Summary - PORTOBELLO LANE, ROKER AVENUE SR6 0DN
1 bed 1 bath Studio
Ready-made student let with management and parking close to university.
Student tenancy contracted for 2025/26, immediate rental income potential|Advertised 10% net yield, fully managed with on‑site team|Fully furnished studio with integrated kitchenette and ensuite shower|Free on‑site Wi‑Fi and off‑street parking included|Leasehold with approximately 240 years remaining|Cash buyers only — no mortgage availability stated|Small studio size, single occupancy use best suited|Local area records above‑average crime; consider insurance/tenant demand
This compact studio is offered as a ready-made investment with a confirmed student tenancy for 2025/26 and an advertised 10% net yield. The unit is fully furnished, comes with free on-site Wi‑Fi and parking, and is part of a managed block with an on-site housing team — useful for absentee landlords seeking low‑touch income.
Located on Portobello Lane, the building sits about 1 mile from the University of Sunderland campus and 0.7 miles from the city centre, with the Stadium of Light Metro station only four minutes away. These transport and amenity links make the studio appropriate for student rental demand and routine short‑term turnover.
Practical considerations: the property is leasehold with c.240 years remaining and is marketed for cash buyers only. The studio is small and suited to single occupancy; the local area records above‑average crime, which may affect future tenant demand or insurance costs. Buyers should also allow for standard wear from student occupation and verify the terms of the existing tenancy and management agreement before purchase.
For an investor seeking immediate rental income from student accommodation, this unit offers simple entry and hands‑off management. Ensure you review the tenancy paperwork, service charges, and any block rules to confirm long‑term suitability and expected net returns.
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