£38,000 /Sale price

Spacious double student studio for sale in the popular All Saints development in central Sunderland. Fully managed by Xenia Student Lettings, the studios in the All Saints development offer investors the opportunity for a hands free investment in the hugely popular UK student property market. All Saints House is a refurbishment of former university halls, which was completed in 2014. Comprising of 3 blocks of 90 fully-furnished and self-contained studios, each unit at All Saints has a private kitchen, bathroom, study area and a single or double bed (dependant on the unit sizes), all designed to provide the ultimate luxury student accommodation. Alongside offering students independent living, this student residence also benefits from an array of onsite amenities from communal areas and gym to a laundry area and communal outdoor terrace. All Saints, Sunderland - Financials (C207 - Premium Double Studio) Guide price - £38,000.00 Details below for new academic year - 2025-26 Gross rental income per annum: 51 weeks x £155 per week = £7,905.00 per annum Less deductions of Lettings fees (11% plus VAT) = £1,043.46 Annual service charge = £2,750.00 Ground rent = £300.00 New tenancy find = £150.00 Estimated annual net rental income = £3,661.54 High 9.64% NET rental yield Development Highlights Unit C207 - Premium Double Student Studio Fully managed student development Perfectly located for local amenities Located just 10 minutes away from the University of Sunderland Well established management company in place Array of on site facilities Lease 250 years from 2014 All Saints, Sunderland - Location All Saints is located on Portobello Lane and just 4 minutes from the Stadium of Light Metro and just a short 10 minutes away from the University of Sunderland. Located just a short walk away from the city centre and near transport links, student residence at All Saints will benefit from all Sunderland has to offer on their doorstep. Sunderland has seen £130 million invested into university campus' in previous years, with the expectation of it only continuing to grow. Sunderland is a coastline city, renowned as the largest shipping town in England, meaning residence can benefit from stunning picturesque views. Payment Plan 1. Provide certified ID, proof of address and proof of funds to Pure Investor 2. Reserve your unit with a signed reservation form 3. Pay a £2,000 non-refundable reservation fee 4. Instruct solicitor 5. Remaining balance due on completion