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Studio flat for sale
Dunn House, 50-56 North Bridge St, Sunderland SR5 1AH
£25,500
Dunn House, 50-56 North Bridge St, Sunderland SR5 1AH
£25,500
Price History
Initial price | £28,000 |
27/12/24 | £26,500 |
08/03/25 | £25,500 |
Price Change | -8.93% |
Description
This is an exceptional investment opportunity for students in the heart of Sunderland city centre. The property, located in the popular Dunn House, is a luxurious studio apartment with a double bed, study area, fully fitted kitchenette, and modern ensuite bathroom. Already tenanted for the 2024 academic year, it offers a significant return on investment, with a gross yield of 27% and a net yield of 10.01%. The property is situated near the University of Sunderland's St Peters and City Space campuses, as well as a 24-hour Tesco and other shops, making it an ideal location for students. With the demand for private student accommodation in Sunderland at an all-time high, this is a rare opportunity to invest in a thriving market.