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Dunn House, North Bridge Street, Sunderland, SR5

3rd Floor - Studio
1

Key features

  • 10.3% NET Yield
  • Tenanted For The Upcoming Academic Year 2024/25
  • 3rd Floor Fully Furnished Deluxe Studio Apartment
  • Double Bed, Study Area, Kitchenette & Ensuite Shower Room
  • Views Over The Stadium of Light / Sunderland AFC
  • Superb On-Site Facilities; Gym, Common Room & Laundry Room
  • Excellent Public Transport Links
  • Walking Distance to Local Shops, Bars & Restaurants
  • 0.5 Mile to the University Of Sunderland
  • 0.5 Mile to Sunderland City Centre

Description

10.3% NET Yield!
Confirmed Tenancy for the 2024/25 Academic Year!

A superb entry level cash investment opportunity with this self-contained and FULLY FURNISHED DELUXE STUDIO APARTMENT. In brief the property comprises; fully furnished bedroom/reception room with study area enjoying West facing views over the Stadium of Light (Sunderland AFC), kitchenette and ensuite shower room.

GREAT LOCATION for students just half a mile from the University of Sunderland, along the River Wear, and Sunderland city centre with plenty of shops, bars, cafe's and restaurants nearby. Excellent public transport links.

Students benefit from use of the on-site communal facilities including; gymnasium, bike store, laundry room, common room with TV, pool table and table tennis. Superfast broadband within the building.

Tenanted for the upcoming 2024/25 academic year from 7th September 2024 to 1st August 2025!

Rental Income: £135 per week / £6,345 per annum based on a 47 week contract
Service Charge: £2,720 per annum
Ground Rent: £150 per annum
Lettings Fee 8.5% + VAT: £647.19 per annum

NET Income: £2,827.81
NET Yield: 10.3%

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.
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

Dunn House, North Bridge Street, Sunderland, SR5

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St Peter's Tram Stop0.2 miles
  • Stadium of Light Metro Station0.4 miles
  • Sunderland Station0.5 miles

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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
Industry affiliations:Industry affiliation logo 0

We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

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Disclaimer - Property reference MSN-38682819. 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 Mr Investa Ltd, Salford. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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