Portobello Lane, Sunderland, Tyne and Wear

8 bedroom Property for sale

£400,000

  • 8 bedrooms
  • 8 bathrooms
  • Key Information:
  • Council Tax: A
  • Tenure: Leasehold

Key Features

  • INVESTMENT OPPORTUNITY
  • Individual Units £50,000
  • Tenure - Leasehold
  • Ideal Student Location

Description

STUDENT STUDIO PORTFOLIO - EIGHT PREMIUM DOUBLE STUDIOS

We are pleased to offer eight ‘premium standard’ double self-contained studios in this well established student accommodation. This represents an excellent opportunity for those wishing to acquire an up and running rental investment in a strong student marketplace, the portfolio is available whole, part or as individual units. The studios are all pre-let for the 2024/25 academic year.

Each studio is presented to an excellent standard with double bed, work station, dining area, fitted kitchen and shower room with toilet. Externally there is a large courtyard providing parking for residents and guests.

Students rent on a bills included basis.

Located on Portobello Lane and just 4 minutes from the Stadium of Light Metro station, opposite Lidl supermarket and under 10 minutes’ walk from the nearby St Peters University campus , All Saints House is truly ideal for student life in Sunderland.

Property Information

Tenure - Leasehold
Lease - 250 years from 14/02/2014
Ground Rent 2024 £228.47 per annum per unit
Service Charge 2024 £2,746.24 per annum per unit
Rental values from £145 per week
Rental Periods between 46 to 51 weeks


Council Tax Band A

Accommodation

There is an onsite accommodation team who can help you throughout your stay with any queries.

Features include:

• WIFI provided by the block management
• Laundries
• CCTV
• Increasing yields
• Onsite gym and large social room
• Outdoor patio
• Free parking
• Flat screen 40’ wall mounted TV’s (licence also included)

Agents Note

For further information please email [email protected]


Location


EPC

EPC for Portobello Lane, Sunderland, Tyne and Wear

Hackett Property

Hackett Property,
Lynas House,
12a Frederick Street,
Sunderland,
SR1 1NA

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