- Turnkey tenanted student flat with 100% occupancy history
- Gross annual income £7,280; net income £4,400
- High advertised yield 13.54% at £32,500 purchase price
- Service charge £2,880 covers maintenance and on-site management
- Leasehold tenure — review lease length and ground rent
- Location: walking distance to university, strong transport links
- Local issues: very high crime and area deprivation
- Broadband speeds slow; may affect some tenant profiles
This one-bedroom leasehold flat in a secure student complex offers a ready-made, high-yield investment in Sunderland. It comes fully let with a 100% occupancy history for the 2025/26 academic year and on-site management, delivering rental income from day one.
Financially the unit is straightforward: gross annual income £7,280, service charge £2,880 (covers maintenance and management), leaving net income of £4,400 and an advertised yield of 13.54% at the £32,500 purchase price. A management pack with full income history is available to support underwriting and due diligence.
Location is the primary driver: the block sits on the outskirts of the city centre within a large student and young professional community, walking distance to university campuses and strong regional transport links. Communal facilities include concierge reception, lounge, and shared kitchen/dining spaces supported by an on-site team.
Material considerations are plain and important. The property is leasehold and carries a relatively high annual service charge of £2,880; broadband speeds in the area are reported slow. Local area metrics show high crime levels and overall area deprivation, which can affect long-term capital growth and management intensity. Buyers should review the management pack and lease terms carefully before purchase.
