For SaleApartment in Portobello Lane, Sunderland, SR6 0DN£35,000
Property Type
Apartment
Bathrooms
× 1
Tenure
Leasehold
Price
£35,000
Key Features
- Perfect Investment Property
- Easy Access To Local Amenities
- Well Presented Interior
- Great Transport Links
- 4 minutes from the Stadium of Light Metro
- Spacious Apartment
Resources
Description
*ATTENTION INVESTORS - 10.5% NET YIELD- LUCRATIVE OPPORTUNITY* Studio flat located on Portobello Lane (4 minutes from the Stadium of Light Metro). All Saints House is located only 0.7 miles from the City Centre and only 1 mile from the University of Sunderland Campus, making it an extremely attractive area for students. The building has free onsite parking and there is an onsite accommodation team to help with queries. This studio contains a single bed with bedside table, study area with chair, kitchen and en-suite shower room. Please note this investment is for CASH BUYERS ONLY Price – £32,000 (cash purchase) Annual Financial Info: GROSS Rental Income – £7497 (£147pw x 51 weeks) GROSS Yield – 23% Ground Rent – £304 Service Charge – £2812 Lettings Fees – £1012 NET Rental Income – £2969 NET Yield – 10.5%
