Studio flat for sale

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Studio flat for sale

Dunn House, 50-56 North Bridge St, Sunderland SR5 1AH
£26,500

Price History

Initial price £28,000
27/12/24 £26,500
Price Change -5.36%

Description

This is an unmissable investment opportunity in Sunderland city centre, offering a tenanted student studio apartment in the popular Dunn House. The spacious double room is fully furnished and features a double bed, study area, kitchenette, and modern ensuite bathroom. Already tenanted for the 2024 academic year, the property is expected to generate a significant return. Located just a short walk from the University of Sunderland's St Peters and City Space campuses, as well as a 24-hour Tesco and other shops, the property is perfectly situated for students. With a gross yield of 25.98% and a net yield of 9.63%, this investment is expected to provide a strong financial return. The property is also situated near the Stadium of Light Metro stop, making it easily accessible to Sunderland and Newcastle city centres. With the demand for private student accommodation in Sunderland at an all-time high, this is an excellent opportunity for investors to get in on the market.