Investment Type: STUDENT AND RESIDENTIAL
Est. Completion: COMPLETED
Tenancy: Tenanted at £325pcm - rolling contract
Potential Gross Rental: £3,900 per annum
Service Charge: Estimated £867 per annum
Management Fee: 7% + VAT per annum
Ground Rent: £150 per annum
Potential NET Rental: £2,555.40
Pure Investor are delighted to present studio 8 at Horizon, Sunderland.
Horizon is a completed and tenanted city centre renovation, comprising 154 deluxe and superior studios to Sunderland’s growing student and young professional rental market. Studio 8 is situated on the ground floor and comes with a fully fitted kitchenette and shower room
Key to the appeal of the Horizon development is that it benefits from both residential and student planning approval. The city centre location, in close proximity to both the commercial centre and local university, caters for the high level of rental demand from both the young professional and student tenant audiences. Horizon has also been recently listed on Air B&B.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Horizon is perfectly located for young professionals and students in central Sunderland. Student residence will benefit from being located a short walk from two campus’ at the University of Sunderland (Sir Thomas Cowie Campus and City Campus), alongside an array of amenities on their doorstep.
Sunderland central train station – 0.27 miles
Empire cinema – 0.28 miles
Sunderland metro station – 0.29 miles
Bridges shopping centre – 0.31 miles
University of Sunderland, Sir Thomas Cowie Campus – 0.44 miles
University of Sunderland, City Campus – 0.65 miles
Sunderland football club stadium – 0.76 miles
Call our team today on +44 (0) 161 337 3890
The University of Sunderland is one of the largest Higher Education providers in the North East, with thousands of students competing every year for limited spaces.
A report in 2016 that analysed the pipeline of accommodation, and the growth in student numbers in Sunderland, forecasted that as many as 4,090 bed spaces could be needed in Sunderland over the next 5 years.
With the University of Sunderland seeking to attract more students by investing heavily in its facilities, the total stock of properties could diminish further, placing upwards pressure on the cost of student rents in the city.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.
We look forward to hearing from you!