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studio flatPortobello Lane, Sunderland, SR6 0DN

Under offer

Listing Description


Looking for a straightforward investment with income from day one? This modern, purpose-built studio at All Saints House ticks the boxes. Set on Portobello Lane, it’s a short walk to the Stadium of Light Metro and within easy reach of both university campuses, making it a reliable choice for student tenants. The studio is fully self-contained, offering privacy and convenience that today’s students value. The wider development is made up entirely of studios, giving it a more independent feel than traditional shared flats. Residents also benefit from shared extras like a gym, lounge and outdoor space, helping the building stand out without pushing up costs. Location-wise, you’re close to St Peter’s Campus and just over a mile from the City Campus, with shops, transport links and everyday essentials nearby. It’s a well-connected spot that keeps things simple for tenants and supports consistent demand. The property is currently tenanted for the 2025/26 academic year, so you can step straight into an income-generating investment. Sunderland itself continues to see growth, with ongoing regeneration and investment across the city adding to its long-term appeal. Investment snapshot (indicative) • Net rent after management: approx. £6,900 • Service charge and ground rent: approx. £3,600 • Estimated net yield: around 10.3% at £32,000 purchase price


Address
Portobello Lane, Sunderland, SR6 0DN
Price
£24,000
Property Type
Flat
Bedrooms
0
Bathrooms
1
Tenure
Leasehold
  • Flat
  • Self-contained studio in a student development
  • Let for the 2025/26 academic year
  • Approx. 0.5 miles to St Peter’s Campus
  • Close to Metro and local amenities
  • Easy reach of City Campus & Sunderland city centre
  • On-site gym, communal lounge and outdoor space
  • Long lease with approx. 240 years remaining
  • Strong rental demand in a growing student market

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Your property price

£300,000

High street agent (1.3%)
£4,680
Purplebricks fixed fee (0.53%)
£1,599
You could save
£3,081

Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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