public transport links, including nearby bus services and the Metro, getting around Sunderland is simple
Sunderland has a growing student market with a lot of demand and hence this is a great time to invest. In wider Sunderland there is significant investment in the city centre regeneration (specifically the Riverside Sunderland project), digital connectivity (pursuing a "Smart City" program) and infrastructure development.
This is instantly income generating. The following numbers are an indication only based off similar studios in the block.
- Net rental after management fee: c.£6,900
- Service Charge and ground rent: c.£3,600
- Net yield at £32k purchase price: 10.3% (£3,300)
- 250 year lease, with c.240 years remaining
DISCLAIMER
While we aim for maximum accuracy and completeness in all descriptions, distances, and floorplans, these figures are strictly approximate. Prospective purchasers are required to conduct a full and independent inspection of the property and its surrounding area. This information is given in good faith but must not be relied upon for the purpose of purchasing. The buyer's legal representative is solely responsible for legally verifying all information during the purchase process.
Tenure: Leasehold (250 years)
Brochures
Brochure- 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.
- Yes
- 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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All Saints House, Portobello Lane, Sunderland
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Visit our security centre to find out moreDisclaimer - Property reference RS0564. 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 Propertynest, Covering UK. 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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