JH106

Sunderland

PROPERTY TYPE:

Property Reference – JH106
Student Accommodation
Studio Apartments

PURCHASE PRICE:

From £39,995

RETURNS:

9% NET per annum (Excluding ground rent)
3-year rental assurance

OTHER HIGHLIGHTS:

Hands off investment, fully managed income generating asset
Less than 0.5 miles from the University of Sunderland
Zero stamp duty
Experienced student management company
250 Year lease
Completion Scheduled Q4 2017
Fully Furnished

Overview

Offering its residents contemporary boutique living, this unique student development is located in the consistently growing city of Sunderland located in the North East of England.

Ranging from standard, executive and superior studio apartments, this converted row of townhouses provides fully furnished and comfortable living in the heart of Sunderland, which was awarded the title of “Top Student Town” for landlords in 2016. The city is home for nearly 19,500 students from over 100 countries.

This unique conversation of townhouses offers investors a rental return of 9% NET for 3 years with prices starting from £39,995.

Location overview

Sunderland is a thriving city with a lot of opportunities for its residents with 80 international companies, such as Nike and Nissan, having relocated to the city, catering to over 25,000 employees.

Sunderland city council is investing money in the city centre to breathe new life into the city. Redevelopment projects comprise a new 1.8million public square which was completed in 2015.

Where is the property located?

15-17 John Street, Sunderland, SR1 1HT

What’s Nearby?