Studio flat for sale

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Studio flat for sale

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.