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See how verdicts workStudio flat · SR5 1AH
For saleReduced £1k (−3.8%) on 9 JulListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Located c.0.75 miles from the University of Sunderland's St Peter's Campus and within 1 mile reach of the University's City Campus, this is an appealing block for students and therefore investors.
Unit 402 Dunn House 50-56, North Bridge Street, Sunderland, SR5 1AH is a self contained studio flat currently tenanted for the 2025/26 academic year.
Key features include - Self-contained studio fully furnished and includes a bed, study space, kitchen, and private toilet/shower room - Excellent access to nearby shops and restaurants.
- A stones throw away from the Stadium of Light - With excellent public transport links, including nearby bus services and the Metro, getting around Sunderland is simple.
Sunderland has a growing student market with a lot of demand and hence this is a great time to invest.
In wider Sunderland there is significant investment in the city centre regeneration (specifically the Riverside Sunderland project), digital connectivity (pursuing a "Smart City" program) and infrastructure development.
This is instantly income generating. The following numbers are an indication only based off similar studios within the block.
- Rental: £6,480 - Service Charge: £3,496 - Ground rent: £150 - Indicative net yield at £26k purchase price: 8.4% (after allowing for management fee on rental) - Original leases 250 years, c.230 years remaining.
Disclaimer While we aim for maximum accuracy and completeness in all descriptions, distances, and floorplans, these figures are strictly approximate.
Prospective purchasers are required to conduct a full and independent inspection of the property and its surrounding area.
This information is given in good faith but must not be relied upon for the purpose of purchasing.
The buyer's legal representative is solely responsible for legally verifying all information during the purchase process.
Tenure: Leasehold (250 years) Ground Rent: £150 per year Service Charge: £3,496 per year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Unit 402 Dunn House, Sunderland
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