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 %
- Est sale value
- 70,740.00 £Increased by 37.89 %
- Average area rental value
- 863.00 £/moDecreased by 37.87 %
- Est letting value
- 270.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.79 %Decreased by 35.09 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
yieldit marked this listing as sold.
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Beacon Of Light School | Free Schools Alternative Provision | Requires improvement | 0.76 KM |
| Dame Dorothy Primary School | Community School | Good | 0.89 KM |
| Grange Park Primary School | Community School | Outstanding | 0.96 KM |
| Redby Academy | Academy Converter | Good | 0.96 KM |
| St Benet'S Roman Catholic Voluntary Aided Primary School | Voluntary Aided School | Good | 1.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Millennium Way | £ 0 | 0 | 0.00 KM |
| Back North Bridge Street | £ 0 | 0 | 0.00 KM |
| Wearmouth Bridge | £ 0 | 0 | 0.00 KM |
| Whitburn Street | £ 0 | 0 | 0.00 KM |
| Plater Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 0.93 KM |
| Seaham | 7814 | SEA | 9.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Flat , Dunn House, - North Bridge Street, Sunderland | £ 25,000 | BUY | 5 / 10 | 0.03 KM |
| Flat , Dunn House, North Bridge Street, Sunderland | £ 31,000 | BUY | 4 / 10 | 0.03 KM |
| North Bridge Street, Sunderland, SR5 | £ 18,000 | BUY | 5 / 10 | 0.05 KM |
| Dunn House, 50-56 North Bridge Street, SR5 1AH | £ 22,000 | BUY | Unknown | 0.06 KM |
| Dunn House, North Bridge Street, Sunderland, SR5 | £ 22,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1a North Bridge Street | £ 76,000 | 0.03 KM |
| 7a North Bridge Street | £ 50,000 | 0.03 KM |
| 38 North Bridge Street | £ 82,000 | 0.04 KM |
| 16 Rosebery Street | £ 52,000 | 0.23 KM |
| 10 Rosebery Street | £ 130,000 | 0.23 KM |