Portobello Lane, Sunderland, Tyne And Wear, SR6
PU

Portobello Lane, Sunderland, Tyne And Wear, SR6

By Pure Investor

£ 35,000

Reviews

2 out of 5 stars

Pure Investor says ..

High NET rental yield of 10.2%, and net rental income of £3,569 per annum. Tenanted, and fully managed student property for sale in central Sunderland, offering quick and convenient access to university campus.

Property Oracle says ..

This studio apartment in Sunderland presents an interesting opportunity, particularly for investors. The property is modern and appears to be in good condition. While the lack of private outdoor space might be a drawback for some, the communal areas offer some recreational options. The location, while not central, is near the coast and has access to local amenities and transportation. The standout feature is the price, which is significantly lower than the average for the area, suggesting good value for money. Overall, this property could be a worthwhile investment, especially for those looking for affordable rental opportunities.

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
9
Condition
7
Location
6
Land
1
Bedrooms
0
Bathrooms
0

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
489,766.00 £
Increased by 6.36 %
from 460,462.00 £
Average area rental value
2,264.00 £/mo
Increased by 11.14 %
from 2,037.00 £/mo
Est rental Yield
5.55 %
Increased by 4.52 %
from 5.31 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Redby AcademyAcademy ConverterGood0.57 KM
Dame Dorothy Primary SchoolCommunity SchoolGood0.61 KM
St Benet'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.74 KM
Beacon Of Light SchoolFree Schools Alternative ProvisionRequires improvement1.03 KM
Grange Park Primary SchoolCommunity SchoolOutstanding1.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Millennium Way £ 000.00 KM
Whitburn Street £ 000.00 KM
Back North Bridge Street £ 000.00 KM
Zetland Street £ 144,95000.00 KM
Charles Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN1.32 KM
Seaham7814SEA9.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portobello Lane, Sunderland, Tyne And Wear, SR6 £ 35,000BUY5 / 100.00 KM
Portobello Lane, Sunderland, Tyne And Wear, SR6 £ 38,000BUY6 / 100.00 KM
Portobello Lane, Sunderland, Tyne And Wear, SR6 £ 29,950BUY6 / 100.00 KM
Portobello Lane, Sunderland, Tyne And Wear, SR6 £ 35,000BUY5 / 100.00 KM
Portobello Lane, Sunderland, Tyne And Wear, SR6 £ 32,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
1 All Saints Court £ 103,9770.08 KM
3 All Saints Court £ 243,5000.08 KM
9 All Saints Court £ 121,5750.08 KM
7 All Saints Court £ 182,0000.08 KM
10 Kenton Grove £ 170,0000.15 KM