Summary - Park Lane House 27 Stockton Road, Sunderland, SR2 SR2 7AQ
1 bed 1 bath Flat
High-yield, hands-off flat close to campus and city transport links.
Turnkey one-bedroom en-suite, fully tenanted through academic year 2025/26
Gross annual income £6,760; net annual income £3,880 after service charge
Asking price £29,750; calculated gross yield 13.04%
Service charge £2,880 p.a. covers maintenance and on-site management
Secure building with concierge, communal lounge and shared kitchen facilities
Located within walking distance of universities and major transport links
Leasehold tenure; council tax band A
Area classed as deprived with very high crime rate; slow broadband speeds
This one-bedroom en-suite flat in Park Lane House is offered as a turnkey, fully tenanted investment with income from day one. Located on Stockton Road close to university campuses and city transport links, the property sits within a large student community and benefits from secure entry, concierge staff and an on-site management team that handles day-to-day running.
Financially the unit delivers a high gross yield (13.04%) at the asking price of £29,750. Annual income of £6,760 becomes a net £3,880 after an annual service charge of £2,880; the service charge covers maintenance and building management. A management pack and full income history are available for buyers wanting verification and detailed cashflow analysis.
Buyers should be clear about the material drawbacks: the property is leasehold, located in an area classed as deprived with a very high crime rate, and broadband speeds are slow. The flat is part of student-focused accommodation, so occupation and rental profile are geared to the academic calendar rather than long-term professional tenancies.
This is primarily an investor opportunity for buyers seeking a hands-off, high-yield asset in a city undergoing development. The secure communal facilities, proven 100% occupancy history and on-site management make this suitable for buyers wanting income without day-to-day landlord duties, but factor in the service charge and local social factors when assessing long-term capital prospects.
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