Summary - PORTOBELLO LANE, ROKER AVENUE SR6 0DN
1 bed 1 bath Studio
Hands-free investment minutes from the university with strong net yield.
Fully managed student studio with on-site amenities
A compact, purpose-built student studio in the All Saints development, offering hands-free income from a long lease (239 years remaining). The unit is fully managed and currently tenanted through to August 2026, producing an estimated net rental income of £3,570 a year and a high net yield of 10.2% at the guide price of £35,000.
The development was refurbished in 2014 from former halls and provides studio living with a private kitchen, bathroom and study area, plus communal facilities including gym, laundry and an outdoor terrace. Its central Sunderland location is a short 10-minute walk to the University of Sunderland and a 4-minute walk to Stadium of Light Metro — strong fundamentals for ongoing student demand.
Buyers should note the material costs: an annual service charge of about £3,100 and ground rent around £291 reduce gross returns and are significant relative to the asking price. The property sits in a higher-than-average crime area, and images provided are generic — the specific studio cannot be viewed until the tenancy ends.
This is a specialist, income-focused purchase best suited to investors seeking an easy-entry, student-market asset with on-site management and long lease security. It is less suitable for owner-occupiers or buyers seeking immediate vacant possession or low ongoing fees.
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