Dunn House, 50-56 North Bridge St, Monkwearmouth, Sunderland SR5 1AH
YI

Dunn House, 50-56 North Bridge St, Monkwearmouth, Sunderland SR5 1AH

By yieldit

£ 20,000

Reviews

2 out of 5 stars

yieldit says ..

UNMISSABLE STUDENT INVESTMENT OPPORTUNITY - 10% NET YIELD AND TENANTED UNTIL 2025! Generate an excellent return with this tenanted student studio apartment in the heart of Sunderland city centre

Property Oracle says ..

This listing presents a studio apartment situated within Dunn House, a student accommodation building in Sunderland city centre. The property’s key selling point appears to be its location and the potential rental yield for investors. Its central location offers easy access to Sunderland’s two university campuses, transport links, and various amenities. The apartment itself is compact, with basic furnishings but appears clean and well-maintained. While the photos show a functional and adequately equipped space, the lack of information regarding the overall size and amenities of the apartment is concerning. The absence of private outdoor space and a plot size of 0.00 sqft is a significant drawback. The price of £20,000 appears relatively affordable when compared to some nearby properties that are noticeably more expensive, however, the limited square footage and the lack of information about the apartment should be taken into account. The high number of comparable properties offered at around the same price suggests it is marketed towards students or investors seeking a rental property. Buyers should request additional information and conduct thorough due diligence before making a purchase decision. The location would be excellent for a student, but may not be suitable for all buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
270.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
216,225.00 £
Decreased by 4.32 %
from 225,977.00 £
Est sale value
70,740.00 £
Increased by 37.89 %
from 51,300.00 £
Average area rental value
863.00 £/mo
Decreased by 37.87 %
from 1,389.00 £/mo
Est letting value
270.00 £/mo
Unchanged by 0.00 %
from 270.00 £/mo
Est rental Yield
4.79 %
Decreased by 35.09 %
from 7.38 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Beacon Of Light SchoolFree Schools Alternative ProvisionRequires improvement0.76 KM
Dame Dorothy Primary SchoolCommunity SchoolGood0.89 KM
Grange Park Primary SchoolCommunity SchoolOutstanding0.96 KM
Redby AcademyAcademy ConverterGood0.96 KM
St Benet'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood1.18 KM

Images

dunnh342024-04-12__12-27-16_20240412_121612.jpg dunnh34IMG_6228_edited.jpg dunnh34IMG_6232_edited.jpg dunnh34IMG_6235_edited.jpg dunnh34IMG_6230_edited.jpg dunnh34IMG_6231_edited.jpg dunnh34IMG_6233_edited.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Millennium Way £ 000.00 KM
Back North Bridge Street £ 000.00 KM
Wearmouth Bridge £ 000.00 KM
Whitburn Street £ 000.00 KM
Plater Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN0.93 KM
Seaham7814SEA9.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat , Dunn House, - North Bridge Street, Sunderland £ 25,000BUY5 / 100.03 KM
Flat , Dunn House, North Bridge Street, Sunderland £ 31,000BUY4 / 100.03 KM
North Bridge Street, Sunderland, SR5 £ 18,000BUY5 / 100.05 KM
Dunn House, 50-56 North Bridge Street, SR5 1AH £ 22,000BUYUnknown0.06 KM
Dunn House, North Bridge Street, Sunderland, SR5 £ 22,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
1a North Bridge Street £ 76,0000.03 KM
7a North Bridge Street £ 50,0000.03 KM
38 North Bridge Street £ 82,0000.04 KM
16 Rosebery Street £ 52,0000.23 KM
10 Rosebery Street £ 130,0000.23 KM