All Saints, Sunderland, SR6 0DN

£27,000

KEY FEATURES
  • Low Entry Price
  • Immediate Income
  • Self Contained Studio
  • Free Parking
  • On Site Gym
  • Common Room With Pool Table
  • Top Floor
  • Student Accommodation
  • Close to Restaurants, Shops & Bars
  • Fantastic Transport Links

Financial Performance
Gross rent £3,108
Ground rent £200
Service charge £2,306
Net income £602
Gross yield 11.5%
Net Yield 2.2%
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Mr Investa offers this open plan studio in All saints located on the 2nd floor. Offering immediate income this is great for first time investors or perfect addition to your portfolio.

All Saints House is a 90 unit student accommodation building based in Sunderland. The property was completed by Fortis Group to a very high standard; facilities include a gymnasium, communal lounge, cycle storage, laundry room, communal courtyard and car parking facilities

Located on Portobello Lane and just 4 minutes from the Stadium of Light Metro, students at All Saints House are ideally located for student life in Sunderland.

The property briefly comprises; open plan bedroom / living / kitchen, en suite.

Financial Performance:

Current rent pcm - £259 pcm / £3,108 pa
Service charge & Lettings fee - £2,306 pa
Ground rent - £200 pa

Tenure: 

Leasehold - 250 years 

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.